Lion Dandelion Tea
Early Stage
The new superstar of functional beverages-LION Dandelion Tea. Special powers from regular flowers
Overview
Raised: $55,433
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/28/2021
Close Date
04/12/2022
Min. Goal
$60,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$3,000,000
Valuation Cap
$4,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/11/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$146
Momentum
Not Funded
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Lion Dandelion Tea, with a $4 million valuation cap, is raising crowdfunding on Wefunder. The company makes tasty and functional tea with the goodness of dandelion flowers. The flowers make the drink high in antioxidants, and support good gut health and overall health. Raymond DeRosa founded Lion Dandelion Tea in 2016. The current crowdfunding round has a minimum target of $60,000 and a maximum target of $250,000, and the funds will be used towards production, social media marketing, and salaries. Lion Dandelion Tea reported a 770% growth in 2020 and acquired over 15,000 customers. The business also increased its gross margin to 60% and dropped the acquisition cost by 40%.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$259,714 |
$175,335 |
|
COGS |
$254,524 |
$190,709 |
|
Tax |
$195 |
$0 |
| ||
| ||
|
Net Income |
$-840,353 |
$-436,386 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$318,085 |
$18,583 |
|
Accounts Receivable |
$19,396 |
$31,413 |
|
Total Assets |
$737,939 |
$138,325 |
|
Short-Term Debt |
$259,966 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$259,966 |
$0 |
Financials as of: 03/28/2021
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