NXT Water

Early Stage

Innovators in Science-Backed Ultra Functional Beverages: CBD & Plant Powered Hydration

Analytics

Raised to Date: Raised: $73,000

Aggregate Commitments $

Platform

Wefunder

Start Date

12/14/2021

Close Date

04/30/2022

Min. Goal

$75,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

01/24/2022

Days Remaining

96

% of Min. Goal

97%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,780

Momentum
cold.svg
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Las Vegas, Nevada

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

NXT Water, Makers of Akeso, with a valuation of $10,000,00, is raising funds on Wefunder. The company are innovators in science-backed ultra-functional beverages: CBD & plant powered hydration. NXT Water developed an Immunity and Endurance product (no CBD) with more potency of Zinc & Vitamin D than any other beverage on the market. And, they have created the first beverage to provide 100% transparency via blockchain platform. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1,000,000. The campaign proceeds will be used for sales and marketing, point of sale materials and sampling, product/working capital and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$21,099

$26,189

COGS

$8,171

$58,722

Tax

$0

$0

 

 

Net Income

$-637,224

$-317,501

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,724

$921

Accounts Receivable

$13,942

$1,906

Total Assets

$98,213

$2,827

Short-Term Debt

$357,129

$357,129

Long-Term Debt

$877,900

$297,900

Total Liabilities

$1,235,029

$655,029

Financials as of: 12/14/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
NXT Water on Wefunder 2021
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

Follow company

Follow NXT Water on Wefunder 2021