Eden's Harvest
Early Stage
Chaga mushroom-infused alcohol
Overview
Year Founded
2023
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Eden’s Harvest, with a valuation of $14.9 million, is raising funds on Title3Funds. The company crafts unique chaga mushroom-infused alcohol and seltzer beverages for distribution and commercial sale. Eden's Harvest is committed to authenticity and innovation and is giving a new dimension to the flavor and health benefits of chaga mushrooms, including immunity, wellness, and the power of antioxidants. Scot Joseph Wallace founded Eden's Harvest in March 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and sales, salaries, product development, manufacturing, debt repayment, and working capital.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$95 |
$0 |
Tax |
$800 |
$0 |
| ||
| ||
Net Income |
$-895 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$1,925 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$257,000 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$50,000 |
$0 |
Total Liabilities |
$50,000 |
$0 |
Financials as of: 11/29/2023
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