Blinking Owl Distillery

Blinking Owl Distillery

[Closed for Investment] Blinking Owl Distillery, with a valuation of $25 million, is raising funds on Wefunder. The company makes premium quality spirits using 100% organic California grains. The spirits of Blinking Owl Distillery are sold at its restaurant and can be found worldwide. Blinking Owl Distillery offers distillery tours, a menu with fresh and local ingredients, and its spirits, including vodka, gin, Aquavit, Bourbon whiskey, rye whiskey, and single malt whiskey. The business has won several awards and medals and has been featured in Forbes, Fortune, Bloomberg, and Whiskey Advocate. Brian Christenson, Robin Christenson, and Kirsten Vangsness founded Blinking Owl Distillery in February 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for ramping up spirit production and repayment of debt.

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Investment Overview

Raised this Round: Raised: $253,150

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/05/2022
Close Date
12/10/2022
Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Early Bird Valuation

$20,000,000

Pre-Money Valuation

$25,000,000

Company & Team

Company

Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Santa Ana, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Robin Christenson
Title
CFO
Founder Name
Brian Christenson
Title
CEO
Founder Name
Kirsten Vangsness
Title
Creative Muse

Financials

 Revenue -25% YoY
$1,222,761
 Monthly Burn
$40,983
 Runway
0 months
Gross Margin
13%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,222,761

$1,636,102

COGS

$1,063,349

$961,369

Tax

$34,414

$15,357

 

 

Net Income

$-491,793

$-293,748

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,008

$16,005

Accounts Receivable

$19,857

$107,848

Total Assets

$1,204,790

$1,385,167

Short-Term Debt

$757,486

$543,005

Long-Term Debt

$1,521,350

$1,524,415

Total Liabilities

$2,278,836

$2,067,420

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$962,500
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/10/2022 Wefunder $25,000,000 $253,150 Equity - Common Funded RegCF
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Blinking Owl Distillery on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $100.00

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