Yacht Water
Early Stage
Stay Hungry, Not Thirsty
Overview
Raised: $171,039
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/01/2024
Days Remaining
101
% of Min. Goal
171%
% of Max. Goal
3%
Likelihood of Max
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
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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