This company is no longer in business. Investors can get details about any potential exits or failures here.

Material Vodka

Material Vodka

Early Stage

Organic, non-GMO, grain vodka made in the U.S.

Organic, non-GMO, grain vodka made in the U.S.

Overview

Raised to Date: Raised: $90,869

Total Commitments ($USD)

Platform

Microventures

Start Date

12/12/2017

Close Date

01/23/2018

Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.12

Pre-Money Valuation

$654,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,216

# of Investors

244

Momentum
Funded
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Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

New York, New York

Who Should Be Interested:
Are you’re interested in vodka that’s non-GMO, organic, and ethically-minded>? Or, are you interested in more funding for the arts? Well then, look no further than Material Vodka. They use their profits to help fund alternative and radical art, and their vodka is award-winning. Cheers to a win-win!

The Company:
Material Vodka launched in 2015 and is partnered with Redwood Spirits to create their simple and elegant vodka. Their MicroVenture page states that, “Material Vodka is a philanthro-capitalist initiative for alternative and radical art. Material Vodka uses the sale of its vodka – named among the 10 best vodkas in America by Food Republic in 2016 – as a force for change in the art world. Material Vodka sets aside 10% of all profits to go towards a cash prize, awarded each year to a progressive creator by an independent board of artists and curators. The company has also sponsored, hosted, or participated in over 100 events in Los Angeles and New York City, including film premieres, museum openings, film festivals, fashion presentations, benefit events, and more. Currently, Material Vodka has more than 60 accounts in NYC and LA, including the Standard Hotels and Mission Chinese Food.” Plus, the four co-founders have deep vodka industry, art, and law experience -- the perfect combination needed creating Material Vodka with it’s art focus.

The Bottom Line:
Material Vodka means that both fantastic art and fabulous cocktails can benefit. You can fund artists -- and have your martini too. Who doesn’t love that?
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Material Vodka on MicroVentures
Platform: Microventures
Security Type: Equity - Preferred
Valuation: $654,000
Price per Share: $0.12

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

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