Chareau (2020)
About this raise
Chareau, with a pre-money valuation of $12 million, is raising funds on StartEngine. The company has crafted an all-natural liqueur made by combining aloe, cucumber, spearmint, lemon peel, and muskmelon. It is the first-of-its-kind liqueur for modern customers, made from the highest quality ingredients and without any artificial colors and flavors. Chareau was founded by Kurt Charron in 2019. The current round of crowdfunding has a minimum target of $9,996.75 and a maximum target of $249,999.75, and the funds will be used to grow the domestic market share. Chareau is currently operating at 65% margins and expects the margins to reach 70% by 2022. The company has generated $3.45 million in lifetime revenue, with $1 million in 2019 alone.
Investment Overview
Invested $249,885 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +89% YoY
- $1,071,265
- Monthly Burn
- $66,938
-
Cash on Hand
- $0
- Gross Margin
- 55%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/19/2025 | StartEngine | $16,308,025 | $101,909 | Equity - Common | Funded | RegCF |
11/23/2020 | StartEngine | $12,002,796 | $249,885 | Equity - Common | Funded | RegCF |
03/28/2019 | Wefunder | $6,510,000 | $518,214 | Equity - Common | Funded | RegCF |
05/01/2017 | Wefunder | $5,000,000 | $390,782 | Convertible Note | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.