Yacht Water

Yacht Water

Early Stage

Stay Hungry, Not Thirsty

Stay Hungry, Not Thirsty

Overview

Raised to Date: Raised: $171,039

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/10/2024

Close Date

08/11/2024

Min. Goal
$100,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$14,400,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/01/2024

Days Remaining

101

% of Min. Goal

171%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$8,145

# of Investors

379

Momentum
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Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Growth

Yacht Water, with a valuation of $14.4 million, is raising funds on Wefunder. The company is launching its sparkling water brand as a go-to escape beverage and alcohol/soda alternative. Yacht Water is about hydration, fun, and relaxation and is ready to launch in stores and DTC by the summer of 2024. The business is also socially responsible and plans to share its profits with the Jackson, MS water crisis, and other impactful initiatives. Arlan Hamilton founded Yacht Water in March 2024. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5 million. The campaign proceeds will be used for manufacturing and distribution, marketing and sales, consultants and teams, and perk distribution.

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2024 FY 2023

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$86,609

$0

Long-Term Debt

$0

$0

Total Liabilities

$86,609

$0

Financials as of: 04/10/2024
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Yacht Water on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $14,400,000

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