DYLN

DYLN

Open  for investment

About this raise: DYLN, with a valuation of $9 million, is raising funds on Wefunder. The company aims to elevate the level of hydration with its hydrogen-rich alkaline water. DYLN’s revolutionary water bottle contains a replaceable cartridge, the VitaBead Diffuser, that enriches water with natural minerals, primarily magnesium. The company has generated $23 million in lifetime revenues and has sold and shipped the product to over 190 countries. Dorian Ayres founded DYLN in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for inventory, marketing and advertising, operations, salaries, and research and development.

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Investment Overview

Committed this round: $12,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
12/30/2024
Close Date
04/21/2025
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$200

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,000,000

Valuation Cap

$9,000,000

Discount

10%

Company & Team

Company

Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Dorian Ayres
Title
CEO

Financials

as of December 1, 2024
 Revenue -28% YoY
$2,290,257
 Cash on Hand
$60,000
Gross Margin
67%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,290,257

$3,180,353

COGS

$762,175

$1,014,471

Tax

$0

$0

 

 

Net Income

$-557,992

$-1,160,549

Summary Balance Sheet

FY 2023 FY 2022

Cash

$30,038

$71,296

Accounts Receivable

$6,131

$25,931

Total Assets

$626,687

$1,092,019

Short-Term Debt

$1,088,326

$927,460

Long-Term Debt

$292,496

$360,701

Total Liabilities

$1,380,822

$1,288,161

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,000,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/21/2025 Wefunder $9,000,000 $12,500 SAFE Active RegCF
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Add to portfolio
DYLN on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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Follow DYLN on Wefunder 2024

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