AVEC Drinks

Re-thinking the soda & mixer category for the modern drinker

Print
Claim My Business
Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$200
Location
BROOKLYN, NY
Offering Date
May 18, 2023
Expected Close Date
August 01, 2023
Target Raise
$25.00K-$1.24M
No. Investors
74
Security Price
$1
Website
avecdrinks.com
Number of Employees
3
Cash
$586,588
Revenue
$913,390
Short Term Debt
$172,677
Cost of Goods
$513,896
Long Term Debt
$2,257,128
Net Income
$-819,852

Company Description

Making soda & mixers that are:

Perks

Invest
$500
Receive
Invite to VIP AVEC events and parties
30% off your next AVEC order
Personalized 15% off code for one year

Invest
$1,000
Receive
All the above
Personalized 25% off code for one year
Exclusive AVEC Investor Merch Kit
Invite to exclusive AVEC Investor Events

Invest
$5,000
Receive
All the above
Involvement in Quarterly Business Reviews & Updates

Invest
$10,000
Receive
All the above
Free case of every new flavor that AVEC releases, before the release

Invest
$50,000
Receive
All the above
Direct involvement in creating a Limited-Edition Flavor in collaboration with AVEC founder Alex
Limited (1 left of 1)

Key Deal Facts

Revenue: Yr 1 $620k (2021), Yr 2 $950k (2022), & ~$2m in 2023
Growth from 500 to 1200 locations locked in for 2023
Launching in Wegmans, BevMo in H1, and Sprouts in H2 – amongst others
Targeting $12bn soda mixer market & fast growing $11bn non-alc market
Press: NYT, Food & Wine, Good Morning America, Fast Company, & more
Backed by Gather Ventures, XRC, Black Ambition, Seed Project, & Gaingels

Management Team / Advisory Board Bios

alex doman
Co-Founder

alex doman
Co-Founder
Amount Raised : $54,580
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment