Blind Tiger
About this raise: Blind Tiger, with a valuation of $4.5 million, is raising funds on Wefunder. The company makes all-natural, spirit-free cocktails that offer a sophisticated beverage experience. Blind Tiger beverages capture the complexity of classic cocktails while invoking the mystique of the Prohibition era with cocktails like Southside Mojito, Bee’s Knees, Sidecar Mimosa, and Lavender French 75. The business sells its products through 1,000 retailers across the country and has won 29 top-tier awards from renowned national and international beverage competitions. Rebecca Styn founded Blind Tiger in September 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, sales, and hiring brand ambassadors.
Investment Overview
$137,731 - Total
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/29/2024
- Close Date
- 10/31/2024
$50,000
$124,000
$100
Equity - Preferred
Seed
RegCF
/ RegD 506(c)
$0.35
$4,000,000
$4,500,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +198% YoY
- $326,682
- Monthly Burn
- $18,000
-
Runway
- 3.6 months
- Gross Margin
- 55%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $924,910
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2024 | Wefunder | $4,500,000 | $137,731 | Equity - Preferred | Funded | RegCF / RegD 506(c) |