Oak & Eden Whiskey

Oak & Eden Whiskey

Growth Stage

Infusing whiskey tradition with patented innovation

Infusing whiskey tradition with patented innovation

Overview

Raised this Round: Raised: $175,278

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/30/2023

Close Date

12/04/2023

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Pre-Money Valuation

$108,997,000

Year Founded

2017

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Foodtech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Location

Westlake, Texas

Business Type

Growth

Oak & Eden Whiskey, with a valuation of $108.9 million, is raising funds on Wefunder. The company has created the world’s first and patented in-bottle finished whiskey. Oak & Eden Whiskey begins the process by traditionally curating the bourbons and whiskeys and aging them in charred American White Oak barrels but ends it by putting the secondary barrel into the barrel instead of finishing the whiskey in a secondary barrel. Oak & Eden Whiskey has a revenue run rate of $8.5 million, with a 34% year-over-year increase. Joseph Giildenzopf and Brad Neathery founded Oak & Eden Whiskey in April 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing through paid ad spend and attending trade shows.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$5,779,833

$6,093,136

COGS

$3,285,483

$3,206,336

Tax

$0

$0

 

 

Net Income

$-3,338,273

$-2,257,657

Summary Balance Sheet

FY 2022 FY 2021

Cash

$2,137,408

$4,514,012

Accounts Receivable

$959,929

$781,515

Total Assets

$5,295,407

$6,739,180

Short-Term Debt

$740,237

$329,946

Long-Term Debt

$496,747

$96,004

Total Liabilities

$1,236,984

$425,950

Financials as of: 08/30/2023
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Oak & Eden Whiskey 12/04/2023 Wefunder $108,997,000 $175,278 Equity - Common Funded RegCF

No prior online funding rounds.

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Oak & Eden Whiskey on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $108,997,000
Price per Share: $1.00

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