Spiked

Early Stage

Alcohol-infused frozen desserts for an untapped market — innovation made perfect

Overview

Raised to Date: Raised: $65,877

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/26/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

Funding Type

RegCF

Price Per Share

$0.90

Pre-Money Valuation

$12,583,238

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

87

% of Min. Goal

132%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$665

# of Investors

32

Momentum
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Location

Whittier, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Spiked, with a valuation of $12.58 million, is raising funds on Wefunder. The company makes premium quality handcrafted boozy sorbet. The alcohol-infused frozen desserts of Spiked bring a boozy edge to the authentic Italian sorbet. The company has exclusive global licensing rights on nano-lipid particle encapsulation technology, with five active patents to keep the competition at bay. Arshia Noori founded Spiked in February 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for operations, inventory buildup, marketing and advertising, sales channel development, R&D, and general and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$12,787

$8,042

COGS

$41,578

$5,448

Tax

$0

$0

 

 

Net Income

$-715,595

$-378,404

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$122,458

$39,131

Accounts Receivable

$3,990

$0

Total Assets

$159,610

$58,600

Short-Term Debt

$53,913

$21,447

Long-Term Debt

$251,640

$392,059

Total Liabilities

$305,553

$413,506

Financials as of: 10/26/2022
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Spiked on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $12,583,238

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