I was an investor with Asarasi when you raised funds via Republic.com. Could you please provide an update on the valuation over the past two years? We haven’t received any updates during this time, and it would have been helpful to have received automatic updates at regular in...

Hi Deepu, thanks for your note! Please review our materials provided here for the latest update in 2024 with respect to the offering. There were challenges with the aforementioned funding portal for automatic communications. This being one of the reasons we have decided to raise here on Wefunder. We are again raising capital on a SAFE note at $15M Valuation Cap up from a $10M Valuation Cap.

ADAM LAZAR does not respond to emails. He is not very receptive. I invested with ASARASI when he campaigned on Republic and have not heard from him in over 2 years! He finally answered me after I reached out to Republic for their help. It was like pulling teeth to get him to a...

David, Thank you for reaching out. First and foremost, I want to thank you for your $200 investment back in 2020. We are truly grateful for every member of our early community, as those early dollars helped us build the foundation for the retail success we are seeing today. Regarding your concerns, I want to ensure the record is accurate for you and the rest of our 2,900 investors: Despite the size of our investor base, I have personally emailed you several times over the past few years to re...

Quick question. Investor here from 2020 on republic. Can you let us know what the share price was back then and what it currently is? If no share price can you tell us how much dilution for this new higher valuation?

Dear Eric, Thank you for reaching out and for your early support as a 2020 investor on Republic—it's greatly appreciated as we continue this journey together. To answer your question: Our previous raise was completed via a SAFE (Simple Agreement for Future Equity), which has not yet converted into shares. The conversion—including the effective share price for earlier investors—will be determined by the valuation and total amount raised in our current Wefunder round (a convertible note round)....

I’m pissed!!! I just got an update from you all on Republic. The updates says that Askari is doing so well and having so much success. Really,? I haven’t really heard anything from this company and I invested in 2020/2021…it’s been so long I can’t remember. I invested on Wefun...

Hi Felicia, thank you for reaching out. First and foremost, I want to thank you for your $100 investment back in 2020. We are truly grateful for every member of our early community, as those early dollars helped us build the foundation for the retail success we are seeing today. Regarding your concerns, I want to ensure the record is accurate for you and the rest of our 2,970 investors: Your Perks: You were indeed eligible for the $100 tier perks. However, as noted in the campaign terms, the ...

Hi - 2 questions: 1. I was not part of the Republic raise, but that sounds like it was a SAFE offering. Why is the Wefunder offering a Convertible Note? 2. Is this investment only in the Asarasi business or does it include the Nekter Pop as well?

Hi Eric, many thank for your question. The Wefunder offering is based on a Convertible Note with a valuation cap and interest. Unlike our earlier Republic SAFEs (2020–2021) that offered a cap, conversion discount and no interest. We’ve chosen a C-Note because a C-Note provides accruing interest as compensation while investors wait for conversion. Unlike our Republic SAFEs, which only convert on a qualified financing trigger these Convertible Note includes an automatic conversion at the 2-year...

Asarasi: The Tree Water Company

Gut-Healthy, Mouth-Happy Tree Water Beverages: Sparkling Water, Probiotic Seltzer & Nekter Pop Soda!

asarasi.com

Ridgefield, CT

Food & Beverage Ecommerce Consumer Goods Sustainability

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LEAD INVESTOR

Invested $20,000 this round

I have been talking about it and sharing Asarasi with my entire networking community for years prior to even knowing the stellar creators behind the product. Having shared thousands of bottles at dozens of real estate events and also gifting subscriptions to clients as closing gifts I’m thrilled to be a lead investor. Knowing the sustainable aspects to a healthy renewable beverage fits into my business ethos and personal quest to live and promote a cleaner and healthier life and earth. The product is pure and the concept is pure genius.

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Asarasi: The Tree Water Company

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