Monkey Rum

Monkey Rum

Early Stage

Award-Winning Barrel Aged Rum

Award-Winning Barrel Aged Rum

Overview

Raised this Round: Raised: $425,058

Platform

Wefunder

Start Date

01/30/2017

Close Date

01/30/2017

Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,000,000

Discount

15%

Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Location

New York, New York

Monkey Rum, with a valuation of $2 million, is raising funds on Wefunder. The company makes premium barrel-aged rum using natural ingredients. Monkey Rum delivers its rum in high-quality and unique packaging, giving customers a spiced and coconut flavoured rum experience. The brand was created by international television star Zane Lamprey and has been inspired by his travel adventures. Ian Crystal and Zane Lamprey founded Monkey Rum in June 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for advertising, hiring brand ambassadors, and growth.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$76,233

$32,147

COGS

$43,131

$20,392

Tax

$0

$8

 

 

Net Income

$-15,741

$23

Summary Balance Sheet

FY 2016 FY 2015

Cash

$10,834

$7,767

Accounts Receivable

$11,535

$0

Total Assets

$42,925

$17,957

Short-Term Debt

$16,363

$11,134

Long-Term Debt

$3,800

$3,800

Total Liabilities

$20,163

$14,934

Financials as of: 01/30/2017
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Monkey Rum (previously Vera Roasting Company) 02/13/2017 Wefunder $2,000,000 $128,165 SAFE Funded RegCF
Monkey Rum 01/30/2017 Wefunder $2,000,000 $425,058 SAFE Not Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Monkey Rum on Wefunder 2017
Platform: Wefunder
Security Type: SAFE
Valuation: $2,000,000

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