Mate Maker
Mate Maker, with a valuation of $15 million, is raising funds on StartEngine. The company brews sustainable, transparent, and better alcoholic products in the RTD alcohol space. Mate Maker uses only real ingredients, including real juice and organic green tea, to make its shelf-stable, gluten-free, and vegan hard kombucha. The business has a loyal customer base and sells through major retailers like Whole Foods, BevMo!, Total Wine & More, and Gelson’s. Justin Medcraft founded Mate Maker in December 2020. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1 million. The campaign proceeds will be used for research and development, company employment, inventory, marketing, and working capital.
Investment Overview
Raised: $20,752
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/21/2024
- Close Date
- 02/18/2025
$15,000
$1,000,000
$250
Convertible Note
RegCF
$15,000,000
10%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Location
- San Diego, California
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
-
Revenue
- $293,711
- Monthly Burn
- $18,383
-
Runway
- 0 months
- Gross Margin
- 149%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/18/2025 | StartEngine | $15,000,000 | $20,752 | Convertible Note | Active | RegCF |