Artisanal Distillates
About this raise: Artisanal Distillates, with a pre-money valuation of $32.7 million, is raising funds on StartEngine. It is a mezcal company that is helping people explore the world of mezcal with its products and educational resources. The company sells artisanal mezcals through its two brands, Peloton and Leyendas. Daniel Mena and Cesar Gonzalez founded Artisanal Distillates in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,069,995, will be used to complete the mezcal portfolio and increase volume. Artisanal Distillates sells in 31 states through 1,500 bars and restaurants and 1,500 retail stores. The brands of Artisanal Distillates have grown by 40% in the past five years and are outperforming the industry.
Investment Overview
Invested : $92,187
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 03/29/2021
- Close Date
- 09/22/2021
$10,000
$1,069,995
$275
Equity - Common
Pre-Seed
RegCF
$5.00
$27,795,000
$32,700,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +750% YoY
- $1,022,162
- Monthly Burn
- $509
-
Runway
- 15.4 months
- Gross Margin
- 12%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/22/2021 | StartEngine | $32,700,000 | $92,187 | Equity - Common | Funded | RegCF |