Casatera

Early Stage

Premium, zero sugar, zero carb Tequila seltzers using Tequila from award-winning distillery in Mexico

Overview

Raised to Date:
$115,800 - RegCF
$562,800 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

11/28/2022

Close Date

01/20/2023

Min. Goal

$25,000

Max. Goal

$1,235,000

Min. Investment

$1,000

Security Type

Convertible Note

Series

Seed

Funding Type

RegCF / RegD 506(c)

Valuation Cap

$5,000,000

Discount Rate

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

463%

% of Max. Goal

9%

Likelihood of Max
Funded
Avg. Daily Raise

$2,185

Momentum
Funded
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Location

Boston, Massachusetts

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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: 11/28/2022
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Casatera on SeedInvest 2022
$
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $5,000,000

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