Pureboost

Growth Stage

Bestselling clean energy drink mix

Overview

Raised to Date: Raised: $2,542,610

Total Commitments ($USD)

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

Series

Series A

Funding Type

RegCF

Price Per Share

$3.40

Pre-Money Valuation

$40,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/04/2023

Days Remaining

85

% of Min. Goal

5,084%

% of Max. Goal

63%

Likelihood of Max
possible
Avg. Daily Raise

$14,284

# of Investors

477

Momentum
cool.svg
Create a free account today to gain access to KingsCrowd analytics.
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
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Pureboost is bringing something fresh to the energy beverage market with its sugar-free and crash-free energy drinks. Its savvy branding is speaking to an underserved population — and its incredible traction proves it has the ability to go the distance.

Upgrade to view full report

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Pureboost on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Common
Valuation: $40,000,000

Follow company

Follow Pureboost on Wefunder 2022
View on Wefunder