Canvino
About this raise
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.
Investment Overview
Invested : $71,781
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 12/01/2021
- Close Date
- 04/30/2022
$25,000
$1,070,000
$100
SAFE
Early Stage
RegCF
$6,500,000
20%
Company & Team
Company
- Year Founded
- 2012
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $3,584
- Monthly Burn
- $5,368
-
Runway
- 0 months
- Gross Margin
- 4%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | Republic | $6,500,000 | $71,781 | SAFE | Funded | RegCF |
