Diggs Boys Bourbon

Diggs Boys Bourbon

Early Stage

Multi-brand spirits company

Multi-brand spirits company

Overview

Raised to Date: Raised: $94,930

Total Commitments ($USD)

Platform

Seed At The Table

Start Date

03/28/2022

Close Date

Not Provided

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$300

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,062

# of Investors

87

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

North Wales, Pennsylvania

Business Type

Growth

Diggs Boys Bourbon, with a valuation of $3 million, is raising funds on Seed At The Table. It is a multi-brand spirits company based in Philadelphia, PA. The company has designed the Diggs Boys Bourbon brand with the soul of the Harlem Renaissance and aims to showcase the period of black excellence and achievement. Diggs Boys Bourbon had over 3,000 bottles reserved in less than 30 days of the launch announcement and has been asked to do multiple TV shows, podcasts, and interviews. Michael Earley founded Diggs Boys Bourbon in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, manufacturing, research and development, equipment purchases, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,000

$0

Accounts Receivable

$0

$0

Total Assets

$20,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/28/2022
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Diggs Boys Bourbon on Seed At The Table 2022
Platform: Seed At The Table
Security Type: SAFE
Valuation: $3,000,000

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