Chareau

[Closed for Investment] Chareau, the world’s first natural aloe liquor company with a pre-money valuation of $6.51 million, is raising on WeFunder. Chareau is a refreshing alcoholic spirit made from aloe vera plant and is a versatile liquor that can be mixed in any cocktail or had on the rocks. The ingredients are all sourced from the local farms of California, and every step of processing is done by hand. Chareau is the brainchild of Kurt Charron. In the previous rounds of funding, Chareau has raised about $1.78 million from more than 232 investors, and the current crowdfunding round is set to launch on February 19, 2019. Chareau is a good investment as it has already made its place in over 2,500 bars and restaurants. It reported $940,000 in revenues in 2018, with an annual growth rate of 84% and gross margins of 70%.

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Investment Overview

Raised this Round: Raised: $518,214

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
02/19/2019
Close Date
03/28/2019
Min. Goal
$50,050
Max. Goal
$500,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.55

Pre-Money Valuation

$6,510,000

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
Camarillo, California
Company Website
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Team

Employees
3

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
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
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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.

Employee History

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Chareau on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $6,510,000
Price per Share: $4.55

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Warning: according to the close date for this deal, Chareau may no longer be accepting investments.

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