Aristotle Spirits
About this raise
Aristotle Spirits, with a valuation of $4 million, is raising funds on Wefunder. The business makes small-batch craft spirits using a combination of passion and scientific precision. The craft spirit products of Aristotle Spirits are distilled in Garner, North Carolina, and sourced from local products. Aristotle Spirits has a loyal customer base and has recently won two gold medals at San Francisco World Spirits Competition. Jake Howland founded Aristotle Spirits in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, raw materials, equipment, building improvements, whiskey barrels, and working capital.
Investment Overview
Invested : $74,200
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/23/2022
- Close Date
- 11/30/2022
$50,000
$250,000
$100
Convertible Note
Early Stage
RegCF
$4,000,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $100,775
- Monthly Burn
- $17,163
-
Runway
- 3.8 months
- Gross Margin
- 73%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $226,271
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/30/2022 | Wefunder | $4,000,000 | $74,200 | Convertible Note | Funded | RegCF |