Cara Wines, Inc.

Cara Wines, Inc.

Early Stage

Bringing the taste of Italy to wine lovers

Bringing the taste of Italy to wine lovers

Overview

Funding data not publicly available
Platform

Title3Funds

Start Date

09/13/2023

Close Date

08/07/2024

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$30,000,000

Year Founded

2022

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

CASPER, Wyoming

Business Type

Growth

Cara Wines, with a pre-money valuation of $30 million, is raising funds on Title3Funds. The company is both a brand of wine and a wine distribution company focusing on providing high-quality and exceptional Italian wines to wine enthusiasts, retailers, and restaurants. Cara Wines specializes in importing exquisite wines directly from renowned Italian vineyards and subsequently distributing these exceptional selections across the entire United States. The company has secured retail agreements with 3,000+ prominent convenience stores, including well-known names like 7-Eleven and BevMo, and expects to generate approximately $7 million in annual revenue from this partnership. Aaron Varasteh and Brooke Davies a co-founders. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds include marketing expenses, product procurement, warehousing & distribution, employees & consultants, legal fees, and working capital

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$100

$0

Accounts Receivable

$0

$0

Total Assets

$100

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/13/2023
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Cara Wines on Title3Funds 2023
Platform: Title3Funds
Security Type: Equity - Common
Valuation: $30,000,000
Price per Share: $1.00

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