MEXI Craft Tequila Seltzer
Early Stage
Craft Tequila Seltzer
Overview
Raised: $397,924
Total Commitments ($USD)
Platform
StartEngine
Start Date
07/15/2021
Close Date
03/14/2022
Min. Goal
$9,993
Max. Goal
$1,069,985
Min. Investment
$474
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$10.53
Pre-Money Valuation
$10,007,512
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,651
# of Investors
135
Momentum
Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
MEXI Craft Tequila Seltzer, with a valuation of $10 million, is raising funds on StartEngine. The company makes a delightful and refreshing seltzer drink using clean and real craft NOM distillery tequila. The portable mixed drink of MEXI Craft Tequila Seltzer gives people access to superb tequila, natural flavors, and exotic Mexico-inspired flavors. MEXI Craft Tequila Seltzer pre-sold its entire pilot production in California to prepare for a summer 2021 launch. Alice Chen and Brent Laucher founded MEXI Craft Tequila Seltzer in April 2020. The current crowdfunding campaign has a minimum target of $9,992.97 and a maximum target of $1,069,984.89. The campaign proceeds will be used for geographic expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$10,544 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-174,195 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$30,368 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$55,874 |
$0 |
|
Short-Term Debt |
$104,350 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$104,350 |
$0 |
Financials as of: 07/15/2021
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