Bespoken Spirits
About this raise: Bespoken Spirits, with a valuation of $34 million, is raising funds on Wefunder. The company uses its proprietary technology to wood-finish fine spirits. Bespoken Spirits’ technology brings barrel aging-like flavors and aromas to spirits using 30 times less wood and without black mold. The business has received 217 awards in international and blind competitions and generated $1.3 million in gross revenues in 2023. Joe Scott Savage and Thurman J. Rodgers founded Bespoken Spirits in September 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for existing brand production, sales, and new brand business, including private label offerings for strategic partners.
Investment Overview
Committed : $0
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 01/03/2025
- Close Date
- 03/31/2025
$50,000
$1,235,000
$100
Equity - Preferred
Seed
RegCF
$0.49
$34,000,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +165% YoY
- $1,048,707
- Monthly Burn
- $375,583
-
Runway
- 1.8 months
- Gross Margin
- 45%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $23,200,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/31/2025 | Wefunder | $34,000,000 | $0 | Equity - Preferred | Active | RegCF |