Absinthia’s Bottled Spirits (2024)
About this raise
Absinthia’s Bottled Spirits, with a valuation of $4.8 million, is raising funds on NetCapital. The company makes high-quality and authentic absinthe using special herbs. Absinthia’s Bottled Spirits crafts four award-winning absinthes, including Blanche, Verte, Barrel Aged, and Bleue, using traditional methods and premium ingredients and caters to a specific market niche, along with dispelling misconceptions and providing customer education. The business has received several awards and recognition and aims to expand its distribution further. Jennifer Absinthia Vermut founded Absinthia’s Bottled Spirits in July 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, hiring a sales director, research and development, RTD canned cocktails and mocktails, and general and administrative expenses.
Investment Overview
Invested : $67,176
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 03/18/2024
- Close Date
- 08/28/2024
$10,000
$618,000
$99
Equity - Common
Early Stage
RegCF
$1.00
$4,800,000
Company & Team
Company
- Year Founded
- 2013
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +19% YoY
-
$135,090
as of FY2023
- Monthly Burn
-
$7,816
as of FY2023
-
Runway
-
0.1 months
as of FY2023
- Gross Margin
-
51%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.