PureWild Co

PureWild Co

Closed: Nov. 2022

About this raise

PureWild Co, with a valuation of $15 million, is raising funds on StartEngine. The company makes clean, certified, and non-GMO marine collagen products. The collagen-infused drinks of PureWild Co, including its wines, are designed to support women with breast cancer, osteoporosis, and autoimmune diseases. The collagen drinks contain organic juices and adaptogens and 3,000 mg of wild marine collagen, are sweetened with raw organic honey, and support skin and joints. Cynthia Convery and Derek Opperman founded PureWild Co in January 2021. The current crowdfunding campaign has a minimum target of $10,000.50 and a maximum target of $1,069,999.50. The campaign proceeds will be used for developing more products, sales growth, and partnerships.

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Investment Overview

Invested this round: $62,272

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
07/12/2022
Close Date
11/09/2022
Min. Goal
$10,001
Max Goal
$1,070,000
Min. Investment

$159

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$15,000,000

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Ojai, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Cynthia Convery
Title
CEO, President, Secretary, Treasurer, CFO
Founder Name
Derek Opperman
Title
Digital Marketing Manager

Financials

 Revenue +371% YoY
$78,362
 Monthly Burn
$32,038
 Runway
5 months
 Gross Margin
33%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$78,362

$16,620

COGS

$52,391

$11,434

Tax

$0

$0

 

 

Net Income

$-384,455

$-226,906

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$159,536

$5,930

Accounts Receivable

$21,290

$2,213

Total Assets

$342,373

$41,011

Short-Term Debt

$127,734

$20,541

Long-Term Debt

$954,306

$267,917

Total Liabilities

$1,082,040

$288,458

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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
11/09/2022 StartEngine $15,000,000 $62,272 Equity - Common Funded RegCF
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Add to portfolio
PureWild Co on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,000,000
Price per Share: $1.50

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Follow PureWild Co on StartEngine 2022

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

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