Ironclad Distillery
Early Stage
Small-batch bourbon distillery & tasting room
Overview
Raised: $229,862
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
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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