Lion Dandelion Tea

Lion Dandelion Tea

Closed: Apr. 2022

About this raise: 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%.

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Investment Overview

Not Funded: $55,433

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
03/29/2021
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    Open SEC Filing

Early Bird Val. Cap

$3,000,000

Valuation Cap

$4,000,000

Discount

10%

Company & Team

Company

Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
Brooklyn, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Ray DeRosa
Title
CEO

Financials

 Revenue +48% YoY
$259,714
 Monthly Burn
$70,029
 Runway
4.5 months
Gross Margin
2%

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/12/2022 Wefunder $4,000,000 $55,433 SAFE Not Funded RegCF
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Lion Dandelion Tea on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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