Asarasi Sparkling Tree Water

The Future of Water. Sourced From Trees.

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Categories
Food & Beverage, Retail, Consumer Goods & Products, Sustainability
Min Investment
$100
Location
KATONAH, NY
Expected Close Date
April 29, 2021
Target Raise
$25.00K-$472.05K
No. Investors
61
Security Price
$1
Website
asarasi.com
Number of Employees
1
Cash
$56,679
Revenue
$185,392
Short Term Debt
$468,002
Cost of Goods
$154,320
Long Term Debt
$0
Net Income
$-180,184

Key Deal Facts

~$2.1M Total Lifetime Revenues & growing. New accounts include Sprouts, Wakefern, Primo & Prestige!
Sprouts Farmers Market to carry Nekter Pop nationwide in ~480 stores in April 2026 in the Soda Set!
Wakefern Banners (Shoprite, Fairway, etc.) will carry Asarasi & Nekter Pop in 300+stores March '26!
Signed distribution with access to ~90 Countries & ~100,000 stores with CDLUSA.COM & Prestige Maple.
$1.5M Projected gross revenue through 2026, 450%+ Growth trajectory via existing and new customers.
Aku Orraca-Tetteh Primary Band Member of hit band Florence + The Machine Joins Asarasi as Cofounder!
Raising up to $618k in new Reg CF funding - $15 million valuation cap on a convertible note.
Use of funds includes hiring additional executive team members, marketing, sales & working capital.

Management Team / Advisory Board Bios

Adam LazarFounder & CEOAdam won $500K From 43N to launch Asarasi in 2017, successfully competing against 1000's of businesses. He singlehandedly led the growth of Asarasi and now is building the team via this Wefunder REG CF Raise to take the Asarasi business to the next level!, Aku Orraca-TettehCo-FounderAku Orraca-Tetteh, Co-Founder of Asarasi, is a multi-instrumentalist, DJ & Producer. He's a primary member of the 2X Grammy nominated band Florence + The Machine. Aku continues to tour globally and produces for artists like Santigold and TV on the Radio., Catherine Polisi JonesStrategic AdvisorPresident & Founder of Polisi Jones, a women-owned and led strategic advisory firm. Took part in some of the most industry-defining M&A transactions of the last 25 years and managed the financial crisis for Lehman Brothers., Matthew ProvencherStrategic AdvisorDr. Matthew Provencher, MD is an Orthopaedic Sports Surgeon. He is the former Head Team Physician/Medical Director of the New England Patriots, Asst. Team Physician for the Boston Bruins & Boston Red Sox. Matthew served 26 years in the US Navy, NSWG., Luke MansfieldStrategic AdvisorLuke has 20+ years of experience leading growth, product, strategy & innovation for the world's most iconic companies. Luke is currently Chief Commercial Officer at Harley-Davidson & previously served as VP of Innovation at PepsiCo., Adam Von GootkinStrategic AdvisorAdam cofounded Highclere Castle Spirits with the Earl & Countess of Carnarvon, owners of Highclere Castle (Set of Downton Abbey), to create an award-winning gin that has garnered over 180 international spirit awards.
Amount Raised : $200,586
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