HANGOBI by Hang Obi
About this raise
HANGOBI by Hang Obi, with a valuation of $8.01 million, is raising funds on StartEngine. The company makes and sells delicious plant-based multivitamin beverages in cans. The drinks of Hang Obi offer the flavor and convenience of soft drinks, along with the functions of nutritional supplements. They come in different varieties that are suitable for morning, evening, and all day. HANGOBI by Hang Obi has strong traction online with 14,000 social media followers and $43,400 in sales on Shopify and Amazon. It also sells through over 121 physical locations in New York City. Conrad Oberbeck and John Eric Oberbeck founded HANGOBI by Hang Obi in December 2020. The current crowdfunding campaign has a minimum target of $9,999.15 and a maximum target of $1,069,999.83. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $141,802
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/16/2022
- Close Date
- 01/13/2023
$9,999
$1,070,000
$296
Equity - Common
Early Stage
RegCF
$2.67
$8,010,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $620,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/13/2023 | StartEngine | $8,010,000 | $141,802 | Equity - Common | Funded | RegCF |