Jivati

Jivati

Closed: Nov. 2021

About this raise

Jivati, with a $4 million valuation cap, is raising crowdfunding on Wefunder. The company makes the next generation of beverages, including sparkling water, hard seltzer, and alkaline water beverages. The beverages of Jivati are multi-functional, holistic, and healthy. DevRaj Patel founded Jivati in May 2020. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $1,070,000, and the funds will be used for formulation, marketing, sales and distribution, and inventory. Jivati works on an efficient business model with multiple streams of revenue, including subscription model, e-commerce, and retail. Jivati, with its 100% plant-based products and a dynamic management team, is well placed to revolutionize the beverages industry.

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Investment Overview

Invested this round: $123,084

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/12/2021
Close Date
11/30/2021
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,600,000

Valuation Cap

$4,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Irvine, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
DevRaj Patel
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$4,893
 Runway
0.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$254

$0

 

 

Net Income

$-58,710

$-4,268

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$500

$0

Accounts Receivable

$0

$0

Total Assets

$500

$0

Short-Term Debt

$3,390

$0

Long-Term Debt

$59,588

$4,268

Total Liabilities

$62,978

$4,268

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/30/2021 Wefunder $4,000,000 $123,084 SAFE Funded RegCF
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Add to portfolio
Jivati on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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