Native Spirits
[Closed for Investment] Native Spirits is raising funds on Honeycomb. It is a whisky house in Brevard, North Carolina, that crafts a distinctive line of whiskies. Native Spirits is bringing back the rich heritage of whisky production with the traditions of Appalachia, embodying the culture and spirit of the mountain people. The business sold 850 bottles of whisky in the first three months of operations and has an average of 900 new visitors per month on its website, indicating growing interest and engagement. Shawn Hamilton founded Native Spirits in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for promotional sales expenses, digital marketing, and refinancing high-interest debt.
Investment Overview
Raised: $6,950
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 07/24/2024
- Close Date
- 09/08/2024
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
14.00%
3.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
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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 |
|---|---|---|---|---|---|---|
| 09/08/2024 | Honeycomb | - | $6,950 | Debt | Not Funded | RegCF |