Babe Kombucha

Growth Stage

Invest in a Leading Kombucha Brand Expanding Nationwide

Overview

Raised to Date: Raised: $376,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/26/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$850,000

Min. Investment

$100

Security Type

Convertible Note

Series

Seed

Funding Type

RegCF

Valuation Cap

$6,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

88

% of Min. Goal

753%

% of Max. Goal

44%

Likelihood of Max
extremely
Avg. Daily Raise

$10,176

# of Investors

55

Momentum
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Location

San Diego, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Babe Kombucha, with a valuation of $6 million, is raising funds on Wefunder. It is a leading kombucha brand that makes flavorful and delicious drinks. The business owns its manufacturing facility to produce at a national scale and has a distribution partnership with UNFI and KEHE. Babe Kombucha is expanding from 500 to 1,200 stores by expanding into Sprouts and Grocery Outlet and generated $1 million in revenue in 2022. Vinnie Pavan and Marco Quadros founded Babe Kombucha in December 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $850,000. The campaign proceeds will be used for marketing, launching a new line of products, tanks and equipment acquisition, and fulfilling national account orders.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$772,822

$501,850

COGS

$276,127

$228,864

Tax

$1,860

$1,777

 

 

Net Income

$-76,920

$-105,948

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,346

$35,461

Accounts Receivable

$42,048

$7,286

Total Assets

$545,486

$439,665

Short-Term Debt

$128,767

$243,743

Long-Term Debt

$235,404

$126,013

Total Liabilities

$364,171

$369,756

Financials as of: 12/26/2022
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Babe Kombucha on Wefunder 2022
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $6,000,000

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