BeatBox

BeatBox

Invest in the Top Selling Ready to Drink Cocktail Brand in the U.S.

Print
Claim My Business View on Wefunder
Security Type
Convertible Note
Categories
Alcohol, Retail, Lifestyle, Female Founder, Wine, Food and Bev
Min Investment
$100
Location
Austin, TX
Expected Close Date
April 30, 2023
Amount Raised
$2,624,375
Target Raise
$50K-$5M
No. Investors
757
Security Price
$1
Number of Employees
63
Cash
$644,714
Revenue
$18,630,477
Short Term Debt
$5,468,047
Cost of Goods
$6,946,904
Long Term Debt
$0
Net Income
$149,571

Company Description

BeatBox continues to outperform our competition in the Ready To Drink (RTD) cocktail & single-serve wine categories. RTD's are currently the fastest-growing category in alcohol and BeatBox is at the forefront with unprecedented growth.

Key Deal Facts

Top Selling Ready to Drink Cocktail, #1 Fastest Selling Single Serve Wine
$18M in revenue in 2021. Up 160% from 2020 & 350% growth from 2019
$1M investment from Mark Cuban on Shark Tank
Selling in 23,000+ stores in the U.S. - Walmart, Kroger, 7-Eleven, & many more
Massive social media growth, outpacing Truly, Twisted Tea, Four Loko, & more
BeatBox Influencer Network has a total reach of over 100+ Million people
Profitable in 2021 with industry leading +60% gross margins
World-class leadership team from Anheuser-Busch, MillerCoors, & Red Bull

Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments