The Wine RayZyn Company

Early Stage

Award Winning, Heart Healthy Snack.

Analytics

Raised to Date: Raised: $116,800

Aggregate Commitments $

Platform

Wefunder

Start Date

12/20/2021

Close Date

04/30/2022

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

101

% of Min. Goal

1,168%

% of Max. Goal

11%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,893

Momentum
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Location

Atlanta, Georgia

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

The Wine RayZyn Company, with a $20 million valuation, is raising funds on Wefunder. The company has invented a new category of antioxidant-rich dried fruit made from wine grapes. These new superfood fruits are called Wine RayZyns. The Wine RayZyn Company hand harvests premium California Cabernet, Chardonnay, and Merlot wine grapes. Instead of using the wine grapes to make wine, the grape clusters are put through a patent-pending drying process to create Wine RayZyns. The company was founded by Christopher Cates, a cardiologist and Andrew Cates. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000 and the proceeds will be used to accelerate sales with the hiring of two positions, web-based sales and marketing campaign, funding of inventory buildout, research and development and to protect Intellectual Properties (IP).

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$368,278

$225,717

COGS

$151,046

$98,290

Tax

$0

$0

 

 

Net Income

$25,311

$-578,752

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$275,127

$111,692

Accounts Receivable

$100,472

$44,253

Total Assets

$1,631,248

$1,376,907

Short-Term Debt

$26,787

$47,757

Long-Term Debt

$750,000

$500,000

Total Liabilities

$776,787

$547,757

Financials as of: 12/20/2021
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The Wine RayZyn Company on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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