About this raise: Kara Water, with a valuation of $17.32 million, is raising funds on StartEngine. The company has created a device that transforms air into clean water. Kara Water’s Kara Pure captures air from the environment, removes impurities, and extracts moisture from it through desiccation, creating high-quality and pure drinking water. The business has achieved $1.6 million in sales by selling over 800 units in 44 countries. Cody Soodeen founded Kara Water in July 2020. The current crowdfunding campaign has a minimum target of $299.92 and a maximum target of $999,999.52. The campaign proceeds will be used for sales and marketing, product development, and general and administrative expenses.
Investment Overview
Committed : $1,284,465
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 01/09/2025
- Close Date
- 03/06/2025
$300
$1,000,000
$300
Equity - Common
Series A
RegCF
$1.84
$17,323,403
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +592% YoY
- $714,166
- Monthly Burn
- $49,000
-
Runway
- 5.7 months
- Gross Margin
- 34%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,284,913
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.