Mate! Beverage

Mate! Beverage

Open  for investment

About this raise: Mate! Beverage, with a valuation of $5 million, is raising funds on StartEngine. The company makes the world’s first vodka protein water that contains 8 grams of pea protein. Mate! Beverage’s vodka protein water is uncarbonated, vegan, gluten-free, dairy-free, and contains 4.5% alcohol. The products currently sell in upscale fitness centers, like Lifetime Fitness and Crunch Fitness, and retail chains and have federal licensing and partnerships for potential growth. Christopher Wolstenholme founded Mate! Beverage in December 2024. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, company employment, marketing, working capital, and inventory.

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Investment Overview

Committed this round: $67,977

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/11/2024
Close Date
03/10/2025
Min. Goal
$124,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$5,000,000

Company & Team

Company

Year Founded
2024
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Kennesaw, Georgia
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Christopher Wolstenholme
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$8,064
 Monthly Burn
$5,890
 Runway
0 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$8,064

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-70,683

$-63,198

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$8,064

$0

Total Assets

$39,129

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/10/2025 StartEngine $5,000,000 $67,977 Equity - Common Active RegCF
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Add to portfolio
Mate! Beverage on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $2.50

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Follow Mate! Beverage on StartEngine 2024

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