Elixir Kombucha
About this raise
Elixir Kombucha, with a valuation of $6 million, is raising funds on Wefunder. It is an award-winning craft kombucha company that makes and sells bubbly, delicious, and gut-friendly kombucha. The beverages of Elixir Kombucha are full of flavor, packed with benefits, and never pasteurized to retain the benefits of live probiotics and organic acids. Elixir Kombucha has established strategic partnerships with Whole Foods, Creation Gardens, US Foods, and Green District and has a 90% reorder rate with retailers. Corey Wood and Danielle Wood founded Elixir Kombucha in December 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for business operations, research and development, marketing and advertising, and legal and professional fees.
Investment Overview
Invested : $212,250
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 11/22/2022
- Close Date
- 10/01/2023
$50,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$6,000,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -5.3% YoY
-
$125,741
as of FY2022
- Monthly Burn
-
$1,668
as of FY2022
-
Cash on Hand
-
$227,860
as of FY2022
- Gross Margin
-
70%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $220,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/01/2023 | Wefunder | $6,000,000 | $212,250 | SAFE | Funded | RegCF |