Fierce & Kind
Early Stage
Premium Spirits
Overview
Raised: $22,484
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/17/2022
Close Date
03/16/2023
Min. Goal
$10,001
Max. Goal
$1,069,999
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
Funding Type
RegCF
Price Per Share
$1.35
Pre-Money Valuation
$13,500,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
42
% of Min. Goal
225%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$292
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
San Diego, California
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Fierce & Kind, with a valuation of $13.5 million, is raising funds on NetCapital. It is an employee and customer-owned spirits company that sells premium and sustainably-sourced spirits. The business also aims to create social justice and uplift the communities by sharing its profits through the Fierce & Kind Equity Foundation. Fierce & Kind sells products, including Straight Bourbon, American Vodka, and Reposado Tequila and plans to start direct-to-consumer distribution soon. Basem Harb and Cyndi Smith founded Fierce & Kind in August 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing and promotion, hiring and compensation, inventory, research and formulation, and general and administrative expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-6,211 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/17/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
