Festive Beverage
About this raise
Festive Beverages, under the trade name WingDing, is raising crowdfunding on StartEngine. The company has a pre-money valuation of $3.25 million. Festive Beverages has developed a line of ready-to-drink alcoholic beverages in flexible pouches, including Margarita, Electric Lemonade, Long Island Iced Tea, Strawberry Daiquiri, and Strawberry Colada. Festive Beverages was founded by Andy Powell and Julie Powell in January 2013. The company is presently localized in the Tampa Bay area of Florida and the proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used to expand the company nationally. The products of Festive Beverages have already won several awards and are well-appreciated in the Tampa Bay area.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/08/2019
- Close Date
- 06/07/2019
$10,000
$107,000
$500
Equity - Common
Early Stage
RegCF
$5.00
$3,250,000
Company & Team
Company
- Year Founded
- 2013
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Capital Intensity
- Location
- Sarasota, Florida
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/07/2019 | StartEngine | $3,250,000 | $0 | Equity - Common | Not Funded | RegCF |
