Potion Adaptogenic Brews
Early Stage
FOOD & BEVERAGE
Overview
Raised: $0
Total Commitments ($USD)
Platform
StartEngine
Start Date
06/10/2022
Close Date
07/23/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$200
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$5,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/23/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Potion Adaptogenic Brews, with a valuation of $5 million, is raising funds on StartEngine. The company makes superfood beverages using mushrooms and other 100% organic ingredients. The beverages come in a blend of fruit and botanical flavors and are served in eco-friendly glass bottles. Potion Adaptogenic Brews beverages come in iconic refreshing flavors and contain a high amount of adaptogens. Nick Williams, Becca Hensley, and Carl Williams founded Potion Adaptogenic Brews in March 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$5,109 |
$0 |
|
COGS |
$2,239 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-13,872 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$7,742 |
$0 |
|
Accounts Receivable |
$5,069 |
$0 |
|
Total Assets |
$61,551 |
$0 |
|
Short-Term Debt |
$75,338 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$75,338 |
$0 |
Financials as of: 06/10/2022
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