Everybody Water
About this raise
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.
Investment Overview
Invested : $293,744
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/17/2021
- Close Date
- 03/14/2022
$9,999
$1,069,999
$249
Equity - Common
Pre-Seed
RegCF
$4.88
$13,308,956
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +8% YoY
- $128,418
- Monthly Burn
- $698
-
Runway
- 7.7 months
- Gross Margin
- 66%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/14/2022 | StartEngine | $13,308,956 | $293,744 | Equity - Common | Funded | RegCF |
Founder Interview
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.