Mother Kombucha

Iconic women-owned kombucha brand scaling to meet surging retail demand

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Security Type
Convertible Note
Categories
Retail, Food & Bev, Food & Beverage, Other
Min Investment
$100
Location
Saint Petersburg, FL
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.00M
No. Investors
105
Security Price
$1
Number of Employees
14
Cash
$199,019
Revenue
$2,521,945
Short Term Debt
$267,612
Cost of Goods
$1,314,442
Long Term Debt
$1,137,892
Net Income
$-409,013

Key Deal Facts

$3.6MM trailing revenue with 300% growth since 2018
Strong partnerships with conventional and specialty grocers including Publix, Whole Foods and Costco
Distributed in over 1,500 locations with opportunity to grow
Self-manufactured and ready to scale to 3X current production with minimal capital expenditure
New shelf stable product line generating $450K annually with huge growth opportunity
Certified B Corporation focused on growing triple bottom line
Former CFO Coca Cola North America Patrick Worsham as advisor and fractional CFO

Management Team / Advisory Board Bios

Tonya Donati Founder/CEOOversees all aspects of operations and growth strategy and works closely with sales and marketing development. Experienced entrepreneur in health care and lifestyle brand., Victor Donati Founder/Creative DirectorResponsible for the look and feel of all aspects of the Mother brand. 20 years of agency advertising experience with brands like Toyota, The Home Depot, Publix, Verizon., Joshua D. Rumschlag Founder/Sales and RegulatoryOversees regulatory processes and certifications. 20 year background in urban farming and fermentation., Patrick Worsham CFOA twenty-year veteran of The Coca-Cola Company, Pat served as Chief Financial Officer of Coca-Cola North America. Pat has successful, broad-based C suite experience including private equity owned coffee technology company., Elizabeth Vanneste Partner/Advisor Sales and marketing executive with over 20 years of experience growing national and global technology companies ranging from startup to over $1B annual revenue.
Amount Raised : $239,271
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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