Crafty Elk
About this raise
Crafty Elk, with a valuation of $7 million, is raising funds on Wefunder. The company makes organic and gluten-free hard juice cocktails. Crafty Elk’s cocktails are made using unique functional formulations and clean ingredients, including premium spirits, vegetable pulps, juice, prickly pear, goji berries, ginger, turmeric, and more. Six of the Crafty Elk formulations have been selling for over seven years, and three new tequila cocktails are in trial runs. Greg Gilliland founded Crafty Elk in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for manufacturing goods, marketing, and human resources.
Investment Overview
Not Funded: $10,600
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/16/2023
- Close Date
- 12/08/2023
$50,000
$1,235,000
$100
Convertible Note
Early Stage
RegCF
$7,000,000
5%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$150
as of FY2022
-
Runway
-
9.2 months
as of FY2022
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/08/2023 | Wefunder | $7,000,000 | $10,600 | Convertible Note | Not Funded | RegCF |