Canvino

Canvino

Early Stage

We craft award-winning, bottle-quality wine, and put it can-venient cans

We craft award-winning, bottle-quality wine, and put it can-venient cans

Overview

Raised this Round: Raised: $71,781

Total Commitments ($USD)

Platform

Republic

Start Date

11/30/2021

Close Date

04/30/2022

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,500,000

Discount

20%

Year Founded

2012

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

WILMINGTON, Delaware

Business Type

Life Style

Canvino, with a valuation of $6.5 million, is raising funds on Republic. The company makes award-winning, high-quality wine and sells it in convenient cans. The canned wine of Canvino tastes as good as bottled wine and is convenient for outdoor events, vacations, and dining plays. Canvino has been featured on Kelly Slater’s “The Ultimate Surfer” and has direct sales and distribution in 38 states with Park Street, Shopify, and more. Agata Podedworny, James Dale, Sam Saunders, and Nicholas Schroeder founded Canvino in October 2012. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to explore new markets and launch additional versions.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,584

$0

COGS

$3,447

$0

Tax

$0

$0

 

 

Net Income

$-64,418

$-36,501

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$117

$76,533

Accounts Receivable

$3,584

$0

Total Assets

$77,158

$79,841

Short-Term Debt

$139,857

$341,870

Long-Term Debt

$681,653

$417,905

Total Liabilities

$821,510

$759,775

Financials as of: 11/30/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Canvino on Republic 2021
Platform: Republic
Security Type: SAFE
Valuation: $6,500,000

Follow company

Follow Canvino on Republic 2021

Buy Canvino's Deal Report

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

Canvino Deal Report

Get KingsCrowd’s comprehensive report on Canvino including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Canvino is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Canvino deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge