MoJoe Brewing Company

Portable, Single-Serve Coffee Maker

Company Information

Website:

https://www.mojoebrewing.com/

Sector:

Food & Beverage

Location:

Baltimore, MD

MoJoe Brewing Company is transforming how people drink coffee on the go.

The company’s created the mojoe Mobile Brewer. It’s the first travel-sized, single-serve coffee mug that can heat any temperature water and brew coffee directly inside of itself.

Simply add water, your own coffee grounds (or MoJoe’s own biodegradable capsules) and enjoy a fresh cup of coffee anytime, anywhere in about 10 minutes.

With its patent-pending brewing system, MoJoe is targeting the 191 million Americans who drink coffee every day.

The system has been fully prototyped and tested, and the company has brought in $160,000 in pre-order sales.

MoJoe's product has received numerous awards, including “Best New Product Award” at CoffeeFest NY 2016.

Over the past few years, Food & Beverage — specifically the coffee sector — has been an exciting industry for investors — for example:

In November 2017, Nestle (VTX: NESN) acquired Chameleon Cold Brew, a coffee company focused on creating iced coffee products...

And in the past five years, JAB Holdings (the No. 2 coffee player after Nestle) has spent more than $30 billion on acquisitions, including Peet’s Coffee, Stumptown, and Keurig Green Mountain.

Team Background

Joseph Hyman - Co-Founder & CEO

Inventor, mechanical engineer, all-around project manager, and visionary.

Alexandre Wing - Co-Founder & Creative Lead

The brain behind the company’s creative direction, visuals, online presence, and brand development.

Ezekiel Kolajo - Co-Founder & Engineer

Mechanical engineer and designer, responsible for product development and manufacturing.

Co-Investors

Raising
$107K
Committed
$48.036K (45%)
Current Valuation
$6 million Cap / 0% Discount
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $37.5K
    2015-06-01
    Unknown
  • $23K
    2016-06-01
    Unknown
  • $45K
    2017-05-01
    Unknown
  • $10K
    2017-08-01
    Unknown
Notable Investors
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