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
11/28/2022
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
Create a free account today to gain access to KingsCrowd analytics.
Location
Boston, Massachusetts
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: 11/28/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
