AKA Spirits
About this raise
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.
Investment Overview
Invested $106,792 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
-
Revenue
- $83,950
- Monthly Burn
- $8,643
-
Runway
- 3.7 months
- Gross Margin
- 56%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/13/2021 | StartEngine | $6,614,700 | $106,792 | Equity - Common | Funded | RegCF |