Elephant Craft Hard Seltzer

Early Stage

Get trunk

Analytics

Raised to Date: Raised: $120,854

Financials

Aggregate Commitments $

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

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$7,000,000

Rolling Commitments $

Status

Funded

Reporting Date

10/19/2021

Days Remaining

Funded

% of Min. Goal

1,209%

% of Max. Goal

11%

Likelihood of Max

Funded

Avg. Daily Raise

$671

Momentum

Funded

Logos provided by Clearbit

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

SEC Filing

Company Website

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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