HA!- The Healthier Alternative

Early Stage

Balance is better

Analytics

Raised to Date: 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
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Location

Charlotte, North Carolina

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

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
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
HA!- The Healthier Alternative 04/13/2022 Republic $4,000,000 $85,834 SAFE Funded RegCF
Macro Snacks 10/26/2020 StartEngine $5,000,000 $63,492 Equity - Common Funded RegCF
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HA!- The Healthier Alternative on Republic 2021
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Platform: Republic
Security Type: SAFE
Valuation: $4,000,000
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