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FIRE DEPARTMENT COFFEE

Operating

Fire Department Coffee, Inc.

Food & Beverage · Packaged Drink · Rockford, IL · Founded 2016

Handcrafted, super-premium coffee

Post-money valuation ⓘ
$75.5M
As of Sep 2025 · from Reg CF Offering (2025) · pre-money + amount raised, not a traded price
Total raised
$5,162,859
Crowd $1.9M · Private $3.3M · 6 rounds since 2020
Latest share price
$10.87
Reg CF · Common Stock · Jun 2025 offering price

Financials

FY2021–FY2025 · from SEC filings · hover any figure for its source
$5.0M
$138K
2021
$115K
−$383K
2022
$7.4M
−$3.4M
2023
$12.1M
−$423K
2024
$16.5M
−$1.0M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$4,965,537
$114,702
$7,360,331
$12,113,373
$16,533,758
Cost of goods sold
$2,219,361
$3,421,278
$5,021,610
$7,219,757
$10,157,083
Gross margin
55%
-2883%
32%
40%
39%
Net income
$138,096
-$382,785
-$3,381,612
-$422,852
-$1,016,469
Taxes paid
$184,401
$0
$0
$0
$0
Balance sheet
Cash
$161,791
$219,683
$10,800
$271,594
$198,704
Accounts receivable
$1,972
$114,702
$165,797
$0
$1,426,556
Total assets
$1,471,533
$2,293,220
$2,391,087
$3,580,965
$6,390,935
Short-term debt
$543,146
$219,683
$2,611,623
$1,436,771
$2,094,456
Long-term debt
$426,105
$2,055,451
$617,055
$0
$696,488
Total liabilities
$969,251
$2,275,134
$3,228,678
$1,436,771
$2,790,944
Other
Headcount
—
48
45
48
48

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$54.0M
pre-money
$74.9M
pre-money
Reg CF · Common · Jun 2023
Reg CF · Common · Jun 2025

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$252.5253$46.0566$8.40
Aug 2020Jun 2025
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jun 2023 (-96.7%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Aug 25, 2026
Preferred Stock · 3.57%Voting Common Stock · 96.4%
ClassOutstandingVotes / shareShare of totalVotesLast price
Preferred Stockpreferred238,09513.57%100.0%—
Voting Common Stock6,426,189none96.4%0%$252.53Aug 2020
Total6,664,284100%100%

Shares outstanding over timein today's share terms

6.7M3.3M0
Dec 2024Aug 2026
Voting Common StockPreferred StockRound opened

Principal holders% as the filing states it, Aug 25, 2026

  • Luke Joseph Schneider3,700,785 Voting Common Stock55.5%of Voting

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $900KInvestors 8
Raised $586.3K / $5MInvestors 488Post-money $75.5M
Raised $1.3M / $5MInvestors 1,429Post-money $55.8M

Team

7 people
Luke SchneiderFounder
Chief Executive Officer (CEO), Chairman of Board, President, Treasurer, Secretary

Luke Schneider is the founder and CEO of Fire Department Coffee based in Rockford, IL. He’s a U.S. Navy veteran that served amid our nation’s wars in Iraq and Afghanistan. After leaving the Navy in 2008, he became a professional firefighter for the city of Rockford. In addition to his passion for serving his country and his community, he also found a passion for crafting great-tasting coffee and started Fire Department Coffee in 2016.

Brad Flaherty
Chief Creative Officer

Brad Flaherty is the Chief Creative Officer for Fire Department Coffee. He leads the company's branding and marketing with a focus on successfully growing the company’s digital presence. Brad has a background in graphic design and he’s been creating professionally since 2001 where he’s worked for both in-house studios and design agencies over his career. Most notably he’s worked with brands like the NFL’s Washington Football Team, Hilton Hotels, Wilson Sporting Goods, MillerCoors, Conair and UFC — designing the Legacy Belt for all UFC champions.

Jason Patton
Senior Vice President, Board Member

Jason Patton is the Senior Vice President and co-owner of Fire Department Coffee. Jason is also a 17 year Driver Engineer/Paramedic for a South Florida fire department. Jason has been responsible for the growth of Fire Department Coffee's video presence on Social Media and TV commercials. These responsibilities include, but not limited to, writing, producing, directing, editing and starring in videos. Jason has helped grow the social following of Fire Department Coffee and Fire Department Chronicles to a combined 5.5 million followers through fun, engaging and emotionally capturing videos.

Jeff Fahrenwald
Board Member, acting Chief Financial Officer

Jeff is the acting Chief Financial Officer at Fire Department Coffee and Professor Emeritus of Business at Rockford University. Jeff works with and supports the FDC Leadership Team to develop and execute strategic direction and goals. He also helps with analysis and decision-making related to financial operations. While at Rockford University Jeff was Assistant Professor and the MBA Director. In this role he was also responsible for Executive Development Training and the Graduate Assistant program. Jeff has been recognized for his contributions to the Rockford Community, such as being named 2014 Citizen of the Year and 21 People You Should Know in Rockford in 2011 by the Rockford Area Chamber of Commerce.

Stacey Helbig
Chief Operating Officer

Stacey Helbig is the Chief Operating Officer of Fire Department Coffee. She leads the company's day-to-day operations and strategic growth initiatives with a focus on driving operational excellence across the organization. Previously serving as VP of Wholesale over the last year, Stacey has been instrumental in expanding FDC's market presence and developing key business relationships. Prior to joining Fire Department Coffee, she held executive positions at Staples over the last 13 years ranging from Sr. Merchant, Vice President of Strategy and Vice President/General Merchandise Manager. In these roles, she led high-impact transformation projects that delivered significant EBITDA growth and increased customer traffic to Staples retail stores. With a vast background in business development and a Bachelor of Science in Marketing, Stacey brings valuable expertise in innovation, strategic planning, and customer-centric solutions to the leadership team.

Don Kremin
Board Member

With 40 years of experience in the consumer packaged goods industry and private equity, Don currently serves on the boards of Slawek Family Investments, House of Spice, Devansoy, and Fire Dept Coffee. He is a Managing Director at Akoya Capital, focusing on the firm’s consumer packaged goods, ingredients, and health and wellness businesses.

Peter Provenzano
Board Member

Peter Provenzano is the President & CEO of SupplyCore Inc., a supply chain integrator and government contractor. An advocate for innovation, Peter has helped shape the federal defense contracting industry. After years of leading SupplyCore to refine its technology, procurement and logistic capabilities, Peter transitioned the company in the 2000s from a transactional store and forward model to a programmatic, direct-to-the-customer supply chain integrator. This innovative approach, supplying mission critical materials directly to military bases and end users, has aided both the U.S. and foreign military services in supporting sustainment and maintaining readiness.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 3 of 3 annual reports (FY2023–FY2025)

1,429 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARAug 25, 20260001978166-26-000004
    EDGAR
  • Form DFeb 25, 20260001978166-26-000001
    EDGAR
  • Form CJun 26, 20250001665160-25-001241
    EDGAR
  • Form C-ARJun 20, 20250001665160-25-001228
    EDGAR
  • Form C-ARMay 13, 20240001665160-24-000835
    EDGAR
  • Form C-UNov 8, 20230001665160-23-001910
    EDGAR
  • Form C/ASep 1, 20230001665160-23-001714
    EDGAR
  • Form C/AJul 11, 20230001665160-23-001500
    EDGAR
Source: ManualCIK 0001978166ILShare price $10.87

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.