Bold Move Beverages (2023)

Bold Move Beverages (2023)

Closed: Jan. 2023

About this raise

Bold Move Beverages, with a valuation of $6 million, is raising funds on Wefunder. The company has created the next-generation brunch drink called Cold Brooze. The business combines specialty cold brew coffee and premium aged American Whiskey to create a canned cocktail. Cold Brooze is available in a variety of flavors and contains 6% ABV. Jacob Guss founded Bold Move Beverages in July 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, salaries and wages, research and development, working capital, and other expenses.

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Investment Overview

Invested this round: $75,427

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/01/2022
Close Date
01/31/2023
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,000,000

Discount

15%

Company & Team

Company

Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jacob Guss
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$4,461
 Runway
23.7 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-53,529

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$105,675

$0

Accounts Receivable

$0

$0

Total Assets

$105,893

$0

Short-Term Debt

$6,219

$0

Long-Term Debt

$0

$0

Total Liabilities

$6,219

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$150,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $2,500,000 $52,450 Convertible Note Active RegCF
01/31/2023 Wefunder $6,000,000 $75,427 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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Add to portfolio
Bold Move Beverages on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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Follow Bold Move Beverages on Wefunder 2022

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Warning: according to the close date for this deal, Bold Move Beverages may no longer be accepting investments.

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