Altaneve

Early Stage

High quality Prosecco reinventing the category.

Analytics

Raised to Date: Raised: $102,232

Aggregate Commitments $

Platform

Republic

Start Date

01/24/2018

Close Date

04/30/2018

Min. Goal

$25,000

Max. Goal

$1,000,000

Min. Investment

$50

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$5,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

05/06/2018

Days Remaining
Funded
% of Min. Goal

409%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$1,065

Momentum
Funded
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Location

New York, New York

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Who Should Be Interested:
Do you love prosecco? Do you want to take part in a rapidly-growing billion-dollar industry that you enjoy sipping from? If you said yes, then investing in Altaneve might be what you’re looking for. Altaneve is a premium, high-quality Prosecco, and their goal is to become the “The Ultimate Italian Sparkling Wine” brand in the world.

The Company:
Altaneve produces extremely high quality Prosecco that is low calorie, low sulfite, sustainable, 100% vegan, and 100% natural. People have described it as “stunning,” and the WSJ MarketWatch deemed it “the best prosecco in the world.” Since 2013, Prosecco has been the most popular sparkling wine in the $62 billion wine industry in the US, and Prosecco sales have doubled to 600 million bottles globally in the past four years, while Champagne sales have remained mostly flat. Altaneve itself has experienced double-digit company growth every year, with projected growth of over 3x in 2018. Now, founder David Noto, who is the descendant of 10 generations of winemaking, plans to take Altaneve all the way to the top by becoming “The Ultimate Italian Sparkling Wine” brand. They want to create a new market niche for Prosecco -- a Ultra Premium high-end Prosecco, and they believe Altaneve has the fancy and delicious pop-fizz-clink factor to achieve it.

The Bottom Line:
People are sipping more Prosecco than Champagne these days, and Altaneve wants to capture the Ultra Premium niche in this billion dollar market. Their bubbles are deemed some of the best in the world, so it seems like them creating -- and capturing -- that niche is worth cheers’ing to!
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Altaneve on Republic
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Platform: Republic
Security Type: SAFE
Valuation: $5,000,000

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