Gemini Bottle Co.

Gemini Bottle Co.

Closed: Jul. 2024

About this raise

Gemini Bottle Co. is raising funds on SMBX. The company provides a unique selection of natural wines, spirits, snacks, and beers from all over world. Gemini Bottle Co. is focused on small and local producers who create the products with their care and concern all over California. It also offers free weekly tastings and a monthly wine club. The business has a loyal customer base and offers something for everyone, be it natural wine or other classics. Alexander Pomerantz and Dominique Henderson founded Gemini Bottle Co. in September 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $25,000. The campaign proceeds will be used for additional inventory, website redevelopment, and working capital.

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Investment Overview

Invested this round: $25,000

Deal Terms

Total Commitments

Platform
SMBX
Start Date
06/05/2024
Close Date
07/02/2024
Min. Goal
$10,000
Max Goal
$25,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

2.0 years

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
San Francisco, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Dominique Henderson
Title
CEO
Founder Name
Alexander Pomerantz
Title
CFO and Partner

Financials

as of Fiscal Year 2023
 Revenue -10.3% YoY
$859,038
 Monthly Burn
$8,451
 Runway
7.2 months
Gross Margin
38%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$859,038

$957,823

COGS

$536,231

$649,040

Tax

$0

$0

 

 

Net Income

$-101,408

$-5,440

Summary Balance Sheet

FY 2023 FY 2022

Cash

$60,765

$172,242

Accounts Receivable

$35,165

$685

Total Assets

$550,047

$588,708

Short-Term Debt

$167,802

$92,518

Long-Term Debt

$473,682

$482,220

Total Liabilities

$641,484

$574,738

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/02/2024 SMBX - $25,000 Debt Funded RegCF
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Gemini Bottle Co. on SMBX 2024
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Gemini Bottle Co. may no longer be accepting investments.

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