PAHHNI Water

Early Stage
VOTED BEST TASTING WATER IN THE WORLD
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
120
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
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.
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 |
Financials as of: 11/08/2023
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