Howie’s Spiked

Howie’s Spiked

Howie’s Spiked, with a valuation of $37 million, is raising funds on Wefunder. The company makes unique ready-to-drink cocktails that combine coffee and alcohol. Howie’s Spiked’s coffee beverages are spiked with premium spirits or sugar brews and are crafted with natural ingredients. The business distributes to over 20 states and projects to sell 1.5 million cans of coffee beverages by the end of 2024. Lawrence M. Trachtenbroit and Gregory Howard founded Howie’s Spiked in February 2023. The current crowdfunding campaign has a minimum target of $49,999.95 and a maximum target of $500,000. The campaign proceeds will be used for operational costs, marketing and advertising, product research and development, and general working capital.

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Investment Overview

Raised this Round: Raised: $6,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
11/28/2024
Close Date
03/31/2025
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$350

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.38

Early Bird Valuation

$34,085,595

Pre-Money Valuation

$37,007,217

Company & Team

Company

Year Founded
2023
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
Basking Ridge, New Jersey
Company Website
Visit Website

Team

Employees
3

Financials

as of Fiscal Year 2023
 Revenue
$1,087,734
 Monthly Burn
$134,395
 Runway
0.6 months
Gross Margin
25%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,087,734

$852,395

COGS

$818,105

$728,373

Tax

$0

$0

 

 

Net Income

$-1,612,735

$-612,934

Summary Balance Sheet

FY 2023 FY 2022

Cash

$82,428

$185,192

Accounts Receivable

$167,951

$139,951

Total Assets

$644,402

$414,296

Short-Term Debt

$788,514

$161,120

Long-Term Debt

$1,364,488

$149,041

Total Liabilities

$2,153,002

$310,161

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2025 Wefunder $37,007,217 $6,500 Equity - Common Active RegCF
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Add to portfolio
Howie’s Spiked on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $37,007,217
Price per Share: $0.38

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