iba Energy Drink
About this raise: iba Energy Drink, with a valuation of $4 million, is raising funds on Wefunder. It is a plant-powered, clean energy drink that serves as a natural alternative to traditional energy drinks. iba Energy Drink is made using simple ingredients and a clean formula and does not contain any artificial flavors, sweeteners, or sugar. The company won the May 2024 Render Capital Competition in Louisville and was chosen from more than 1,000 brands for the KeHE natural distributors Elevate program. Flavia Baggio Greenwood and Jodie Doyle founded iba Energy Drink in July 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for sales and marketing, working capital, inventory, and team building.
Investment Overview
Committed : $0
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/19/2024
- Close Date
- 02/15/2025
$50,000
$124,000
$100
Convertible Note
Pre-Seed
RegCF
$4,000,000
20%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $588,245
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/15/2025 | Wefunder | $4,000,000 | $0 | Convertible Note | Active | RegCF |