Shanti Elixirs on Wefunder

Jun is a non-alcoholic sparkling green tea made with raw honey.

Raise to date: $55,400

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$94,000

Maximum Raise

$106,000

Likelihood of Max Extremely
Start Date

12/03/2019

Stop Date

03/20/2020

Days Remaining

105

Security Type

Revenue Share

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

57

% of Minimum Raised

59%

% of Maximum Raised

52%

Dollars Per Day to Reach Max

$482

DPD* Committed

$55,400

DPD* Category

$0

DPD* All Companies

$1,428

Kingscrowd Momentum

$55,400

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Shanti Elixirs, the manufacturer of fermented drink Jun, is raising funds on WeFunder. Shanti Elixirs makes Jun, a non-alcoholic sparkling green tea, from raw honey out of her Blissful Bee Apiary. The drink is available in seven flavors and has a lot of lineage, flavor, and health benefits. Shanti Elixirs is owned by Shanti Volpe and Kalyan Volpe, who share the passion for Jun. The current crowdfunding round has a minimum target of $94,000 and a maximum target of $106,000, and the funds will be used towards creating the Mobile Jun Bar. The products of Shanti Elixirs are available at more than 120 locations, and the first Jun Bar is expected to open soon on the East Coast. Shanti Elixirs reported an average of $30,000 in revenues over the last three months and expects to generate $270,000 in revenues in 2019.

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