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Security Type
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CAFES
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Categories
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Other, Food & Beverage, Consumer Goods & Products, Retail, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2025
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Target Raise
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$100.00K-$5.00M
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No. Investors
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560
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Security Price
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$1
- Number of Employees
- 0
- Cash
- $0
- Revenue
- $0
- Short Term Debt
- $86,609
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $0
Key Deal Facts
Bootstrapped CPG brand from renowned investor and entrepreneur, Arlan Hamilton
Leverages research that sparkling water is the go-to "escape" beverage and alcohol/soda alternative
Since 2016, water has led the beverage market, w/sparkling water riding the top of the wave
Unparalleled, unique ecosystem & founder back story to help propel early adoption and network effect
Out of R&D mode and positioned to launch in stores and DTC (direct-to-consumer) Summer 2024
Leans into the sober and sober-curious movement that has seen an all-time high
Profits shared with the Jackson, MS water crisis, and other focused, impactful initiatives.
Management Team / Advisory Board Bios
Arlan Hamilton Founder & CEOHas invested in more than 200 startups led by women, BIPOC, and LGBTQ+ founders since 2015, after being homeless.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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Business Traction
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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
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The value of the company compared to similar companies raising money from investors.
Valuation
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.