Casatera
Early Stage
Premium, zero sugar, zero carb Tequila seltzers using Tequila from award-winning distillery in Mexico
Overview
$115,800 - RegCF
$562,800 - Total
$562,800 - Total
Total Commitments ($USD)
Platform
SeedInvest
Start Date
11/27/2022
Close Date
01/20/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$1,000
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
/ RegD 506(c)
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,185
Momentum
Funded
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Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Casatera, with a valuation of $5 million, is raising funds on SeedInvest. The company makes premium Tequila seltzers using award-winning Tequila distilled in Mexico. The ready-to-drink seltzers of Casatera are perfectly balanced, expertly blended, and contain zero sugar, zero carbs, and 7% ABV. Casatera products are available in eight states and have generated $228,000 in YTD revenue since launching in January 2022. Kyle King and George Cultraro II founded Casatera in September 2021. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $500,000, and a maximum target of $1.24 million. The campaign proceeds will be used for advertising and marketing, sales support, travel, and general business expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$560 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-162,878 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$90,059 |
$0 |
|
Accounts Receivable |
$5,173 |
$0 |
|
Total Assets |
$237,122 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/27/2022
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