Mela
Delicious Watermelon Juice with 4x Revenue Growth
https://wefunder.com/mela
Total raised on Wefunder: 163901
Total investors: 90
Quick facts
- Revenue grew more than 4X from 2022 to 2023. From $1.4M to $5.7M. Targeting $12M revenue in 2024.
- National distribution in 7,000+ stores including Target, Sprouts, Kroger, 7-Eleven, and more coming
- Rolling out to 6,500 locations of 7-Eleven starting in April 2024 - millions in expected revenue
- Single sourced in Vietnam and working with over 1,000 family farms across the region.
- Watermelon rinds are up-cycled into fertilizer and other practical uses in market.
- Watermelon has naturally occurring electrolytes & antioxidants. Similar benefits to coconut water.
- We are in the functional hydration category which has now eclipsed $30 billion (Source: Circana).
- Currently supplying our delicious watermelon juice to the NFL Champions - Kansas City Chiefs