Genuine Spirits
[Closed for Investment] Genuine Spirits is raising funds on Honeycomb. The company is based in Jacksonville, Florida, and specializes in alcohol supply, consulting, and import services. Genuine Spirits delivers top-class products and expert guidance to its clients and ensures quality and innovation. The company has won several awards for its products and has been featured in multiple publications. Troy Pepito founded Genuine Spirits in July 2022. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for inventory, growth capital, operational expenses, and launching merchandise on the e-commerce store.
Investment Overview
Raised: $68,750
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 07/29/2024
- Close Date
- 08/28/2024
$35,000
$75,000
$100
Debt
Pre-Seed
RegCF
13.50%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $71,241
- Monthly Burn
- $7,907
-
Runway
- 2 months
- Gross Margin
- 43%
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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 |
|---|---|---|---|---|---|---|
| 08/28/2024 | Honeycomb | - | $68,750 | Debt | Funded | RegCF |