Pratt Standard Cocktail Co.

Operating

True Syrups & Garnishes DBA Pratt Standard Cocktail Company

Food & Beverage

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Craft cocktail syrups to help home bartenders elevate their game

Valuation cap ⓘ

$2.5M

As of May 2019 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$166,063

Crowd $91K · Private $75K · 3 rounds since 2019

Financials

FY2016–FY2019 · from SEC filings · hover any figure for its source

$111K

−$81K

2016

2017

$192K

−$78K

2018

$188K

−$59K

2019

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2016 reviewed*

FY2017 reviewed*

FY2018 reviewed

FY2019 reviewed

Income statement

Revenue

$110,639

—

$191,803

$187,992

Cost of goods sold

$81,824

—

$141,258

$120,643

Gross margin

26%

—

26%

36%

Net income

-$80,903

—

-$77,544

-$59,006

Taxes paid

—

Balance sheet

Cash

$4,999

—

$4,341

-$10,934

Accounts receivable

$6,848

—

$7,172

$6,689

Total assets

$19,094

—

$57,574

$85,366

Short-term debt

$18,014

—

$21,201

$323

Long-term debt

$28,516

—

$123,803

$237,632

Total liabilities

$46,530

—

$145,004

$237,955

Other

Headcount

—

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

Reg CF · Note · Mar 2019

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

Rule 506(b) · Convertible Note · Sep 2021Closed

Raised $50KInvestors 1

Rule 506(b) · Convertible Note · Apr 2021Closed

Raised $25KInvestors 1

Reg CF · Convertible Note · Mar 2019Closedvia WeFunder

Raised $91.1K / $550KInvestors 85Valuation cap $2.5M

Team

1 person

Tory PrattFounder

Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 8 annual reports (FY2018–FY2025)

85 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 DSep 29, 20210001768547-21-000002
EDGAR
Form DMay 12, 20210001768547-21-000001
EDGAR
Form C-ARJun 12, 20200001670254-20-000475
EDGAR
Form CMar 4, 20190001670254-19-000089
EDGAR

Source: ManualCIK 0001768547

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.