Carolina Steele Family Distillery
Early Stage
Distillery
Overview
Raised: $74,000
Total Commitments ($USD)
Platform
Seed At The Table
Start Date
09/15/2023
Close Date
11/30/2023
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$1,000
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$6,000,000
Discount
20%
Year Founded
2023
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Carolina Steele Family Distillery is raising funds on Seed At The Table. It is a bespoke micro-distillery in Iowa that offers a variety of brands in the distilled spirits industry. Carolina Steele Family Distillery is the sister company of Timeless Spirits and Drinks and helps in the expansion of the current brands and the addition of new brands. The business’s product portfolio includes coconut rum, vodka, mango rum, and other unique blends and innovative drink concepts. Amber Ferrell-Steele founded Carolina Steele Family Distillery in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, manufacturing, equipment purchases, purchases of real property, and general 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 |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$150,000 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/15/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Carolina Steele Family Distillery | 11/30/2023 | Seed At The Table | $6,000,000 | $74,000 | SAFE | Funded | RegCF |
No prior online funding rounds.
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