PAHHNI Water

PAHHNI Water

Early Stage

VOTED BEST TASTING WATER IN THE WORLD

VOTED BEST TASTING WATER IN THE WORLD

Overview

Raised to Date: Raised: $14,100

Total Commitments ($USD)

Platform

WunderFund

Start Date

11/07/2023

Close Date

06/30/2024

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%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/06/2024

Days Remaining

54

% of Min. Goal

28%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$78

# of Investors

7

Momentum
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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

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: 11/07/2023
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PAHHNI Water on WunderFund 2023
Platform: WunderFund
Security Type: Convertible Note
Valuation: $20,000,000

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