Earthy

Earthy

Early Stage

transparent, adaptogen nutrition brand out to redefine the outdated supplement industry

transparent, adaptogen nutrition brand out to redefine the outdated supplement industry

Overview

Raised to Date: Raised: $52,200

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/29/2023

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,000,000

Valuation Cap

$4,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

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

$287

# of Investors

87

Momentum
Funded
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Year Founded

2023

Industry

Fitness & Wellness

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Santa Monica, California

Business Type

Growth

Earthy, with a valuation of $4 million, is raising funds on Wefunder. It is an adaptogen nutrition brand focused on transparent and healthy nutrition. Earthy’s flagship product is called Earthy Energy, which is made of all organic ingredients to work as an ultra-high quality adaptogen pre-movement mix. The business aims to reach 2,400 subscribers and $942,000 in revenue in year one and launch new products going forward. Brooks Bash and Kyle Huber founded Earthy in March 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1 million. The campaign proceeds will be used for production runs, marketing, administrative setup, third-party testing, R&D, and reserve.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,062

$0

COGS

$36,449

$0

Tax

$0

$0

 

 

Net Income

$-48,344

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,997

$0

Accounts Receivable

$0

$0

Total Assets

$1,997

$0

Short-Term Debt

$0

$0

Long-Term Debt

$48,341

$0

Total Liabilities

$48,341

$0

Financials as of: 10/29/2023
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Earthy on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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