Potion Adaptogenic Brews
About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/10/2022
- Close Date
- 07/23/2022
$10,000
$1,070,000
$200
Equity - Common
Seed
RegCF
$1.00
$5,000,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $5,105
- Monthly Burn
- $1,156
- Cash on Hand
- $7,742
- Gross Margin
- 56%
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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 |
|---|---|---|---|---|---|---|
| 07/23/2022 | StartEngine | $5,000,000 | $0 | Equity - Common | Not Funded | RegCF |