Elixir Kombucha

Early Stage

Award-winning craft kombucha company led by former healthcare professionals

Overview

Raised to Date: Raised: $41,600

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/22/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$6,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

87

% of Min. Goal

83%

% of Max. Goal

4%

Likelihood of Max
unlikely
Avg. Daily Raise

$578

Momentum
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Location

Louisville, Kentucky

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$125,741

$132,745

COGS

$43,846

$47,326

Tax

$5,766

$5,629

 

 

Net Income

$44,209

$17,558

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$23,432

$51,038

Accounts Receivable

$2,216

$1,291

Total Assets

$27,331

$54,329

Short-Term Debt

$9,757

$17,894

Long-Term Debt

$31,351

$47,326

Total Liabilities

$41,108

$65,220

Financials as of: 11/22/2022
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Elixir Kombucha on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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