Osena Spiked Coconut Water
Spiked coconut water brand advancing the better-for-you alcohol movement
Overview
Raised: $12,950
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
26%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$282
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$273,443 |
$999 |
COGS |
$230,221 |
$3,217 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-325,385 |
$-70,284 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$34,900 |
$138,214 |
Accounts Receivable |
$8,969 |
$0 |
Total Assets |
$154,999 |
$238,503 |
Short-Term Debt |
$119,909 |
$5,777 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$119,909 |
$5,777 |
Financials as of: 02/09/2023
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Osena Spiked Coconut Water | 04/30/2023 | Wefunder | $6,000,000 | $12,950 | SAFE | Active | RegCF |
Osena Spiked Coconut Water | 11/23/2022 | SeedInvest | $6,000,000 | $114,200 | SAFE | Not Funded | RegCF / RegD 506(c) |
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