Drink Monday

Drink delicious cocktails, socialize without stress, and wakeup hangover free.

Analytics

Raised to Date: $856,423

Aggregate Commitments $
Platform

Republic

Start Date

02/03/2021

Close Date

04/16/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$7,000,000

Discount Rate

0%

Rolling Commitments $
Status
Funded
Reporting Date

04/30/2021

Days Remaining
Funded
% of Min. Goal

3,426%

% of Max. Goal

80%

Likelihood of Max
Funded
Avg. Daily Raise

$11,895

# of Investors

1,375

Momentum
Funded
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Location

Carisbad, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Drink Monday, with a $7 million valuation cap, is raising crowdfunding on Republic. The company manufactures and sells non-alcoholic drinks that deliver a modern cocktail experience. Monday Gin of Drink Monday allows people to enjoy cocktails, socialize, and wake up feeling fresh without any hangover. Christopher Boyd founded Drink Monday in June 2019. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the proceeds will be used to launch new products, grow, expand internationally, and increase the overall revenue. Drink Monday reported $1.38 million in sales in its first nine months in the market and projects to reach $5.3 million in revenue in 2021.
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