Pureboost

Pureboost

🔥 The #1 bestselling clean energy drink mix - no sugar, no sucralose, no crash

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Categories
Technology, Retail, Consumer Goods & Products, Financial Services, Food & Bev, Healthcare & Medical
Min Investment
$250
Location
Cardiff, CA
Expected Close Date
April 30, 2023
Target Raise
$50.01K-$4.05M
No. Investors
533
Security Price
$3.40
Valuation
$40,000,000
Website
pureboost.com
Number of Employees
9
Cash
$1,529,807
Revenue
$7,328,276
Short Term Debt
$1,719,358
Cost of Goods
$1,552,159
Long Term Debt
$932,923
Net Income
$-2,115,457

Key Deal Facts

🚀 Dramatic growth: $7.34M in 2021 revenue, up from $1.2M in 2019
💸 Team’s track record: 10+ exits & building a nutritional drink company to $1.25B in sales
🏆 20,000+ 5-star reviews
🌿 Over 16 million Pureboost servings sold
💥 45% reorder rate
🎯 #1 category bestseller on Amazon, launching at Costco.com, Walmart, Walgreens in Q3
📈 On a strategic path to $100M in sales (not guaranteed) by 2026
💫 Breakout star taking on a fast-growing $350B market

Management Team / Advisory Board Bios

Brian Enge Co-FounderSerial entrepreneur with 4 exits. Active.com senior leadership when it sold for $1B+. Cyrk senior leadership when it IPO’d. Saucony EVP when it sold for $150M. Zoot CEO when it sold for $12M. Former pro soccer player. Harvard BA. Harvard MBA., Sean Ross Co-FounderNutrition innovator and supply chain whiz. Experience managing manufacturing for Glanbia, the world’s largest sports nutrition brand and has overseen the production of over $1B+ worth of products. Invented the original Pureboost formula., Ray Faltinsky Co-FounderLifelong nutrition enthusiast. Launched and grew a nutrition company from 0 to $1.25B in sales over its 22-year lifetime, generating a 125x return for investors. Launched Pureboost in 2018. Yale Law School JD., Danny DeMichele Co-FounderSales and scale ace with 6 exits in digital marketing/e-commerce. Founder of Quiverr, a Top 25 Amazon bestseller with over $1B+ in revenue (acquired by ASM, the largest CPG retail management & distribution company). Founder of 2 Inc 500 companies., Jay Mercer CEOStrategic sales leader with 25+ years in CPG. Launched 250+ products for Fortune 500 companies and brands, including Del Monte, Milk Bone, Meow Mix & Hershey Foods. VP of Sales at Amazing Grass when it sold to Glanbia Performance Nutrition., Gillian Snyder VP MarketingDigital marketing and scale ace with 15+ years leading geographic and category expansion for global ecommerce brands. Grew marketing programs to 14M website visitors and $50M in sales. Built a thriving retention program for a $150M brand. UCSD MBA.
Amount Raised : $2,624,110
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