Ironclad Distillery

Ironclad Distillery

Closed: Apr. 2019

About this raise: 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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Investment Overview

Invested this round: $229,862

Deal Terms

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

Company & Team

Company

Year Founded
2014
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Newport News, Virginia
Company Website
Visit Website

Team

Employees
7

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/22/2019 Microventures $2,500,000 $229,862 Equity - Preferred Funded RegCF
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Ironclad Distillery on Microventures
Platform: Microventures
Security Type: Equity - Preferred
Valuation: $2,500,000
Price per Share: $9.29

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Warning: according to the close date for this deal, Ironclad Distillery may no longer be accepting investments.

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