Young Mountain Tea

Young Mountain Tea

Young Mountain Tea, with a valuation of $4.5 million, is raising funds on Wefunder. The company is bridging the gap between tea farmers and tea drinks by sharing ownership of the tea trade with farmers. Young Mountain Tea works with the farmers to help them raise the quality of their tea and creates a transparent supply chain that brings new and sustainable tea to the American market. The business has been featured in Forbes and Food Industry Executive and has secured sales contracts with Fortune 500 companies and a national distributor. Adhiraj Murthy Vable founded Young Mountain Tea in January 2022. The current crowdfunding campaign has a minimum target of $50,002.21 and a maximum target of $374,998.96. The campaign proceeds will be used for inventory, sales and marketing, hiring, and trade show and events budget.

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Investment Overview

Raised this Round: Raised: $204,950

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
11/22/2024
Close Date
03/12/2025
Min. Goal
$50,002
Max. Goal
$374,999
Min. Investment

$100

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.71

Pre-Money Valuation

$4,500,000

Company & Team

Company

Year Founded
2022
Industry
Farming & Agriculture
Tech Sector
Non-Tech
Location
Springfield, Oregon
Company Website
Visit Website

Team

Employees
2

Financials

as of Fiscal Year 2023
 Revenue
$261,404
 Cash on Hand
$159,686
Gross Margin
31%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$261,404

$450,638

COGS

$181,635

$279,590

Tax

$0

$0

 

 

Net Income

$49,691

$-63,325

Summary Balance Sheet

FY 2023 FY 2022

Cash

$159,686

$213,290

Accounts Receivable

$27,289

$62,564

Total Assets

$721,204

$436,029

Short-Term Debt

$604,283

$138,497

Long-Term Debt

$197,219

$427,710

Total Liabilities

$801,502

$566,207

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/12/2025 Wefunder $4,500,000 $204,950 Equity - Preferred Active RegCF
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Add to portfolio
Young Mountain Tea on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $4,500,000
Price per Share: $2.71

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