Smart Soda

About this raise

Smart Soda, with a pre-money valuation of $10.7 million, is raising funds on StartEngine. The company offers vitamin-infused and flavored sparkling alkaline waters and sodas. The products of Smart Soda are made with organic cane sugar and are vegan, natural, kosher, rich in antioxidants, and gluten-free. Smart Soda is also pioneering into CBD-infused sodas. The company was founded by Julia Solooki and Lior Shafir and acquired Organic Soda Pops in the third quarter of 2019. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used to hire more salespeople, elevate the brand awareness, and enter into the ready-to-drink market. The Smart Soda machines are already installed in many places, including Holiday Inn, Allianz, and Bareburger.

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Investment Overview

Invested this round: $304,092

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/01/2019
Close Date
04/06/2020
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$10,715,000

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Beachwood, Ohio
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Founder Name
Lior Shafir
Title
CEO and Chairman
Founder Name
Julia Solooki
Title
President

Financials

 Revenue
$276,616
 Monthly Burn
Profitable
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/20/2025 Republic $81,000,000 $503,965 Equity - Common Active RegCF / RegD 506(c)
12/01/2020 Republic $10,700,000 $230,000 Equity - Common Funded RegCF
04/06/2020 StartEngine $10,715,000 $304,092 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Smart Soda on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,715,000
Price per Share: $0.50

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

Smart Soda Deal Report

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