Earthy

Early Stage
transparent, adaptogen nutrition brand out to redefine the outdated supplement industry
Overview
Raised: $16,400
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
88
% of Min. Goal
33%
% of Max. Goal
13%
Likelihood of Max
Avg. Daily Raise
$497
Momentum
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Year Founded
2023
Industry
Fitness & Wellness
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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: 10/30/2023
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