HALO Hydration on SeedInvest 2022

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Security Type

Equity – Preferred

Funding Type

RegCF
/ RegD 506(c)

Pre-Money Valuation

$10,000,000

Reporting Date

06/25/2022

Likelihood of Max

unlikely

Momentum

cold.svg

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Location

New York, New York

Industry

Food, Beverage, & Restaurants

HALO Hydration, with a valuation of $10 million, is raising funds on SeedInvest. The company makes low-sugar and premium electrolyte hydration products. The beverages of HALO Hydration have a high concentration of vitamins, minerals, and electrolytes and enable the body to optimize hydration along with boosting immunity. HALO Hydration products are available across 1,400 Walmart stores and are likely to reach $1 million in sales in their first full year of business. Anshuman Vohra founded HALO Hydration in July 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for future operating capital, A&P expenses, and legal fees.

Summary Profit and Loss Statement

Revenue

$525,067

$397,920

COGS

$535,928

$283,762

Tax

$0

$0

 

 

Net Income

$-3,887,773

$-2,954,729

Summary Balance Sheet

Cash

$2,728,163

$4,560,759

Accounts Receivable

$70,654

$12,227

Total Assets

$3,367,288

$4,980,894

Short-Term Debt

$731,531

$253,194

Long-Term Debt

$731,531

$396,850

Total Liabilities

$1,463,062

$650,044

Financials as of: 06/24/2022

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