Hunnico

Honey water is the next big thing in flavored water, a rapidly growing market!

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Form C
View on Wefunder
Security Type
Debt
Categories
Retail, Community & Lifestyle, Food & Bev, Sports & Fitness
Min Investment
$100
Location
Edmonds, WA
Offering Date
January 21, 2019
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$250.00K
No. Investors
197
Security Price
$1
Deal Notes

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $3M in the future.

Website
hunniwater.com
Number of Employees
2
Cash
$10,382
Revenue
$37,845
Short Term Debt
$6,833
Cost of Goods
$30,811
Long Term Debt
$0
Net Income
$-38,091

Company Description

Profits are important but there’s a lot more to this. We’ve decided to center our brand around kindness and think Crowdfunding is an amazing way to get everybody involved. We always want to give back and are committed to reach as many people as possible.

Perks

$250+
A customized Kindness HunniComb stock certificate featuring our official 3D holographic hunnicomb seal. The certificate will include the investors name or message. A duplicate of your certificate will be forever displayed at the HunniCo store in Edmonds, Wa.

$500+
The above mentioned stock certificate plus limited edition kindness hoodie, kindness laptop sticker, and Amazon Discount codes for all HunniCo orders.

Use of Proceeds

If we raise: $50,000

$45,000 Hunniwater Inventory, $2500 Marketing (including Kindness campaigns with current partnerships, campus and in-store demos/samplings and social media to harness our customers to spread Kindness), $2500 Wefunder fees

 

If we raise: $350,000

$230,000 Hunniwater Inventory, $55,000 Marketing/Promotion (including Kindness campaigns with current partnerships, campus and in-store demos/samplings and social media to harness our customers to spread Kindness), $25,000 equipment, $22,500 Operations $17,500 Wefunder fees

Management Team / Advisory Board Bios

Karin Butler - CEO
I am a Research Scientist, Social Champion and Mother of four. I have 10+ years of experience in all things beverage, to include R&D, Analytics, Project Management, Supply chain management and QC.

Deal Notes

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $3M in the future.

Amount Raised : $76,330
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Valuation

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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