Bainbridge Distillers
[Closed for Investment] Bainbridge Distillers, with a valuation of $25.92 million, is raising funds on StartEngine. It is a family-owned spirits distillery with a portfolio of award-winning craft spirits. The business sources its organic ingredients locally and mills and distills them in the maritime microclimate to get the unique character of Bainbridge Island. Bainbridge Distillers is USDA-certified and has won several awards for its organic whiskies. Keith Barnes founded Bainbridge Distillers in July 2008. The current crowdfunding campaign has a minimum target of $9,996.48 and a maximum target of $1.07 million. The campaign proceeds will be used to expand production, distribution, and market visibility.
Investment Overview
Raised: $280,984
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 10/20/2022
- Close Date
- 02/17/2023
$9,996
$1,069,999
$246
Equity - Common
Pre-Seed
RegCF
$4.32
$25,920,000
Company & Team
Company
- Year Founded
- 2008
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +64% YoY
- $867,644
- Monthly Burn
- $16,399
-
Runway
- 9.5 months
- Gross Margin
- 75%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/17/2023 | StartEngine | $25,920,000 | $280,984 | Equity - Common | Funded | RegCF |