Municipal Winemakers
About this raise
Municipal Winemakers is raising funds on SMBX. The business crafts high-quality, sustainable wine and has its own tasting rooms. Municipal Winemakers is breaking the mold of traditional wineries by being community-focused and fostering local connections. The winery’s tasting rooms are the places to sample wine and for people to gather, learn, and become part of the ever-growing wine community. David Potter founded Municipal Winemakers in July 2007. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used for building out a new location in Ventura, California.
Investment Overview
Invested $124,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2007
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +5% YoY
- $1,546,801
- Monthly Burn
- $1,968
- Cash on Hand
- $150,874
- Gross Margin
- 81%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/01/2024 | SMBX | - | $124,000 | Debt | Funded | RegCF |