Elixir Kombucha

Established, award-winning brand poised for national growth

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Security Type
CAFES
Categories
Consumer Goods & Products, Retail, Food & Bev, Healthcare & Medical, Food & Beverage, Health & Fitness, Other
Min Investment
$100
Location
Louisville, KY
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$780.00K
Security Price
$1
Number of Employees
4
Cash
$227,860
Revenue
$179,170
Short Term Debt
$11,597
Cost of Goods
$53,700
Long Term Debt
$266,340
Net Income
$-20,013

Key Deal Facts

Top selling local kombucha in the entire Whole Foods Midwest region
$1B industry, projected to hit $3.5B by 2026
Strategic partners include Whole Foods, Creation Gardens, US Foods and Green District
Over 90% reorder rate with retailers
Founders have extensive previous experience as healthcare professionals
Co-founder elected to trade association's Board of Directors
Won the Silver Award in the Kombucha Kup 2022

Management Team / Advisory Board Bios

Corey Wood Co-founder & CEOICU nurse turned CPG founder. Thrives in high pressure settings. CEO, Elixir Kombucha. Board Member, Kombucha Brewers International., Danielle Wood Co-founder & CPOExercise physiologist turned CPG founder. Obsessed with finding balance between flavor and function as Chief Product Officer for Elixir Kombucha., Patrick Kinsella Director of OperationsEntrepreneur and recovering mechanical engineer. Spent 11 years in manufacturing while running multiple side-hustles and serving as an advisor before transitioning into an operations role at a tech startup, and ultimately landing at Elixir., Lisa Oechsli Packaging SpecialistLisa has extensive history helping build inventory systems and product information processes for a large-scale warehouse operation. Her detail-oriented nature and energetic personality have made her a perfect fit for Elixir’s operations and culture., Louis Bowman Director of Design and MarketingSelf-taught in design and animation, Louis brings a vast skill set to Elixir's marketing efforts. See examples in our campaign below!
Amount Raised : $524,450
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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