Fuego Fino
[Closed for Investment] Fuego Fino, with a pre-money valuation of $6.21 million, is raising funds on Wefunder. It is an eco-friendly wine and spirits company that bottles and distributes high-quality wines and spirits. The products are bottled close to where they are consumed to reduce costs and maintain quality. The company imports the highest quality spirits and distributes them to liquor stores and consumers. Jessica Contreras founded Fuego Fino in 2017. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $418,554, will be used to invest in the product and supply chain and manage the operating and general and administrative expenses. Fuego Fino is into the business of a recession-proof product and already has its products in over 50 locations.
Investment Overview
Raised: $188,567
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 04/23/2021
- Close Date
- 11/26/2021
$50,000
$418,554
$500
Equity - Preferred
Seed
RegCF
$1.00
$2,950,000
$6,210,026
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $16,600
- Monthly Burn
- $4,615
-
Runway
- 11.6 months
- Gross Margin
- 22%
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.