Stay Cool on Wefunder

Innovative Kava and CBD Products - Relieve Stress Induced Symptoms in a Natural Way

Raise to date: $7,622

Reporting Date: 01/26/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

01/02/2020

Stop Date

02/07/2020

Days Remaining

10

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

24

% of Minimum Raised

15%

% of Maximum Raised

1%

Dollars Per Day to Reach Max

$106,238

DPD* Committed

$318

DPD* Category

$0

DPD* All Companies

$1,131

Kingscrowd Momentum

$7,622

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Stay Cool, with a valuation cap of $4 million, is raising funds on WeFunder. The company manufactures and sells relaxation beverages that help in reducing stress, providing sleep support, improving clarity and well being, and promoting sociability. In addition to the Kava beverages, Stay Cool is soon to introduce CBD products including beverages, edible gummies, calming balm, and pet soft chews. Stay Cool was founded by Tyler Adkins and Steven Wiggins, and has raised over $85,000 since its founding. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used towards production runs, business development, marketing, and salaries and wages. Stay Cool has partnered with three distributors and has already sold more than 55,000 bottles in over 40 states across the US.

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