Wave Soda Company
About this raise
Wave Soda Company, with a valuation of $18 million, is raising funds on StartEngine. The company makes happy and refreshing drinks with soda water, natural caffeine, and other natural ingredients. The unique formulation of Wave Sodas makes them a healthy alternative to traditional sodas with only 15-40 calories per can. Wave Soda Company launched its Cola soda in 2021 and is excited for the launch of the full line in 2022. Nat Noone and Bill Reed founded Wave Soda Company in August 2016. The current crowdfunding campaign has a minimum target of $9,997.20 and a maximum target of $999,997.20. The campaign proceeds will be used to launch new products and grow.
Investment Overview
Invested $76,162 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +101% YoY
- $1,170,195
- Monthly Burn
- $168,315
-
Runway
- 3.3 months
- Gross Margin
- 41%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $7,025,745
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/29/2022 | StartEngine | $18,000,000 | $76,162 | Equity - Preferred | Funded | RegCF |