Ironclad Distillery

Early Stage

Small-batch bourbon distillery & tasting room

Overview

Raised to Date: Raised: $229,862

Total Commitments ($USD)

Platform

Microventures

Start Date

02/12/2019

Close Date

04/22/2019

Min. Goal

$50,008

Max. Goal

$534,993

Min. Investment

$102

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$9.29

Pre-Money Valuation

$2,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

460%

% of Max. Goal

43%

Likelihood of Max
Funded
Avg. Daily Raise

$3,331

# of Investors

342

Momentum
Funded
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Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

Newport News, Virginia

Ironclad Distillery, with a pre-money valuation of $2.5 million, is raising on MicroVentures. The company produces its signature small-batch bourbon whiskey, one batch at a time, along with other unique bourbons like bourbon finished in coffee casks, maple syrup casks, and honey casks. Ironclad Distillery was founded by Owen King and Stephen King. The company completed its first equity crowdfunding raise in early 2018 and used the proceeds to open a tasting room and a distillery shop. The current crowdfunding round has a minimum target of $50,008.07 and a maximum target of $534,992.52. Ironclad Distillery generated revenues of $264,591 in 2018, up 82.75% year-over-year.
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Ironclad Distillery on Microventures
Platform: Microventures
Security Type: Equity - Preferred
Valuation: $2,500,000

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