KOKORO Spirits
[Closed for Investment] KOKORO Spirits, with a $3.5 million valuation cap, is raising crowdfunding on Wefunder. It is a socially responsible company that sources, curates, and promotes premium spirits from around the world. The purpose is to honor traditional distillation methods and celebrate and share the culture of various communities. Howard Cao founded KOKORO Spirits in 2018 and has raised over $160,000 since its founding. The current crowdfunding campaign has a minimum goal of $250,000 and a maximum goal of $350,000. The funds will be used for financing the initial order of products from the distiller, marketing, and operating expenses. KOKORO Spirits’ first product is an award-winning tequila. The business model of the company leverages the increase in consumer demand to build brand enthusiasts.
Investment Overview
Raised: $142,700
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 08/21/2020
- Close Date
- 06/30/2021
$50,000
$250,000
$100
SAFE
Seed
RegCF
$3,500,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Team
- Employees
- 1
- Prior Founder Exits?
- No
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/30/2021 | Wefunder | $3,500,000 | $142,700 | SAFE | Funded | RegCF |