Jungle Juice

Jungle Juice

College nostalgia in a can

College nostalgia in a can

Overview

Raised to Date: Raised: $8,550

Total Commitments ($USD)

Platform

Honeycomb

Start Date

04/23/2024

Close Date

06/06/2024

Min. Goal
$40,000
Max. Goal
$80,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/22/2024

Days Remaining

14

% of Min. Goal

21%

% of Max. Goal

11%

Likelihood of Max
unlikely
Avg. Daily Raise

$295

# of Investors

11

Momentum
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

North Royalton, Ohio

Business Type

Life Style

Jungle Juice is raising funds on Honeycomb. It is an alcoholic beverage brand in Cleveland, Ohio. Jungle Juice makes a non-carbonated hard fruit punch and brings back college nostalgia in a can. The drinks contain 6% ABV and are gluten-free and all-natural. Jungle Juice has been featured in Akron Beacon Journal, Axios Cleveland, Kent Wired, Kent State University’s Kent State Today, and Mahoning Matters and has a loyal customer base. Spencer Forrest and Marius Karl founded Jungle Juice in April 2021. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $80,000. The campaign proceeds will be used for the production of jungle juice, marketing videos, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$9,093

$0

COGS

$20

$22,340

Tax

$0

$0

 

 

Net Income

$-35,178

$-39,968

Summary Balance Sheet

FY 2023 FY 2022

Cash

$33,327

$18,684

Accounts Receivable

$0

$0

Total Assets

$33,802

$31,170

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/23/2024
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Jungle Juice on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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