Kombucha Town

Kombucha Town

About this raise

Kombucha Town, with a valuation of $5.5 million, is raising funds on Republic. The company brews energizing drinks, including live seltzer and kombucha drinks. The drinks are packaged in cans to make them on the go and easy on the Earth. Kombucha Town drinks are healthy and delicious, and the products are available in over 1,200 stores across 20 states. The company reported $555,000 in sales in 2021. Chris McCoy founded Kombucha Town in 2011. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used to scale the company’s growth through retail partnerships and distribution.

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Investment Overview

Invested this round: $62,500

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
06/30/2022
Close Date
02/28/2023
Min. Goal
$25,000
Max Goal
$535,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,500,000

Discount

20%

Company & Team

Company

Year Founded
2011
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Bellingham, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Chris McCoy
Title
CEO

Financials

 Revenue -29.3% YoY
$556,429
 Monthly Burn
$18,858
 Runway
1.7 months
Gross Margin
49%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$556,429

$786,624

COGS

$284,589

$407,620

Tax

$0

$8,777

 

 

Net Income

$-226,296

$-481,650

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$31,743

$30,057

Accounts Receivable

$188,863

$133,098

Total Assets

$462,737

$331,142

Short-Term Debt

$721,866

$327,526

Long-Term Debt

$1,314,882

$1,351,332

Total Liabilities

$2,036,748

$1,678,858

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$547,571
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/28/2023 Republic $5,500,000 $62,500 SAFE Funded RegCF
01/11/2021 StartEngine $20,000,000 $113,142 Convertible Note Funded RegCF
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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.

Employee History

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Add to portfolio
Kombucha Town on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $5,500,000

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Follow Kombucha Town on Republic 2022

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Warning: according to the close date for this deal, Kombucha Town may no longer be accepting investments.

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