About this raise
Kombucha Town, with a valuation cap of $20 million, is raising funds on StartEngine. The company brews energising drinks, including live seltzer and kombucha drinks. The drinks are packaged in cans to make them on-the-go and easy on the Earth. Chris McCoy founded Kombucha Town in 2011. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used to make the products available to a larger audience through online and quality retailers. Kombucha Town drinks are healthy and delicious, and the products are available in 1,600 stores in 24 states. The company generated $1.4 million in sales for the period ended in August 2020.
Investment Overview
Invested $113,142 :
Deal Terms
Company & Team
Company
- Year Founded
- 2011
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue -15.4% YoY
- $1,221,069
- Monthly Burn
- $718
-
Runway
- 24+ months
- Gross Margin
- 59%
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