Diesel Beverages

Diesel Beverages

Early Stage

The first and only strain-specific cannabis terpene beverages without CBD or THC

The first and only strain-specific cannabis terpene beverages without CBD or THC

Overview

Raised to Date: Raised: $187,604

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/18/2022

Close Date

02/23/2023

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$603

# of Investors

107

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Loveland, Colorado

Business Type

Growth

Diesel Beverages, with a valuation of $6 million, is raising funds on Wefunder. The company makes strain-specific cannabis terpene beverages without CBD or THC. The beverages have the therapeutic properties of cannabis terpenes, all-natural flavors, and no limits for distribution channels. Diesel Beverages has top distributor partnerships, is selling on Amazon, and plans to reach $6 million in revenue by 2024. Marc Brannigan and Natalie Mondine founded Diesel Beverages in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for production costs of cans and concentrates, staffing, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,230

$0

COGS

$615

$0

Tax

$0

$0

 

 

Net Income

$-61,635

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,000

$0

Accounts Receivable

$0

$0

Total Assets

$590,500

$0

Short-Term Debt

$89,750

$0

Long-Term Debt

$350,000

$350,000

Total Liabilities

$439,750

$350,000

Financials as of: 04/18/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Diesel Beverages on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

Follow company

Follow Diesel Beverages on Wefunder 2022

Buy Diesel Beverages's Deal Report

Warning: according to the close date for this deal, Diesel Beverages may no longer be accepting investments.

Diesel Beverages Deal Report

Get KingsCrowd’s comprehensive report on Diesel Beverages including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Diesel Beverages is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Diesel Beverages deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge