Pureboost

Pureboost

Growth Stage

Bestselling clean energy drink mix

Bestselling clean energy drink mix

Overview

Raised this Round: Raised: $2,871,831

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/09/2022

Close Date

04/27/2023

Min. Goal
$50,010
Max. Goal
$4,049,999
Min. Investment

$250

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.40

Early Bird Valuation

$32,000,000

Pre-Money Valuation

$40,000,000

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Cardiff, California

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: 08/09/2022
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Ratings KingsCrowd Startup Rating Methodology Article

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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.

Company Updates

Pureboost sells a powdered energy drink that has shown remarkable traction among a surprising demographic: women. Traditionally, the energy drink market is hyper-masculine in terms of both marketing messaging and clientele. Pureboost has found a way to create meaningful differentiation in the consumer packaged goods space — a very rare feat.

We wrote our Top Deal report on Pureboost in October 2022. We recently caught up with the Pureboost team to get an update on the state of the company.

View Company Update

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Add to portfolio
Pureboost on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Common
Valuation: $40,000,000
Price per Share: $3.40

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Follow Pureboost on Wefunder 2022

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Warning: according to the close date for this deal, Pureboost may no longer be accepting investments.

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