Kombucha Beer

Kombucha Beer

Early Stage

Organic, gluten-free, probiotic rich Kombucha beer distributed in 17 states.

Organic, gluten-free, probiotic rich Kombucha beer distributed in 17 states.

Overview

Raised to Date: Raised: $57,350

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/04/2019

Close Date

06/25/2019

Min. Goal
$51,000
Max. Goal
$105,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5,000.00

Pre-Money Valuation

$5,230,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$708

# of Investors

37

Momentum
Funded
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Year Founded

2009

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

Ypsilanti, Michigan

Kombucha Beer, with a pre-money valuation of $5.23 million, is raising funds on WeFunder. The company brews organic, gluten-free, and probiotic-rich Kombucha beer for almost a decade. The beer is brewed for 30 days and then fermented in the open on oak. Each batch is then infused with positive sound and vibration. Kombucha Beer was founded by Rachel Kanaan and Tarek Kanaan in 2010 and has raised $0.96 million from investors since its founding. The proceeds of the current crowdfunding round, with a minimum raise of $50,000, will be used to expand the marketing and sales footprint. Kombucha Beer is already being distributed in 17 states and has earned lifetime revenue of $4.7 million.
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Kombucha Beer on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $5,230,000
Price per Share: $5.00

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