Kombucha Beer
Early Stage
Organic, gluten-free, probiotic rich Kombucha beer distributed in 17 states.
Overview
Raised: $57,350
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/05/2019
Close Date
06/25/2019
Min. Goal
$51,000
Max. Goal
$105,000
Min. Investment
$500
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$5,000.00
Pre-Money Valuation
$5,230,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/30/2019
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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