HA!- The Healthier Alternative
Balance is better
Analytics
Raised: $85,834
Aggregate Commitments $
Platform
Republic
Start Date
07/07/2021
Close Date
04/13/2022
Min. Goal
$25,000
Max. Goal
$467,101
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Series
Pre-Seed
Valuation Cap
$4,000,000
Discount Rate
20%
Rolling Commitments $
Status
Funded
Reporting Date
04/13/2022
Days Remaining
Funded
% of Min. Goal
343%
% of Max. Goal
18%
Likelihood of Max
Funded
Avg. Daily Raise
$307
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location
Charlotte, North Carolina
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
HA!- The Healthier Alternative, with a valuation cap of $4 million, is raising crowdfunding on Republic. The business offers healthier alternatives to traditional snacks by using natural and plant-based ingredients. The snacks deliver a powerful crunch and bold flavor at low calories and high protein. Justin Wiesehan and Scott Jensen founded HA!- The Healthier Alternative in June 2020. The proceeds of the current crowdfunding raise, with a minimum goal of $25,000 and a maximum goal of $467,101, will target innovation and rebranding. HA!- The Healthier Alternative generated $230,000 in revenue in 2020 and expects to generate $400,000 in 2021. The business has over 10,000 customers and 300 reviews.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$211,638 |
$15,926 |
|
COGS |
$73,133 |
$34,261 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-156,891 |
$-332,157 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,889 |
$22,164 |
|
Accounts Receivable |
$0 |
$2,959 |
|
Total Assets |
$42,747 |
$76,961 |
|
Short-Term Debt |
$71,111 |
$43,505 |
|
Long-Term Debt |
$9,000 |
$0 |
|
Total Liabilities |
$80,111 |
$43,505 |
Financials as of: 07/07/2021
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
