Kombucha Town

Kombucha Town

Early Stage

Living beverages for a better world

Living beverages for a better world

Overview

Raised to Date: Raised: $62,500

Total Commitments ($USD)

Platform

Republic

Start Date

06/29/2022

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%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/04/2023

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

$257

# of Investors

91

Momentum
Funded
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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

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.

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

Financials as of: 06/29/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Kombucha Town 02/27/2023 Republic $5,500,000 $62,500 SAFE Funded RegCF
Kombucha Town 01/10/2021 StartEngine $20,000,000 $113,142 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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

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