Crowdonomics
All companies
Kombucha Town logo

Kombucha Town

Operating

Real McCoy Tea Co

Food & Beverage · Packaged Drink · Bellingham, WA · Founded 2011

Living beverages for a better world

Valuation cap ⓘ
$5.5M
As of Jan 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$535,541
Crowd $142K · Private $394K · 5 rounds since 2019

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$1.4M
−$79K
2018
$1.2M
−$9K
2019
$769K
−$424K
2020
$556K
−$226K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$1,443,069
$1,221,069
$768,791
$556,429
Cost of goods sold
$914,893
$494,640
$409,374
$284,589
Gross margin
37%
59%
47%
49%
Net income
-$79,343
-$8,616
-$424,102
-$226,296
Taxes paid
$47,169
$43,979
$0
$0
Balance sheet
Cash
$138,213
$159,736
$30,056
$31,743
Accounts receivable
$3,669
$80,262
$624,368
$373,683
Total assets
$1,913,714
$2,071,207
$0
$462,737
Short-term debt
$356,456
$331,301
$123,719
$158,216
Long-term debt
$1,206,216
$1,372,325
$766,357
$822,109
Total liabilities
$1,562,672
$1,703,626
$890,076
$980,325
Other
Headcount
—
10
—
7

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

Valuation caps on SAFE / convertible note rounds
$20.0M
Valuation cap
$5.5M
Valuation cap
Reg CF · Class B Non-Voting Common · Aug 2020
Reg CF · SAFE · Jun 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · SAFE · Jun 2022Closedvia Republic
Raised $62.5K / $535KInvestors 91Valuation cap $5.5M
Raised $79K / $1.1MInvestors 165Valuation cap $20M

Team

3 people
Chris McCoyFounder
Founder & CEO

Chris McCoy is the founder and CEO of Kombucha Town. Chris’s passion for healthy living was driven by his father’s death from cancer in 2008 and acting as his mother’s caregiver following the early onset of Alzheimer’s disease in 2011. Chris founded Kombucha Town in the fall of 2011 after graduating from Western Washington University with a degree in environmental science. When he's not at work Chris spends time with his family, enjoying the challenge that comes with being a new dad. His hobbies include: Mountain Biking, Wind surfing, Paddle boarding

Christopher J. McCoyFounder
Founder/CEO/Director
Christine Harem
Controller

Christine joined Kombucha Town in 2017 and oversees all of the company’s financial functions. Christine brings 12 years of financial accounting experience. Christine has a BS in Mathematics and an MBA from Western Washington University. Away from the desk, Christine enjoys reading, walking through the woods and spending time with her husband, two sweet little boys, and her dog Knight.

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

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 6 annual reports (FY2020–FY2025)

165 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-UFeb 6, 20230001903204-23-000002
    EDGAR
  • Form C/AJul 21, 20220001820949-22-000002
    EDGAR
  • Form CJun 30, 20220001820949-22-000001
    EDGAR
  • Form C-ARJun 27, 20220001665160-22-001892
    EDGAR
  • Form C-UJan 20, 20210001665160-21-000104
    EDGAR
  • Form C/ADec 31, 20200001665160-20-001623
    EDGAR
  • Form C/ANov 12, 20200001665160-20-001408
    EDGAR
  • Form C/AOct 15, 20200001665160-20-001288
    EDGAR
Source: ManualCIK 0001820949DE

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.