Brooklyn Gin

Growth Stage

Award winning super-premium craft gin and upcoming Brooklyn distillery

Overview

Raised to Date: Raised: $6,550

Total Commitments ($USD)

Platform

Republic

Start Date

12/28/2022

Close Date

03/29/2023

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$150

Security Type

SAFE

Series

Series A

Funding Type

RegCF

Valuation Cap

$30,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

55

% of Min. Goal

13%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$182

# of Investors

16

Momentum
cool.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Brooklyn, New York

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,197,355

$1,983,871

COGS

$1,022,329

$922,213

Tax

$0

$0

 

 

Net Income

$-896,453

$-824,300

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$544,496

$128,831

Accounts Receivable

$0

$0

Total Assets

$2,326,939

$1,710,739

Short-Term Debt

$1,981,821

$893,842

Long-Term Debt

$1,088,299

$663,625

Total Liabilities

$3,070,120

$1,557,467

Financials as of: 12/28/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Brooklyn Gin on Republic 2022
$
Platform: Republic
Security Type: SAFE
Valuation: $30,000,000

Follow company

Follow Brooklyn Gin on Republic 2022
View on Republic