Genius Juice on Wefunder

Whole coconut smoothies

Raise to date: $477,085

Reporting Date: 04/08/2020

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SEC Filing Data from Kingscrowd

Genius Juice, with a $6 million valuation cap, is raising funds on WeFunder. The company makes and sells healthy coconut smoothies using both coconut water and coconut meat. The coconut smoothies of Genius Juice are rich, creamy, and healthy and are sold through top retailers, including Safeway, Publix, and Whole Foods. Genius Juice was founded by Alex Bayer and was launched in Whole Foods in 2015. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used for production and inventory, sales and marketing, and working capital and administration expenses. Genius Juice was recently featured on Shark Tank and has received massive exposure and an increase in online sales since then. The company reported a three-times increase in annual revenue from 2018 to 2019, with more than 116% year-over-year per store growth.