Yerbae

Growth Stage

PLANT-BASED Enhanced Sparkling Water

Analytics

Raised to Date: Raised: $51,410

Aggregate Commitments $

Platform

StartEngine

Start Date

06/15/2022

Close Date

09/13/2022

Min. Goal

$10,000

Max. Goal

$5,000,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegCF

Series

Series B

Price Per Share

$1.37

Pre-Money Valuation

$44,586,114

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

80

% of Min. Goal

514%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,141

Momentum
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Location

Scottsdale, Arizona

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Yerbae, with a valuation of $44.6 million, is raising funds on StartEngine. The company makes plant-based, zero-calorie, enhanced sparkling water. The naturally-caffeinated beverage of Yerbae comes bursting with flavor and functionality and helps in digestion, boosting metabolism, cardiovascular health, and increased physical endurance. Yerbae has sold over 19 million cans across the country since its launch and has grown 624% in net sales since its launch. Todd Gibson and Karrie Gibson founded Yerbae in August 2020. The current crowdfunding campaign has a minimum target of $9,999.63 and a maximum target of $4,999,999.95. The campaign proceeds will be used for revenue growth and continuous business improvements.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,045,089

$4,780,045

COGS

$2,423,723

$1,805,106

Tax

$0

$0

 

 

Net Income

$-3,801,661

$-1,545,650

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$347,806

$239,267

Accounts Receivable

$308,417

$385,198

Total Assets

$1,446,337

$1,043,230

Short-Term Debt

$1,547,962

$1,357,073

Long-Term Debt

$315,030

$350,000

Total Liabilities

$1,862,992

$1,707,073

Financials as of: 06/15/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Yerbae 09/13/2022 StartEngine $44,586,114 $51,410 Equity - Common Active RegCF
Yerbae 03/25/2021 StartEngine $34,000,000 $1,069,280 Equity - Common Funded RegCF
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Yerbae on StartEngine 2022
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $44,586,114
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