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Drink LMNT
OperatingDrink LMNT, Inc.
Food · Packaged Drink · Founded 2019
Woman-founded
A sugar-free electrolyte drink mix with everything you need + nothing you don't
Valuation cap ⓘ
$200.0M
As of Aug 2022 · from Drink LMNT Crowd SAFE 2 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,734,796
Across 2 rounds since 2021
Financials
FY2019–FY2023 · from SEC filings · hover any figure for its source$1.5M
$174K
2019
$7.1M
$880K
2020
$31.6M
$2.0M
2021
$79K
$11K
2022
$206K
$42K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$1,536,591
$7,053,000
$31,589,000
$78,714
$206,270
Cost of goods sold
$449,261
$1,872,000
$10,058,000
$31,480
$89,391
Gross margin
71%
73%
68%
60%
57%
Net income
$173,661
$880,000
$1,974,000
$11,145
$41,891
Taxes paid
$0
$251,000
$680,000
$3,976
$14,090
Balance sheet
Cash
$434,505
$1,324,000
$6,554,000
$19,011
$28,263
Accounts receivable
$114,232
$184,000
$644,000
$1,607
$4,701
Total assets
$836,491
$2,648,000
$10,899,000
$33,495
$63,850
Short-term debt
$148,737
$769,000
$3,781,000
$10,929
$17,573
Long-term debt
$417,500
$0
$770,000
$5,031
$12,940
Total liabilities
$566,237
$769,000
$4,551,000
$15,960
$30,513
Other
Headcount
—
12
0
0
0
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$60.0M
Valuation cap
$200.0M
Valuation cap
Drink LMNT Crowd SAFE 1
Drink LMNT Crowd SAFE 2
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $2.2M / $4MInvestors 2,570Valuation cap $200M
Raised $540K / $750KInvestors 613Valuation cap $60M
Reg CF annual-report compliance
Not requiredFiled Form C-TR (terminated reporting)
Filed 3 of 5 annual reports (FY2021–FY2025)
2,570 investors
holder-count proxy
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 9 filings on EDGARSource: ManualCIK 0001871551
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.