Local Choice Spirits
Early Stage
Boutique spirits and private-label brand management.
Overview
Raised: $68,801
Total Commitments ($USD)
Platform
Microventures
Start Date
06/22/2018
Close Date
08/20/2018
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2018
Days Remaining
Funded
% of Min. Goal
138%
% of Max. Goal
6%
Likelihood of Max
Funded
Avg. Daily Raise
$1,166
# of Investors
163
Momentum
Funded
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Year Founded
2010
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Daniel Island, South Carolina
Local Choice Spirits (LCS) is a spirits company that helps celebrities and entrepreneurs build brands by creating custom boutique spirits. Created in 2010 by “Pixie” Paula Dezzutti Hewlette, who has an extensive background in the spirits industry, LCS’s revenue has increased over 200% from 2014 to 2017. They’ve also won more than 40 awards in the past five years. Notable partnerships include The Legendary Hatfield & McCoy Family Brand Whiskey, Dwight Eubanks and his Eubanks Gin Collection, and Boosie Badazz’s Boosie Juice Vodka. LCS manages the entire production process for its customers, and works with partners to promote the products, move them through the distribution process, and then into retail.
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