LeVeL Lemonade’s crowdfunding venture has already raised $250,000 from 121 different investors, with just under 10 days still to go.
The company is on a mission to be the go-to supplementary sports drink in Australia, and it has already sold four million bottles since its launch just four years ago.
Chrish Graebner, Owner of LeVeL Beverages, said they’ve been on a solid growth journey since the brand’s inception.
“Our range is now available in more than 3000 stores nationwide. In the last quarter alone, we sold about 30 per cent more than the same time last year. And last financial year, our revenue was over $2,000,000.
“And this is just the beginning. We’re setting our sights even higher, and with the support of investors, we’re so excited about where we can take it.”
The company has a minimum target of $350,000 with a pre-valuation of roughly $6.85 million. Level is raising funds so it can launch its range to achieve a wider mainstream reach and future-proof the product, with the release of LeVeL Lemonade in an aluminium can.
LeVeL already has established supplier agreements with Woolworths, national service stations, gyms, and grocers, which allows LeVeL to maintain strong retailer relationships and maintain robust margins. At the same time, LeVeL’s nationwide partnerships with drink wholesalers amplify its reach.
To find out more, visit: https://www.birchal.com/company/levellemonade.