Babe Kombucha

Babe Kombucha

Growth Stage

Invest in a Leading Kombucha Brand Expanding Nationwide

Invest in a Leading Kombucha Brand Expanding Nationwide

Overview

Raised this Round: Raised: $437,689

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/25/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$850,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,000,000

Discount

0%

Year Founded

2016

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

San Diego, California

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

FY 2021 FY 2020

Revenue

$772,822

$501,850

COGS

$276,127

$228,864

Tax

$1,860

$1,777

 

 

Net Income

$-76,920

$-105,948

Summary Balance Sheet

FY 2021 FY 2020

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: 12/25/2022
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Babe Kombucha on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $6,000,000

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