Elephant Craft Hard Seltzer

Early Stage

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Overview

Raised to Date: Raised: $123,633

Total Commitments ($USD)

Platform

StartEngine

Start Date

04/22/2021

Close Date

10/19/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$1.00

Pre-Money Valuation

$7,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/31/2021

Days Remaining
Funded
% of Min. Goal

1,236%

% of Max. Goal

12%

Likelihood of Max
Funded
Avg. Daily Raise

$687

# of Investors

142

Momentum
Funded
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Location

Foothill Ranch, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Elephant Craft Hard Seltzer, with a pre-money valuation of $7 million, is raising funds on StartEngine. The company brews hard seltzers that hit harder and are healthier. The seltzers are made using real and high-quality ingredients and come in delicious flavors. Stephen Young, Ian Knowles, and Brett Lawrence founded Elephant Craft Hard Seltzer in February 2020. The current crowdfunding campaign has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used for expansion to new markets and marketing. Elephant Craft Hard Seltzer is a socially responsible brand with a focus on giving back to the earth.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-86,762

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$112

$0

Accounts Receivable

$0

$0

Total Assets

$77,397

$0

Short-Term Debt

$119,109

$0

Long-Term Debt

$45,000

$0

Total Liabilities

$164,109

$0

Financials as of: 04/22/2021
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Elephant Craft Hard Seltzer on StartEngine
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,000,000

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