KUL MOCKS
Early Stage
Boozeless, NOT BORING! Original hand-crafted cocktails, without the alcohol
Overview
Raised: $52,458
Total Commitments ($USD)
Platform
Republic
Start Date
02/01/2022
Close Date
04/22/2022
Min. Goal
$25,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$664
# of Investors
132
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
KUL MOCKS, with a valuation of $5 million, is raising funds on Republic. The company makes original handcrafted cocktails without any alcohol. The business has worked with the best flavorists and food scientists to create alcohol-free cocktails that do not compromise taste. The products of KUL MOCKS are healthy, convenient, great-tasting, and alcohol-free. Danielle Goss and Nate Goss founded KUL MOCKS in October 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used to increase margins, launch new SKUs, and expand.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$131,458 |
$0 |
|
COGS |
$78,946 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-46,681 |
$-35,303 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,752 |
$0 |
|
Accounts Receivable |
$15,493 |
$0 |
|
Total Assets |
$158,682 |
$0 |
|
Short-Term Debt |
$27,703 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$27,703 |
$0 |
Financials as of: 02/01/2022
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