Waku
Deliciously replenishing herbal tea maximized for gut-health.
Overview
Raised: $89,701
Total Commitments ($USD)
Republic
08/23/2021
04/30/2022
$25,000
$1,070,000
$100
SAFE
Pre-Seed
RegCF
$6,000,000
20%
Rolling Commitments ($USD)
05/01/2022
359%
8%
$359
146
2017
Food, Beverage, & Restaurants
Non-Tech
B2C
Low
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$143,751 |
$113,419 |
|
COGS |
$120,971 |
$87,718 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-469,530 |
$-356,280 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,405 |
$40,557 |
|
Accounts Receivable |
$3,860 |
$5,459 |
|
Total Assets |
$241,332 |
$199,840 |
|
Short-Term Debt |
$62,482 |
$58,856 |
|
Long-Term Debt |
$975,114 |
$522,719 |
|
Total Liabilities |
$1,037,596 |
$581,575 |
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Founder Profile
Waku Founder Juan Giraldo on Bringing Ecuadorian Flavors to the World
Digestive issues are a common problem. Symptoms can be painful and interfere with daily activities, especially when they occur frequently. Fortunately, science has revealed simple ways to alleviate and even potentially improve digestive health.Waku is a natural herbal tea brand designed to refresh the palate and revitalize the digestive system. Using Ecuadorian recipes and ethically sourced Ecuadorian ingredients, these beverages are low in both calories and sugar. We reached out to co-founder and CEO Juan Giraldo to hear the story behind the company and the challenges he has faced as a founder.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.