Coral Club
About this raise
Coral Club, with a valuation of $2.38 million, is raising funds on Wefunder. It is a new cocktail bar in Nashville, Tennessee, celebrating the spirit of the city. Coral Club has 2,500 square feet of drinking space and an additional 1,300 square feet of seasonal rooftop deck and will bring about a vacation state of mind with its warm curves and biophilic design. The bar will be open year-round and will provide a safe and organic space for people to drink, gather, and make memories. Aaron Izaguirre, Kristopher Esqueda, Matthew Izaguirre, and Brice Hoffman founded Coral Club in February 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the cost of construction, equipment, furniture, and furnishings.
Investment Overview
Invested : $137,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/06/2024
- Close Date
- 06/27/2024
$50,000
$124,000
$250
Equity - Common
Seed
RegCF
$250.00
$2,375,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $375,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/27/2024 | Wefunder | $2,375,000 | $137,000 | Equity - Common | Funded | RegCF |