REJOY

REJOY is a unique plant-based sports drink infused with CBD to ease body & mind

Analytics

Raised to Date: $327,434

Aggregate Commitments $
Platform

Wefunder

Start Date

02/08/2021

Close Date

04/30/2022

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

373

% of Min. Goal

327%

% of Max. Goal

31%

Likelihood of Max
extremely
Avg. Daily Raise

$4,548

# of Investors

182

Momentum
cold
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Key Biscayne, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

REJOY, with a $10 million valuation cap, is raising funds on Wefunder. The company makes a unique sports drink infused with CBD. The drink is entirely plant-based and helps in rehydration, pain relief, and reduction of inflammation. Martin Moresco, Diego Belbussi, Sebastian Sanchez, and Ronnie Schildknecht founded REJOY in 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for marketing, retail listing, POS activation, and working capital. REJOY is already available in over 75 stores in Miami and generated $75,000 in revenues year-to-date till November 2020.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$66,914

$0

COGS

$60,291

$0

Tax

$0

$0

 

 

Net Income

$-180,520

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$179,373

$0

Accounts Receivable

$216

$0

Total Assets

$245,429

$0

Short-Term Debt

$31,837

$0

Long-Term Debt

$0

$0

Total Liabilities

$31,837

$0

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)

Pro

$25 /month
billed annually
Unlimited analyst reports. Does not include ratings.
Plan Includes:
Everything in Starter, plus
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Full access to Analyst Reports
Market Analytics
Ratings
Get Pro Annual

Merlin

$41.67 /month
billed annually
Unlimited analyst reports and full access to Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Ratings
Get Merlin Annual
Already a member? Log in here.

Ratings

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add REJOY on Wefunder
Follow company
Follow REJOY on Wefunder