Brooklyn Gin
About this raise
Brooklyn Gin, with a valuation of $30 million, is raising funds on Republic. The company makes award-winning and super-premium craft gin in small batches. Brooklyn Gin has a loyal fanbase and is distributed in 42 US states and over 20 countries. The business is looking to expand by opening a distillery, bar, and event space in Gowanus, Brooklyn, and producing a full portfolio of spirits products. Brooklyn Gin generated over $2 million in revenue in 2021 and projects to generate $6.2 million in 2023. Joe Santos and Emil Jattne founded Brooklyn Gin in December 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used to open and launch the distillery and develop and launch new products.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 12/28/2022
- Close Date
- 03/29/2023
$50,000
$1,000,000
$150
SAFE
Growth Stage
RegCF
$30,000,000
0%
Company & Team
Company
- Year Founded
- 2011
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +11% YoY
-
$2,197,355
as of FY2021
- Monthly Burn
-
$74,704
as of FY2021
-
Runway
-
7.3 months
as of FY2021
- Gross Margin
-
53%
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $6,600,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/29/2023 | Republic | $30,000,000 | $0 | SAFE | Not Funded | RegCF |