Mom Juice
Creating Products Focused on Shifting Wine Culture & Building Community
Overview
Raised: $119,402
2020
Alcohol, Tobacco, & Recreational Drugs
Non-Tech
B2C
Low
Low
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$82,496 |
$14,092 |
COGS |
$243,947 |
$-5,661 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-330,030 |
$-74,140 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$4,322 |
$49,543 |
Accounts Receivable |
$20,687 |
$0 |
Total Assets |
$107,240 |
$187,479 |
Short-Term Debt |
$470,010 |
$261,619 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$470,010 |
$261,619 |
Raise History
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Mom Juice | 11/23/2023 | Wefunder | $10,000,000 | $119,402 | SAFE | Funded | RegCF |
No prior online funding rounds.
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Synopsis
Mom Juice is a Napa, California-based wine producer offering a variety of wines, including Pinot Grigio, Red Blend, Cabernet Sauvignon, Rose, Sauvignon Blanc, and Chardonnay. Mom Juice wines are targeted primarily at moms and are distinguished by their clean ingredients. The company's products are available in more than 230 stores in Colorado and North Carolina.
Mom Juice officially trademarked its name in mid-2022. The company's wines have been featured in prominent media outlets such as Forbes, the Today Show, and Bravo's Real Housewives of Potomac.
Price
Mom Juice is raising funds on Wefunder at a valuation of $10 million. While the company has gained some traction with its presence in over 230 Colorado and North Carolina stores, the valuation appears to be inflated. With annual revenue of just $82,495.59, the revenue multiple for Mom Juice is approximately 121x. This is significantly higher than the average multiple for the wine industry, indicating that the company may be overvalued.
Overall, the current valuation of Mom Juice may not be justified based on its current revenue. Investors should carefully evaluate the potential risks and returns of investing in this early-stage company.
Market
Mom Juice operates in the highly competitive US wine market, which is expected to reach $56.65 billion by 2023, with a projected growth rate of 5.85% per year. The company offers a range of wines, including Pinot Grigio, Red Blend, Cabernet Sauvignon, Rose, Sauvignon Blanc, and Chardonnay, targeting moms with their clean ingredients.
The company's offering aligns with several market drivers and trends. The e-commerce boom has facilitated online wine sales, allowing wineries and retailers to reach a broader customer base. Mom Juice can leverage this trend to expand its online presence and tap into the growing e-commerce market.
However, it is worth noting that the wine market faces challenges such as health concerns associated with alcohol consumption and competition from alternative beverages. Consumer preferences can shift, impacting overall wine consumption. Mom Juice must navigate these challenges and adapt to changing consumer preferences and market dynamics.
Overall, while Mom Juice has made initial strides in the market, it operates in a highly competitive industry. The company's success will depend on its ability to differentiate itself, effectively market its products, and adapt to evolving consumer trends.
Team
Mom Juice is led by Kristin Taylor, the founder and CEO. Taylor's experience in the wine industry is limited to her time with Mom Juice. Though her background is primarily in marketing across other industries, her skills can be applied to growing Mom Juice. She has assembled a small team of employees, including an accomplished winemaker.
Overall, while the team at Mom Juice may lack extensive industry experience, they have demonstrated the ability to grow the company and secure its presence in over 230 stores in Colorado and North Carolina. The team's dedication and complementary skills are promising for the company's future growth.
Differentiation
Mom Juice is entering a highly competitive market with its wine offerings, targeting moms with its clean ingredients and unique branding. While the company is not exceptionally different from the competition, it has gained traction and recognition through its presence in over 230 stores in Colorado and North Carolina, as well as being featured in notable media outlets such as Forbes, the Today Show, and Bravo's Real Housewives of Potomac.
One potential differentiation for Mom Juice is its focus on showcasing diversity and inclusivity in its advertising, aiming to shift wine culture by featuring people who look like their target audience. This approach could resonate with consumers seeking representation and a sense of community within the industry.
Regarding product offerings, Mom Juice provides a range of wine varieties, including Pinot Grigio, Red Blend, Cabernet Sauvignon, Rose, Sauvignon Blanc, and Chardonnay. While these offerings are similar to other established solutions in the market, the company's emphasis on clean ingredients and targeting moms may appeal to a niche within the wine consumer base.
Despite its traction and recognition, Mom Juice will face significant competition in the wine industry, with hundreds of direct competitors. However, the company's ability to secure partnerships and distribution in multiple stores demonstrates its potential to gain market share.
Overall, Mom Juice's differentiation lies in its branding, targeting of moms, and emphasis on diversity and inclusivity. While the company operates in a highly competitive market, its unique positioning and growing presence in stores provide opportunities for growth and expansion.
Performance
Mom Juice has made decent progress since its inception in August 2020. The company has established a presence in over 230 Colorado and North Carolina stores, indicating strong market demand for its products. Mom Juice has gained recognition and exposure through features in prominent media outlets such as Forbes, the Today Show, and Bravo's Real Housewives of Potomac.
Mom Juice has partnered with local distributors such as Summit Wine, Deluxe Liquor, and 7-11, further expanding its reach and accessibility. These partnerships provide a strong initial distribution network.
Overall, Mom Juice has achieved some early traction in a competitive industry, with a growing presence in retail stores in some states and online.
Risk
Investing in Mom Juice carries risks that prospective investors should consider. Despite being featured in well-known media outlets and having a presence in over 230 stores, Mom Juice is still a relatively early-stage company. The company has a limited track record and has not yet achieved profitability. Additionally, the wine industry is highly competitive. Mom Juice must differentiate itself and effectively market its products to gain market share. There is also a risk associated with scaling production and distribution, as Mom Juice needs to expand its operations beyond the current markets of Colorado and North Carolina. Furthermore, the valuation of Mom Juice is relatively high compared to its current revenue and net income, which may indicate that the company is overvalued. Investors should carefully evaluate the growth potential and competitive landscape of Mom Juice before investing.
Bullish Outlook
The company's presence in over 230 Colorado and North Carolina stores is a testament to its growing popularity and acceptance in the market. Mom Juice has successfully leveraged media coverage and partnerships to increase brand awareness. Being featured in reputable outlets such as Forbes, the Today Show, and Bravo's Real Housewives of Potomac has provided valuable exposure and credibility. These media mentions have helped to establish Mom Juice as a trusted and desirable wine brand among its target audience.
Mom Juice has already begun generating revenue. With the continued expansion of its distribution channels and the potential to enter new markets, Mom Juice has the opportunity to increase its revenue in the future significantly. Overall, Mom Juice has shown promising growth and has the potential to continue capturing market share in the US wine industry.
Bearish Outlook
Mom Juice, with a valuation of $10 million, is entering a highly competitive market dominated by established players like Barefoot Wines. Mom Juice lacks significant and unique selling points that differentiate it from its competitors. With a focus on targeting moms with clean ingredients, Mom Juice may find it challenging to stand out in a crowded market where similar offerings are already available.
Furthermore, the company reported a net loss of $330,029.90 in its most recent fiscal year, indicating financial instability and potentially unsustainable business practices. With a monthly burn rate of $27,502.49, Mom Juice's ability to generate sustainable profits remains uncertain.
Lastly, the company's overvaluation concerns potential investors. With a revenue multiple of 121.22x, Mom Juice's valuation is inflated. This could result in a significant correction in the company's valuation if it fails to deliver substantial growth and profitability.
Executive Summary
Mom Juice is a wine company that targets moms with its clean ingredients and various wines made in Napa, California. The company's products are now available in more than 230 Colorado and North Carolina stores. Their wines have been featured in notable media outlets, including Forbes, the Today Show, and Bravo's Real Housewives of Potomac, indicating a positive market reception and substantial visibility.
However, despite its promising start, Mom Juice is still in its early stages and has yet to turn a profit. The company's revenue for the most recent fiscal year was $82,495.59, and it reported a net income loss of $330,029.90. It's worth noting that the wine industry is extremely competitive, and Mom Juice will need to differentiate itself to gain a significant market share. Additionally, the company's valuation of $10 million is inflated, given its current financial performance and stage of development.
Overall, while Mom Juice has shown some early signs of success, prospective investors should be aware of the risks associated with investing in a pre-profit company in a highly competitive industry.
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