Pureboost

Growth Stage

Bestselling clean energy drink mix

Analytics

Raised to Date: Raised: $2,109,879

Aggregate Commitments $

Platform

Wefunder

Start Date

08/10/2022

Close Date

04/30/2023

Min. Goal

$50,010

Max. Goal

$4,049,999

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Price Per Share

$3.40

Pre-Money Valuation

$40,000,000

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

210

% of Min. Goal

4,219%

% of Max. Goal

52%

Likelihood of Max
extremely
Avg. Daily Raise

$39,809

# of Investors

203

Momentum
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Location

Cardiff, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Pureboost, with a valuation of $40 million, is raising funds on Wefunder. The company makes and sells a clean energy drink mix. The mix of Pureboost does not have any artificial sweeteners, GMOs, sugar, and junk side effects and is packed with vitamins and electrolytes using a unique formula. Additionally, Pureboost contains B12, natural green tea caffeine, herbs, minerals, and a hydration maximizer electrolyte blend. Brian Enge, Sean Ross, Ray Faltinsky, and Danny DeMichele founded Pureboost in June 2018. The current crowdfunding campaign has a minimum target of $50,010 and a maximum target of $4,049,999. The campaign proceeds will be used for inventory purchasing, marketing, and repayment of current loans.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$7,328,276

$3,698,084

COGS

$1,552,159

$826,769

Tax

$-7,050

$-6,907

 

 

Net Income

$-2,115,457

$-659,612

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,529,807

$481,900

Accounts Receivable

$143,711

$95,221

Total Assets

$2,712,414

$1,214,276

Short-Term Debt

$1,719,358

$790,683

Long-Term Debt

$932,923

$573,003

Total Liabilities

$2,652,281

$1,363,686

Financials as of: 08/10/2022
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Pureboost on Wefunder 2022
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Platform: Wefunder
Security Type: Equity - Common
Valuation: $40,000,000

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