Boyd Cru Wines (2024)
About this raise
Boyd Cru Wines is raising funds on CrowdFund Baltimore. It is a wine company in Maryland that makes high-quality wines using local ingredients and sustainable practices. Boyd Cru Wines also offers wine education and wine experiences to focus on community building, fostering connections, and promoting self-expression. Two out of three wines of Boyd Cru Wines have won awards at the Maryland Wine Tastemaster Competition in 2023, and the wines have been featured on Good Day DC, AfroTech, NBC4 Washington, and WMAR2/ABC. Jon’ll Boyd and Matthew Boyd founded Boyd Cru Wines in March 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $27,500. The campaign proceeds will be used to scale manufacturing and production, purchase and start a tasting room and community marketplace, and expand distribution to additional big box retailers.
Investment Overview
Invested : $24,458
Deal Terms
Total Commitments
- Platform
- Crowd Fund Baltimore
- Start Date
- 05/13/2024
- Close Date
- 06/05/2024
$10,000
$27,500
$100
Revenue Share
Quarterly
RegCF
2.00X
10.00%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +1,550% YoY
-
$75,876
as of FY2023
- Monthly Burn
-
$839
as of FY2023
-
Runway
-
2.5 months
as of FY2023
- Gross Margin
-
19%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No