Caribbean Smooth Ou-Oui!
About this raise
Caribbean Smooth Ou-Oui!, with a valuation cap of $5.5 million, is raising crowdfunding on Wefunder. The company manufactures and markets premium liquor made from real fruits and rum. The real tropical fruits, flavors, and spices create a smooth experience for women by replacing alcohol’s harsh taste. Nigel Walwyn founded Caribbean Smooth Ou-Oui! in 2014 and has raised over $255,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing, packaging redesign, office expenses, insurance, and licenses. Caribbean Smooth Ou-Oui! has sold over 3,000 cases in more than 200 accounts in four markets. The company has forged a strategic partnership with Florida Distillers and has a pending partnership with MHW.
Investment Overview
Invested $68,326 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -65% YoY
- $33,744
- Monthly Burn
- $5,552
-
Runway
- 2 months
- Gross Margin
- 16%
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/18/2021 | Wefunder | $5,500,000 | $68,326 | Convertible Note | Funded | RegCF |