TÖST Beverages

TÖST Beverages

Sparkling non-alcoholic beverages, perfect for every occasion

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Security Type
Crowd SAFE
Categories
Food & Bev
Min Investment
$150
Location
Manchester, VT
Offering Date
April 27, 2021
Expected Close Date
September 30, 2021
Target Raise
$25.00K-$1.07M

Company Description

Vision TÖST is rapidly becoming a leading non-alcoholic beverage in the U.S. and across the globe. TÖST has a simple vision that aligns with our product, customer, and investors alike; we are building a legacy brand by delivering memorable experiences. We believe this includes delivering a meaningful ROI to our current and future investors. TÖST has proven it has national and global appeal, at a unique time in the early history of non-alcoholic beverages. We want to capitalize on our opportunity to build lasting brand equity while continuing to add market share within the beverage industry. The company celebrates inclusivity with our products and this same respect is given to every touchpoint at the company; investors, employees, and vendors included.

Key Deal Facts

$1M+ revenue in last 10 months
Revenue in Q1 2021 is 4.1x revenue in Q1 2020
1.3K+ accounts, 18 distributors, 24 states, and across 7 countries
Key accounts include Whole Foods, Wegmans, BevMo, The Fresh Market and more
Recipient of the 2018 New Product Cold Beverage SOFI Award
Showcased by The NY Times, GQ, Vogue, Forbes, Glamour, Esquire and more
$29B total addressable market by 2026

Management Team / Advisory Board Bios

Brooks Addington, CEO
Entrepreneur & investor with 25 years of experience in global businesses
Proven track record of building and operating businesses from the ground up
Deep CPG investment and start-up experience

Mark Hyatt, CMO
Created integrated campaigns for some of the world's largest beverage brands
Founded creative agency that worked with Fortune 100 companies on multiple platforms
MBA from a joint program at Columbia University and Haas School of Business at Berkeley
Amount Raised : $361,438
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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.

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