Osena Spiked Coconut Water

Early Stage

Spiked coconut water brand advancing the better-for-you alcohol movement

Overview

Raised to Date: Raised: $12,950

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2023

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,000,000

Discount

17%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

34

% of Min. Goal

26%

% of Max. Goal

1%

Likelihood of Max
unlikely
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

Location

Hockessin, Delaware

Business Type

Growth

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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Osena Spiked Coconut Water on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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