Asarasi on Republic

The future of water, sourced from trees

Raise to date: $6,550

Reporting Date: 03/25/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

03/02/2020

Stop Date

08/15/2020

Days Remaining

139

Security Type

SAFE

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

32

% of Minimum Raised

26%

% of Maximum Raised

1%

Dollars Per Day to Reach Max

$7,651

DPD* Committed

$285

DPD* Category

$0

DPD* All Companies

$966

Kingscrowd Momentum

$6,550

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Asarasi, with a valuation cap of $10 million, is raising funds on Republic. The company bottles pure water sourced from maple saps and sells them in retail stores across the US, the UAE, and Japan. The maple tree is tapped for its sap, and sugars are completely removed to leave behind crisp and refreshing plant-based water. Asarasi was founded by Adam Lazar in July 2014 and has raised over $1 million from investors since its founding. The proceeds of the current round of crowdfunding, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used towards expansion and distribution. Asarasi has contracted 100 million gallons of water from family farmers and is currently selling in 1,100 retail stores.

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