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OVERTHROW HOSPITALITY

Operating

Overthrow Hospitality Inc.

Food & Beverage · Restaurant · New York, NY · Founded 2024

Eat, drink. Start a revolution

Post-money valuation ⓘ
$26.3M
As of Apr 2025 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$864,739
Across 2 rounds since 2024
Latest share price
$21.65
Reg CF · Class B Common Stock · Dec 2024 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$8.2M
−$2.5M
2022
$8.5M
−$1.0M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 audited
FY2023 audited
Income statement
Revenue
$8,158,489
$8,543,498
Cost of goods sold
$1,644,790
$1,683,799
Gross margin
80%
80%
Net income
-$2,503,939
-$1,020,715
Taxes paid
$0
$0
Balance sheet
Cash
$164,688
$141,195
Accounts receivable
$699,104
$691,134
Total assets
$5,854,784
$4,874,487
Short-term debt
$1,347,449
$2,767,786
Long-term debt
$5,672,607
$4,127,774
Total liabilities
$7,020,056
$6,895,560
Other
Headcount
—
100

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
$21.7M
pre-money
$24.8M
pre-money
Reg CF · Common · Oct 2024
Reg CF · Class B Common · Dec 2024

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

Share price over rounds

$21.65$10.825$4.653
Oct 2024Dec 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Dec 2024 (-78.5%)

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

Raised $543.5K / $3MInvestors 635Post-money $26.3M
Raised $321.2K / $3MInvestors 230Post-money $22.2M

Team

4 people
Drew BradyFounder
Co-founder and Chief Operating Officer, Board Member

Drew joined the company as General Manager before being promoted to Operations Director and, most recently, COO. In addition to concept development and operations, Drew acts as the group's Wine Director— guiding award-winning lists across our properties. He was recognized as one of Wine Enthusiast's Future 40 Tastemakers in 2023.

Ravi Lalchandani aka Ravi DerossiFounder
Chief Executive Officer, Board Member

Ravi is the CEO & Founder of Overthrow Hospitality. He was twice nominated as Outstanding Restaurateur by the James Beard Foundation and featured in thousands of media publications. He is an outspoken voice on climate change issues and animal welfare. He is also the founder and co-owner of Death&Co, one of the world's most influential cocktail bars.

Sother Teague
Co-founder and Beverage Director

Sother Teague is a founding partner and Beverage Director of Overthrow Hospitality. He's also the co-host of the podcast 'The Speakeasy.' Sother was named Mixologist of the Year by Wine Enthusiast Magazine in 2017 and was featured as a cocktail expert in countless publications. He is today one of the most recognized names in the cocktail world.

Ravi Lalchandani
Chief Executive Officer, Board Member, acting Principal Accounting Officer

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

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

635 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

  • Form C-UMay 8, 20250001665160-25-001031
    EDGAR
  • Form C/AMar 25, 20250001665160-25-000482
    EDGAR
  • Form C-UMar 3, 20250001665160-25-000348
    EDGAR
  • Form C-UJan 2, 20250001665160-25-000001
    EDGAR
  • Form CDec 31, 20240001665160-24-001910
    EDGAR
  • Form C/ADec 18, 20240001665160-24-001851
    EDGAR
  • Form COct 22, 20240001665160-24-001435
    EDGAR
Source: ManualCIK 0002025387DEShare price $21.65

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.