Wahi Nutrition

Wahi Nutrition

Closed: Dec. 2021

About this raise

Wahi Nutrition, with a valuation of $12.5 million, is raising funds on SeedInvest. The company makes and sells a plant-based functional beverage known as wahiwater. Wahiwater is infused with pharmaceutical-grade plant extracts and allows users to drink intentionally. Wahi Nutrition sells its product through multiple grocery retailers, including HyVee, Lunds & Byerly’s, and Kowalski’s. Geoff Murphy founded Wahi Nutrition in May 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $3,500,000. The campaign proceeds will be used for inventory, R&D, general and administrative expenses, and sales and marketing.

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Investment Overview

Invested this round:
$227,599 - RegCF
$580,011 - Total

Deal Terms

Total Commitments

Platform
SeedInvest
Start Date
09/17/2021
Close Date
12/17/2021
Min. Goal
$25,000
Max Goal
$3,500,000
Min. Investment

$999

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.37

Pre-Money Valuation

$12,500,000

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Eden Prairie, Minnesota
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
Yes
Founder Name
Peter Blankenship
Title
President
Founder Name
Geoff Murphy
Title
CEO
Founder Name
Sam Blankenship
Title
CPO

Financials

 Revenue
$34,877
 Monthly Burn
$44,913
 Runway
2.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$34,877

$0

COGS

$71,310

$0

Tax

$0

$0

 

 

Net Income

$-538,956

$-475,320

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$117,708

$95,535

Accounts Receivable

$9,498

$50,000

Total Assets

$227,379

$157,517

Short-Term Debt

$188,969

$139,272

Long-Term Debt

$0

$35,000

Total Liabilities

$188,969

$174,272

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/17/2021 SeedInvest $12,500,000 $580,011 Equity - Preferred Funded RegCF / RegD 506(c)
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Add to portfolio
Wahi Nutrition on SeedInvest 2021
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $12,500,000
Price per Share: $1.37

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

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