Ounce Water

Early Stage

Making healthy habits easier

Analytics

Raised to Date: Raised: $12,829

Aggregate Commitments $

Platform

StartEngine

Start Date

08/31/2021

Close Date

03/02/2022

Min. Goal

$9,995

Max. Goal

$1,069,993

Min. Investment

$270

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$10,997,929

Rolling Commitments $

Status

Active

Reporting Date

01/24/2022

Days Remaining

37

% of Min. Goal

128%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$88

Momentum
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Location

Mount Kisco, New York

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Ounce Water, with a valuation of $11 million, is raising funds on StartEngine. The company makes healthy hydration easy with its innovative design and branding. The users do not need to put math into hydration; instead, just grab a bottle of Ounce Water and let the bottle tell how close they are to the daily hydration need. Ounce Water has grown its distribution channels from two to eleven in the past year and has retail partnerships with Stop & Shop, Lowes Foods, and Nugget Markets. Theo Rossi and Meghan Rossi founded Ounce Water in August 2020. The current crowdfunding campaign has a minimum target of $9,995.18 and a maximum target of $1,069,993.37. The campaign proceeds will be used for road mapping new and versatile products and entering new markets.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$121,994

$214,897

COGS

$49,089

$132,396

Tax

$0

$0

 

 

Net Income

$-389,113

$-327,791

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$77,694

$186

Accounts Receivable

$24,098

$13,929

Total Assets

$192,029

$67,990

Short-Term Debt

$372,620

$411,369

Long-Term Debt

$26,902

$0

Total Liabilities

$399,522

$411,369

Financials as of: 08/31/2021
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Ounce Water on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,997,929

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