Maggie’s Farm Rum
About this raise
Maggie’s Farm Rum, with a valuation of $9 million, is raising funds on Honeycomb. It is an award-winning rum distillery in Pittsburgh, Pennsylvania, known for its best-in-class rum. Maggie’s Farm Rum is a part of Allegheny Spirits and is the manufacturer, wholesaler, and retailer of distilled spirits with bar and restaurant concepts. The business has won the Best Overall Rum award at the San Francisco World’s Spirit Competition, Best-in-Show Spirit at the American Craft Spirits Competition, Best-in-Class Rum at the American Distilling Institute, and Liquer-of-the-Year at Tales of the Cocktail/New Orleans Spirits Competition. Timothy Russell founded Maggie’s Farm Rum in November 2024. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.24 million. The campaign proceeds will be used as working capital for sales and marketing.
Investment Overview
Committed $167,417 :
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +0% YoY
- $1,651,112
- Monthly Burn
- $39,426
-
Runway
- 6.6 months
- Gross Margin
- 79%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/03/2025 | Honeycomb | $9,000,000 | $167,417 | Equity - Common | Active | RegCF |