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Promised Grounds

Austin, US · Founded 2021 · Delaware corporation

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Promised Grounds is a faith-based artisan coffee roaster that sources green beans and roasts them at its Texas facility, selling premium coffee to consumers and churches. Through its "Ounce per Ounce Promise" it funds clean water for communities in need, and it offers church-focused programs including a Church Brew Bundle subscription and a Tithing Together partnership.</parameter> <parameter name="founders">[]

ConsumerDirect to ConsumerE-commerceFoodTechImpact & Social Good

Founders & leadership

JDJustin DePriest
Justin DePriestChief Executive OfficerHe has experience in multi-unit management and enterprise operations leadership, with a background in transitioning organizations from startup to established business models.
CP
Charles PrestonCEO
RM
Rocky MountainNamed on SEC filing
JF
John FerrariSecretary

Reported raises · per SEC filings

Form D private placements

$1.1M disclosed across 1 round · 2021

▶$1.1MraisedNov 2021 · 16 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Justin DePriestExecutive Officer
  • John FerrariExecutive Officer, Director
  • Charles PrestonExecutive Officer
  • Rocky MountainDirector
Offering amount
$2M
Amount sold
$1.1M
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 1

JoeJOE provides an operating platform for independent coffee shops covering back-of-house operations, front-of-house experience, and growth tools, priced as a capped percentage of loyalty revenue. Through its nonprofit incubator Awake Innovation Labs, the company runs an industry-owned model that routes value back to shop operators and coffee growers.

Companies working in the same space as Promised Grounds.

Frequently asked questions

What does Promised Grounds do?
Promised Grounds is a faith-based artisan coffee roaster that sources green beans and roasts them at its Texas facility, selling premium coffee to consumers and churches. Through its "Ounce per Ounce Promise" it funds clean water for communities in need, and it offers church-focused programs including a Church Brew Bundle subscription and a Tithing Together partnership.</parameter> <parameter name="founders">[]
How much funding has Promised Grounds raised?
Promised Grounds has disclosed $1.1M raised across 1 round.
Where is Promised Grounds headquartered?
Promised Grounds is headquartered in Austin, US.