LQR House

LQR House

Closed: Apr. 2023

About this raise: LQR House is raising funds on Dalmore Group through Reg A+ crowdfunding. The company aims to provide digital marketing and brand development services to companies in the alcoholic beverage space. Currently, LQR House is working on the development of premium limited batch spirits, establishing an exclusive wine club, and marketing brands. The products of LQR House include SWOL Tequila and Soleil Vino. Sean Dollinger founded LQR House in January 2021. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for acquiring distribution licenses and third-party brands, marketing, and working capital.

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Investment Overview

Invested this round: $17,700

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
02/22/2022
Close Date
Not Provided
Min. Goal
$100
Max. Goal
$20,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2021
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Lauderdale, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Sean Dollinger
Title
Founder

Financials

 Revenue
$0
 Monthly Burn
$288,024
 Runway
6.7 months

Balance Sheet

Cash and Cash Equivalents

$1,921,281

Accounts and Notes Receivable

$81,568

Total Assets

$2,002,849

Accounts Payable & Accrued Liabilities

$23,871

Long Term Debt

$0

Total Liabilities

$23,871

Total Stockholders' Equity

$1,978,978

Total Liabilities and Equity

$2,002,849

Statement of Comprehensive Income Information

Total Revenues

$59,675

Costs & Expenses Applicable to Rev

$45,331

Net Income

$-3,456,293

Earnings Per Share - Basic

$-0.10

Earnings Per Share - Diluted

$-0.10

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/28/2023 Dalmore Group $20,000,000 $17,700 Equity - Common Funded RegA+
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Add to portfolio
LQR House on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $1.00

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Follow LQR House on Dalmore Group 2022

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

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