About this raise
Osena Spiked Coconut Water, with a valuation of $6 million, is raising funds on Wefunder. The company makes and sells deliciously refreshing spiked coconut water as an evolution in better-for-you alcohol. Osena Spiked Coconut Water has multiple wholesalers and has established chain distribution in Wegmans, Total Wine, Shoprite, ACME, and Wine Outlet. The business generated $250,000 in revenue in 2021 and sold 1,600 units across 650 stores in a four-month summer pilot in 2021. Vicente Surraco and Chris Allen founded Osena Spiked Coconut Water in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for R&D for a variety pack development, marketing, and sales.
Investment Overview
Not Funded: $3,950
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/09/2023
- Close Date
- 04/30/2023
$50,000
$1,235,000
$100
SAFE
Pre-Seed
RegCF
$5,000,000
$6,000,000
17%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $273,443
- Monthly Burn
- $27,115
-
Runway
- 1.3 months
- Gross Margin
- 16%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $300,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $6,000,000 | $3,950 | SAFE | Not Funded | RegCF |
| 11/23/2022 | SeedInvest | $6,000,000 | $114,200 | SAFE | Not Funded | RegCF / RegD 506(c) |