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Octane Coffee

Operating

Automated Coffee Shop, Inc

Healthcare · Pewaukee, WI · Founded 2018

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We're building the world's first Fully Automated Coffee Drive-Thru!

Valuation cap ⓘ
$20.7M
As of Mar 2026 · from Reg CF Offering (2025) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$7,263,419
Crowd $497K · Private $6.8M · 4 rounds since 2020
Latest share price
$0.3532
Rule 506(b) · Equity · May 2024 disclosed sale · down round

Financials

FY2018–FY2024 (no data for FY2020) · from SEC filings · hover any figure for its source
$0
−$2K
2018
$0
−$78K
2019
2020no data
$0
−$122K
2021
$0
2022
$0
2023
$30K
−$418K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 unaudited*
FY2021
FY2022 reviewed
FY2023 reviewed
FY2024
Income statement
Revenue
$0
$0
$0
$0
$0
$29,890
Cost of goods sold
$200
$895
$2,175
$0
$0
$16,963
Gross margin
—
—
—
—
—
43%
Net income
-$2,200
-$78,107
-$121,500
$0
$0
-$417,797
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$50,000
$10,000
$214,106
$142,592
$142,592
$68,217
Accounts receivable
$0
$0
$0
$0
$0
$0
Total assets
$55,950
$77,026
$372,643
$374,992
$374,992
$476,272
Short-term debt
$0
$0
$45,470
$0
$0
$45,588
Long-term debt
$0
$0
$0
$33,579
$33,579
$107,732
Total liabilities
$0
$0
$45,470
$33,579
$33,579
$153,320
Other
Headcount
—
3
—
1
2
2

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
$2.5M
Valuation cap
$20.7M
Valuation cap
Reg CF · SAFE · Dec 2020
Reg CF · SAFE · Oct 2025

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

Share price over rounds

$0.6384$0.3192$0.3532
Dec 2024Dec 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Dec 2024 (-44.7%)

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.

Fundraising history

Reg CF · SAFE · Oct 2025Closedvia StartEngine
Raised $417.2K / $618KInvestors 235Valuation cap $20.7M
Rule 506(c) · Series Seed-1 Preferred Stock · Dec 2024Closed
Raised $3M
Rule 506(b) · Equity · May 2024Closed
Raised $3.8MInvestors 1
Reg CF · SAFE · Dec 2020Closedvia WeFunder
Raised $79.6K / $100KInvestors 117Valuation cap $2.5M

Team

5 people
Adrian Michael DeasyFounder
Founder, CEO, and Board Member of Octane Coffee

Adrian Deasy, founder of Octane Coffee, is a mechanical engineer with a background in foodservice and Fortune 500 manufacturing. Driven to solve long coffee lines, he’s building innovative automation to serve customers faster and better.

Charles Robert Kubiak
COO and Principal Accounting Officer

After two successful exits, I couldn’t stay retired. The opportunity to invest in and join the incredible team at Octane Coffee was simply irresistible.

David John Raschke
VP of Engineering

David Raschke, VP of Engineering at Octane Coffee, leads automation and robotics innovation in Waukesha, WI. A UW–Milwaukee grad and MEDIAC Vice Chair, he drives scalable, AI-powered engineering solutions that advance Octane’s automated coffee systems.

Devin Michael Wingate
Board Member

Vice President of Patriot Development Group, Commercial Developer in Atlanta Metro, Lead Investor for the Octane Coffee Seed Round.

Justin W. Strickland
Board Member

CEO & Founder at Accelerated Brands, Franchisor of Strickland Brothers 10 Minute Oil Change.

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 requiredFiled Form C-TR (terminated reporting)

Filed 3 of 6 annual reports (FY2020–FY2025)

235 investors
holder-count proxy

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

SEC filings

View all 12 filings on EDGAR
  • Form C-TRApr 3, 20260001833099-26-000002
    EDGAR
  • Form C-UMar 18, 20260001833099-26-000001
    EDGAR
  • Form C/ADec 30, 20250001833099-25-000017
    EDGAR
  • Form COct 16, 20250001833099-25-000014
    EDGAR
  • Form C-AR/AOct 15, 20250001833099-25-000008
    EDGAR
  • Form C-AR/AOct 15, 20250001833099-25-000012
    EDGAR
  • Form C-AROct 15, 20250001833099-25-000004
    EDGAR
  • Form C-ARNov 5, 20240001833099-24-000004
    EDGAR
Source: ManualCIK 0001833099DEShare price $0.6384

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.