Genius Juice

Genius Juice

100% organic, plant-based & dairy-free whole coconut smoothies

Print
Security Type
Crowd SAFE
Categories
Consumer Goods & Products
Min Investment
$100
Location
Torrance, CA
Offering Date
December 08, 2020
Expected Close Date
April 30, 2021
Target Raise
$25.00K-$593.17K
Deal Notes

Discount: 20%

Company Description

Vision A successful exit of $150M+ and 10-15x ROIIn less than 3 years from now, we want to be at $40M-$50M in revenue and then have a successful exit for $150M or more. We're on track to exceed $2M in 2020 and are on our way to $10M or above next year with our retail partners' commitments going into 2021. In the immediate future, we're launching several exciting new products, including an expanded line of whole coconut smoothies with added plant-based protein and adaptogens in early 2021!

Key Deal Facts

Sold in 2.8k+ stores nationally such as Whole Foods, Target, Costco, & more
242% revenue increase from 2019 to 2020, on track to break $2M this year
Featured on Shark Tank in 2020 w/ offers from Mark Cuban & Barbara Corcoran
$12M+ in projected revenue by end of year 2021
Raised $1.1M in last capital round

Management Team / Advisory Board Bios

Alex Bayer
Founder/CEO
Alex has always following a clean, plant-based lifestyle. Studied Business Administration, Marketing, and Graphic Communication at Cal Poly. He became Marketing Director for a food company in Los Angeles for just under a year before Genius Juice.

Ramon Canek
COO
Ramon hails from a background of 23 years in operations and manufacturing. He has worked with 2 of the top kombucha companies in the world bringing them to over half a billion in sales

Amanda Canek
Director of Operations

Gavin Linde
National Sales Director

Clint Melchor
Territory Sales Manager - LA

Deal Notes

Discount: 20%

Amount Raised : $1,075,856
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

0 Comments