Xoca

A delicious, first-of-its kind gut healthy soda made from upcycled cacao fruit

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Security Type
Debt
Categories
Social Impact, Sustainability, Technology, Food & Bev
Min Investment
$250
Location
Chicago, IL
Offering Date
September 21, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$500.00K
No. Investors
46
Security Price
$1.70
Valuation
$2,530,000
Website
drinkxoca.com
Number of Employees
1
Cash
$1,019
Revenue
$49,156
Short Term Debt
$24,694
Cost of Goods
$28,445
Long Term Debt
$3,800
Net Income
$-72,597

Company Description

Xoca (sho’ka) is the first-of-its-kind prebiotic soda made from naturally fermented cacao fruit juice. We upcycle the discarded components of the cacao fruit to provide support for a healthy gut and strong immune system. 

Key Deal Facts

Strong brand identity with mass appeal.
A $3.3B, and growing, market segment.
Developed a proprietary method for the processing of cacao fruit.
Experienced team with significant knowledge across the entire value chain.
Successful proof of concept: Average 480% month-to-month growth online via Xoca website and Amazon.
Achieved an online store conversion rate of 6.5%, and an average returning customer rate of 36%.

Management Team / Advisory Board Bios

Jacob Lopata, CEO
An entrepreneur with 20 years of experience building and managing technology startups. A co-founder and the Chief Executive Officer of The Space Launch Corporation, a prime defense contractor. Earned his M.S. in Aeronautics & Astronautics from MIT.

Carl Schweizer, Branding & Design Director
Advanced degrees in communications, graphic design, and branding. In 2013, co-founded To’ak Chocolate, the world’s first sustainable luxury chocolate company. Has won several international design awards for To’ak’s branding concept and design.

Jerry Toth, Sustainability Director
Earned a degree in economics from Cornell University. In 2007, he co-founded Third millennium Alliance, a nonprofit foundation which protects over 1,500 acres of rainforest in Ecuador. In 2013, he co- founded To’ak Chocolate.
Amount Raised : $144,650
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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