AKA Spirits

Early Stage

Gin and RTDs ReimaGINed

Analytics

Raised to Date: Raised: $106,792

Aggregate Commitments $

Platform

StartEngine

Start Date

06/15/2021

Close Date

12/13/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$50.00

Pre-Money Valuation

$6,614,700

Rolling Commitments $

Status
Funded
Reporting Date

12/31/2021

Days Remaining
Funded
% of Min. Goal

1,068%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$590

Momentum
Funded
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Location

Weston, Connecticut

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

AKA Spirits, with a pre-money valuation of $6.6 million, is raising funds on StartEngine. The company has created a unique craft gin suitable for the American palate. The TUCK gin has a modern flavor and appeals to both gin and non-gin lovers. The business has also created gin-based ready-to-drink cocktails. Jonathan Davies, Alexander Metviner, Fernando J Alva Miras, and Geoff Shafer founded AKA Spirits in May 2018. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to launch a DTC e-commerce platform. AKA Spirits has 500 points of sale in Connecticut and Rhode Island and generated $87,500 in sales in its first year on the market.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$83,950

$0

COGS

$36,528

$0

Tax

$0

$0

 

 

Net Income

$-103,714

$-26,937

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$31,788

$3,198

Accounts Receivable

$4,521

$0

Total Assets

$118,372

$32,563

Short-Term Debt

$3,984

$0

Long-Term Debt

$114,389

$32,653

Total Liabilities

$118,372

$32,653

Financials as of: 06/15/2021
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AKA Spirits on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,614,700

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