Kamoti

Kamoti

Early Stage

A shot for everyone

A shot for everyone

Overview

Raised to Date: Raised: $308,413

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/13/2024

Close Date

06/10/2024

Min. Goal
$14,997
Max. Goal
$1,234,998
Min. Investment

$348

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.36

Pre-Money Valuation

$7,504,884

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/17/2024

Days Remaining

53

% of Min. Goal

2,056%

% of Max. Goal

25%

Likelihood of Max
unlikely
Avg. Daily Raise

$9,071

# of Investors

63

Momentum
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Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Jersey City, New Jersey

Business Type

Growth

Kamoti, with a valuation of $7.5 million, is raising funds on StartEngine. The company sells ready-to-serve premium green and white tea shots to bars and retailers. Kamoti’s green and white tea shots are low-ABV shots made using whiskey, tea, and a hint of sour, lime, and peach and are naturally sweetened and gluten-free. The shots function as an alternative to shot culture and let people enjoy with their friends and family both in and out of the bar, with a chill experience for all. Dylan Fusco and Michael Pugliese founded Kamoti in February 2024. The current crowdfunding campaign has a minimum target of $14,997.28 and a maximum target of $1.23 million. The campaign proceeds will be used for operating expenses and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$472,125

$351,309

COGS

$296,112

$208,105

Tax

$0

$0

 

 

Net Income

$-508,178

$-348,912

Summary Balance Sheet

FY 2023 FY 2022

Cash

$136,290

$44,212

Accounts Receivable

$81,104

$4,817

Total Assets

$448,001

$304,430

Short-Term Debt

$535,550

$1,038

Long-Term Debt

$478,252

$765,000

Total Liabilities

$1,013,802

$766,038

Financials as of: 03/13/2024
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Kamoti on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,504,884
Price per Share: $5.36

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