Wave Soda Company

Redefining soda for the next generation.

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Security Type
Preferred Stock
Categories
Food & Bev
Min Investment
$252
Location
SAN MARCOS, CA
Offering Date
March 31, 2022
Expected Close Date
April 29, 2022
Target Raise
$10.00K-$1,000.00K
No. Investors
54
Security Price
$3.60
Valuation
$18,000,000
Website
wavesoda.com
Number of Employees
9
Cash
$557,573
Revenue
$1,170,195
Short Term Debt
$547,143
Cost of Goods
$692,976
Long Term Debt
$5,258,954
Net Income
$-2,019,779

Company Description

We’re Wave Soda, a better-for-you soda that people love all day, every day! A happy, refreshing drink with soda water, a quarter of the sugar most carbonated beverages have and only ingredients that you can understand! That means you can happily sip any of our uplifting drinks and know exactly what you’re putting into your body. Infused with a small boost of natural caffeine, Wave Soda is the perfect refreshment for any and all occasions!

Perks

StartEngine OWNERS Exclusive Click here to learn more

$252+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$252+ Investment
Tier 1: $252
- 1 Exclusive Wave Soda hat
- 1 Exclusive Wave Soda sticker
- 1 Ownership certificate

$500+ Investment
Tier 2: $500
- 1 Exclusive Wave Soda hat
- 1 Exclusive Wave Soda sticker
- 2 Exclusive Wave Soda koozies
- 1 Ownership certificate
- 15% Off Wave Soda brand merch store for 1 year

$1,000+ Investment
Tier 3: $1,000
- 2 Exclusive Wave Soda hats
- 2 Exclusive Wave Soda stickers
- 4 Exclusive Wave Soda koozies
- 1 Ownership certificate
- 25% Off Wave Soda brand merch store for 1 year

$5,000+ Investment
Tier 4: $5,000
- 5% Bonus shares
- 2 Exclusive Wave Soda hats
- 2 Exclusive Wave Soda stickers
- 4 Exclusive Wave Soda koozies
- 1 Ownership certificate
- 25% off Wave Soda brand merch store for 1 year

$10,000+ Investment
Tier 5: $10,000
- 5% Bonus shares
- 2 Exclusive Wave Soda hats
- 2 Exclusive Wave Soda stickers
- 4 Exclusive Wave Soda koozies
- 1 Ownership certificate
- 25% off Wave Soda brand merch store for 1 year
- Help Wave Soda develop our next flavor soda!

$25,000+ Investment
Tier 6: $25,000
- 10% Bonus shares
- 2 Exclusive hats
- 2 Exclusive stickers
- 4 Exclusive koozies
- 1 Ownership certificate
- 25% off Wave Soda brand merch store for 1 year
- Help Wave Soda develop our next flavor soda!
- Free Wave Soda for a year!

Key Deal Facts

Product - With 15-25 calories per can, all natural ingredients, and what we call “politely caffeinated” Wave hits the new sweet spot for consumers. Wave is now one of the fastest growing juice-sweetened beverage on the market! ℅ SPINS 2021! And now, by popular demand, Wave is adding classic soda flavors to the line up with a quarter of the sugar that most carbonated beverages contain!

Positioning - We’ve set ourselves apart from other competitors in our space with our unique offering. We are a healthy soda that gives sparkling water drinkers a better flavor and traditional soda drinkers a way out! It’s a healthier option for everyday consumers. From Cucumber to Cola, we deliver more of what today’s consumers are looking for. An innovative brand by nature, we always look to keep ourselves fresh and exciting! We launched Cola in late 2021, the first flavor of our healthy classic soda line and introduction to our quarter sugar offering. With an immediate 126% increase in month over month sales and the discontinuation of two major natural soda brands, we are very excited for the release of the full line in 2022!

People - Our team is made up of category veterans with 30+ years in the Coke system and innovative newcomers from the top direct to consumer brands. Like Wave, it’s a perfect blend of traditional experiences and fresh perspectives.

Management Team / Advisory Board Bios

J.W. Fischer



Sales Manager


JW has been with Wave since 2021 and is our VP of Sales! He talks with beverage buyers at grocery stores all across the country and pitches Wave Soda to them. He is the guy that makes sure Wave Soda is sold in your local grocery stores! When we asked him what his favorite thing about working at Wave is, he said, “the culture and the people!”
JW’s favorite flavor of Wave is Blackberry, which he likes to pair with a lobster and a nice slice of cheesecake. During the week, his favorite thing to do is close deals! But, in his free time, he likes to hike, swim, and explore with his family!















Rachel Bower



Manager of Operations


Rachel started with Wave in 2018 and is our Director of Operations! When we asked her to describe her job, she said, “in this role, I wear many hats! Some days it's accounting, some days it's trade shows, some days it's marketing and some days it's HR.” It’s true. She’s our rockstar! She says that her favorite part of working here is that everyone wears many hats and that we get to dip our hands into many different areas. “We're also lucky we have a CEO who allows us to excel in what we want to do and creates such a fun work environment for us!”
Rachel’s favorite flavor of Wave “depends on the day! Usually Grapefruit or Blueberry, some days it's Mango, but Cucumber is great too!” Her absolute favorite food is “any type of pasta. Always.” We asked her about her favorite place to get pasta and she told us that she doesn’t discriminate, anywhere is great. On the weekends, she loves going to the beach or on hikes but during the week, her favorite activity is binge watching Netflix in her PJs! 















Kylee Hoynacki



Digital Advertising Manager


Kylee started with Wave in 2019 and is our Digital Advertising Manager! She told us that she manages advertising platforms, works with retailers to launch marketing initiatives, and performs other marketing tasks! She’s our go to girl! When we asked about her favorite part of working here, she said “the free soda is awesome, but I really love working with a fun group of people! Everyone here has such a different personality, but we all get along so well. It really feels like I have a second family here!”
Kylee’s favorite flavor of Wave is Apple, which she likes to pair with a good slice of pizza! According to her, Pizza Port is the best place to get pizza, and we agree. On the weekends, she enjoys doing projects on her fixer upper that she recently bought. When she isn’t working on her house, she is spending time with her husband and Roxy! 















Alec Perez



Creative Manager


Alec has been with Wave since 2019 and is our Creative Manager! He does anything from graphic design to website design and everything in between! He is our go-to guy. When we asked him what his favorite thing about working at Wave is, he said, “I love the people I’m around and the opportunity to learn new things everyday!” 
Alec’s favorite flavor of Wave is Blackberry, which he likes to pair with a chicken sandwich. When we asked him where his favorite place to get a chicken sandwich is, he said “anywhere.” In his free time, he likes playing baseball and relaxing!















Allie Rossi



Content Creation Coordinator


Allie has been with Wave since 2020 and is our content creation coordinator! She’s the voice of Wave! She writes all of the blogs, emails, and text notifications. When we asked her what her favorite thing about working at Wave is, she said, “The team! Everyone on staff is so friendly and welcoming. We all work hard and support each other. It's an awesome environment to work in.”
Allie’s favorite flavor of Wave is a three-way tie between apple, mango, and blueberry which she likes to have with sweet potato gnocchi (or pretty much anything else because she loves so many kinds of food)! On the weekends, Allie likes hanging out with her family and have bonfires. When she’s not with her family, she likes to go to the beach or go on hikes and enjoy the silence and serenity of nature. 















Sam Slobom



Supply Chain Coordinator


Sam’s favorite flavor of Wave is Cucumber, which he likes to take with him to the skate park after work. In his free time, he likes finding new places to eat or just driving around with no particular destination!















Julia Morley



Sales Cordinator


Julia is originally from Seattle,WA and has recently relocated outside of Denver, CO. In her free time she enjoys hiking, yoga, and hanging out with friends! A recent MBA graduate, Wave is lucky to have her on the team!
Amount Raised : $72,984
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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