Jove Wellness by Aim Beverages

Jove Wellness by Aim Beverages

Open  for investment

About this raise

Jove Wellness by Aim Beverages, with a valuation of $19.99 million, is raising funds on StartEngine. The functional water brand is redefining hydration with its clinically shown formula and creating a hydrationship. Jove Wellness by Aim Beverages works on its patented and unique ACH Technology that enhances cellular hydration and has helped the company receive several awards. The functional water has clinically demonstrated benefits and already sells through more than 1,900 locations. Jerry Whitlock founded Jove Wellness by Aim Beverages in January 2019. The current crowdfunding campaign has a minimum and maximum target of $123,989.92. The campaign proceeds will be used for inventory and working capital.

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Investment Overview

Committed this round: $123,989

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
04/17/2025
Close Date
07/15/2025
Min. Goal
$123,990
Max Goal
$123,990
Min. Investment

$113

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$14.18

Pre-Money Valuation

$19,993,800

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Boca Raton, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
Yes
Founder Name
Jerry Whitlock
Title
Chairman of the Board

Financials

 Revenue -1.2% YoY
$1,555,074
as of FY2024
 Monthly Burn
$450,000
as of Feb '25
 Runway
0.4 months
as of Feb '25

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$1,555,074

$1,573,907

COGS

$2,143,464

$2,016,635

Tax

$0

$0

 

 

Net Income

$-5,109

$-6,274

Summary Balance Sheet

FY 2024 FY 2023

Cash

$187,299

$29,288

Accounts Receivable

$83,632

$90,042

Total Assets

$6,174,905

$6,749,819

Short-Term Debt

$1,616,855

$1,373,583

Long-Term Debt

$17,008,910

$12,718,205

Total Liabilities

$18,625,765

$14,091,788

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$250,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/15/2025 StartEngine $19,993,800 $123,989 Equity - Common Active RegCF
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Add to portfolio
Jove Wellness by Aim Beverages on StartEngine 2025
Platform: StartEngine
Security Type: Equity - Common
Valuation: $19,993,800
Price per Share: $14.18

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