2XL Swagger Brands
About this raise
2XL Swagger Brands, with a $12 million pre-money valuation, is raising funds on StartEngine. The company makes herbal liqueurs with aphrodisiac properties. The spirits of 2XL Swagger Brands are gender-specific, with differentiated branding. The flagship products of the brand are PinkKitty for women and EasyRhino for men. 2XL Swagger Brands was founded by Robert Tushinsky and has been introduced in many states. The proceeds of the current crowdfunding campaign, with a minimum target of $9,998.72 and a maximum target of $1,069,999.04, will be used to expand aggressively and become one of the top brands in the high-end alcoholic beverage market. 2XL Swagger Brands has a resale rate of 85% and has been rated 89/90 by the Tasting Panel Magazine.
Investment Overview
Invested : $42,176
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/05/2020
- Close Date
- 12/04/2020
$9,999
$1,069,874
$196
Equity - Common
Early Stage
RegCF
$5.44
$12,000,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +897% YoY
- $325,734
- Monthly Burn
- $15,607
-
Runway
- 24+ months
- Gross Margin
- 82%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/04/2020 | StartEngine | $12,000,000 | $42,176 | Equity - Common | Funded | RegCF |