Blind Barrels
Blind Barrels, with a valuation of $10 million, is raising funds on Wefunder. The company provides access to exclusive rare craft whiskeys only available in their native states. Blind Barrels offers a double-blind tasting experience with its kits that include hard-to-find whiskeys carefully curated by Fred Minnick, the top American whiskey critic. The business has many whiskeys in its lineup and is on track to hit a revenue of $1.1 million in 2024. Robert DeMars founded Blind Barrels in January 2021. 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 sales and marketing, inventory, R&D, working capital, and general and administrative expenses.
Investment Overview
Raised: $54,400
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 11/13/2024
- Close Date
- 04/30/2025
$50,000
$1,235,000
$100
SAFE
Seed
RegCF
$8,000,000
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +199% YoY
- $520,158
- Monthly Burn
- $5,711
-
Runway
- 24+ months
- Gross Margin
- 39%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $200,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | Wefunder | $10,000,000 | $54,400 | SAFE | Active | RegCF |