Overview

Raised to Date: Raised: $293,744

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/16/2021

Close Date

03/14/2022

Min. Goal

$9,999

Max. Goal

$1,069,999

Min. Investment

$249

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    

Price Per Share

$4.88

Pre-Money Valuation

$13,308,956

Rolling Commitments ($USD)

Status

Funded

Reporting Date

03/30/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,088

# of Investors

109

Momentum

Funded

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Everybody Water

Year Founded

2020

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Cohasset, Massachusetts

Business Type

Life Style

Company Website

Everybody Water, with a pre-money valuation of $13.3 million, is raising crowdfunding on StartEngine. It is a mission-driven company disrupting the packaged water business. The company offers premium water in a 16.9 oz carton instead of a plastic bottle and supports the environment. Kimberly Reilly and Megan Hayes founded Everybody Water in November 2020. The current crowdfunding round has a minimum goal of $9,999 and a maximum goal of $1,069,998.56, and the funds will target growth and expansion. Everybody Water is environmentally responsible and also donates a portion of revenues to non-profit organizations supporting clean water projects.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$128,418	$118,410
COGS	$44,047	$96,966
Tax	$0	$0
Net Income	$-8,379	$-285,913

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$5,390	$527
Accounts Receivable	$4,844	$10,549
Total Assets	$170,048	$78,108
Short-Term Debt	$236,361	$172,767
Long-Term Debt	$0	$300,000
Total Liabilities	$236,361	$472,767

Financials as of: 06/16/2021

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The Mission of Everybody Water Co-founder Kimberly Reilly

As essential as clean water is to life on Earth, not everyone has access to it. While many can access clean water by simply turning on a faucet, many other people must spend significant time, effort, and money to get this basic resource.

Fortunately, Everybody Water aims to fix that. The company sells clean water in cartons instead of plastic bottles, donating a portion of its profits to nonprofits working to give more people access to clean, running water. We reached out to co-founder Kimberly Reilly to learn about the inspiration for the company and its goals for the future.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview