Misguided Spirits
Misguided Spirits, with a valuation of $20 million, is raising funds on StartEngine. It is a premium house spirits brand that offers high-quality spirits. Misguided Spirits products are crafted by bartenders and include a mix of authenticity, exceptional quality, and a brand story. The products of Misguided Spirits bring a new approach to traditional spirits and house brands and work on a scalable model for national expansion. Chad Wodskow and James Zinkand founded Misguided Spirits in May 2023. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for company employment, working capital, and inventory.
Investment Overview
Raised: $43,646
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/26/2024
- Close Date
- 02/24/2025
$124,000
$1,235,000
$100
Equity - Common
RegCF
$10.00
$20,000,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Location
- Des Plaines, Illinois
- Company Website
-
Visit Website
Team
- Employees
- 12
Financials
-
Revenue
- $2,007,598
- Monthly Burn
- $119,740
-
Runway
- 9 months
- Gross Margin
- 35%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/24/2025 | StartEngine | $20,000,000 | $43,646 | Equity - Common | Active | RegCF |