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101%
Raised
£305,740
Investors
271
Target
£300,000
Equity
10.90%
Pre-money valuation
£2,500,000

Founded in 2016, Daily Dose is a sustainable organic cold-pressed juice company. The company produces drinks at their own Battersea production facility, sourcing wonky fruit and veg in their mission to help reduce food waste, and now supplies 150+ stockists, selling avg. 40,000+ drinks every month.

  • 125% growth between December 2017 and May 2018
  • Daily Dose products are listed in 150+ stockists across the UK
  • Avg. 40,000+ Daily Dose drinks are sold every month
  • The Mayfair Daily Dose Café launched in 2017

Idea

Daily Dose is an organic cold-pressed juice company with a focus on sustainability. The company has been running for almost three years.

In 2016, we overfunded on Crowdcube to raise £125k, which allowed a move from a 500sq ft facility to a 2500sq ft production facility. We are now seeking funds to triple our site size.

Since 2016, monthly turnover has increased by 1400% from £5.5k to £85.3k in July 2018. Revenue to YE Aug 2018 was £573k (-£50k EBITDA). With monthly sales recently averaging 40,000+ bottles, our aim is to sell 1.5m bottles next year. Our growth has come at a time when demand for sustainable, locally produced, and healthy high-quality products has increased. Consumers are becoming more aware of what is in food and drink, as well as where and how it is made. We have expansion plans which we believe we are on track to hit.

We put sustainability at the heart of what we do. We produce our drinks in Battersea using, when possible, in-season British organic wonky produce. We source fruit which may otherwise go to waste and work with a farm who collects our pulp to feed to livestock.

We have commissioned some research with Cornell University, with the aim of developing a method to extend the shelf life of our juices to 30 days while bottling into glass which we believe may be a first in the UK.

Disclosure: loans exist.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Daily Dose has submitted their plans to raise money, details of their structure and trade etc. to HMRC and is awaiting advice on whether the share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax reliefs.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.