Hydr8 Us
Bottled Water
Overview
Raised: $50,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
01/17/2024
Close Date
02/16/2024
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
14.00%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/28/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,724
# of Investors
23
Momentum
Funded
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Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Hydr8 Us is raising funds on Honeycomb. It is an emerging brand in the premium domestic bottled water industry. Hydr8 Us has gained interest from over 1,000 retail stores nationwide and has market appeal and potential for future growth. The business has a unique patriotic positioning as it is steered by the Chief of Veterans Affairs, Captain Mark McNally, and has a commitment to supporting the Gary Sinise Foundation. Amy McNally founded Hydr8 Us in June 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for slotting fees for national retailers, refinancing debt, setting up charges for new SKUs, inventory, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/17/2024
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