PAHHNI Water

PAHHNI Water

[Closed for Investment] PAHHNI Water, with a valuation of $20 million, is raising funds on WunderFund. The company bottles premium alkaline natural water using its own equipment. PAHHNI Water takes alkaline water from a natural aquifer source of naturally alkaline water and distributes it through a proprietary network of c-stores throughout the Midwest and South. The business has 250 client accounts, with an ARR of $150,000, and has won two gold medals at the Berkeley Springs International Water Tasting Competition. Satinder Bharaj and Erik Loomis founded PAHHNI Water in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for working capital, sales, inventory, manufacturing equipment, and marketing.

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Investment Overview

Raised this Round: Raised: $24,100

Deal Terms

Total Commitments ($USD)

Platform
WunderFund
Start Date
11/08/2023
Close Date
06/26/2024
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$12,500

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Location
Hamilton, Ohio
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Erik Loomis
Title
CEO
Founder Name
Satinder Bharaj
Title
COO

Financials

as of Fiscal Year 2022
 Revenue
$30,865
 Monthly Burn
$17,650
 Runway
1 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$30,865

$0

COGS

$63,619

$0

Tax

$0

$0

 

 

Net Income

$-211,798

$-203

Summary Balance Sheet

FY 2022 FY 2021

Cash

$17,156

$10,591

Accounts Receivable

$0

$0

Total Assets

$619,892

$277,531

Short-Term Debt

$0

$0

Long-Term Debt

$577,824

$23,665

Total Liabilities

$577,824

$23,665

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/26/2024 WunderFund $20,000,000 $24,100 Convertible Note Not Funded RegCF
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Add to portfolio
PAHHNI Water on WunderFund 2023
Platform: WunderFund
Security Type: Convertible Note
Valuation: $20,000,000

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Follow PAHHNI Water on WunderFund 2023

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Warning: according to the close date for this deal, PAHHNI Water may no longer be accepting investments.

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