OTACA Tequila

[Closed for Investment] OTACA Tequila, with a valuation of $20 million, is raising funds on StartEngine. The company makes high-quality top-shelf sipping artisanal tequila at a mid-level price. The business uses a triple filtration and calling process to create smooth tequila without a burning sensation. OTACA Tequila has packed and bottled 25,000 bottles of its debut product, Tequila Plata, and will be self-distributing to over 600 locations. Anthony Accetta founded OTACA Tequila in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used to fund the distribution of the product nationally and worldwide.

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Investment Overview

Raised this Round: Raised: $726,826

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
08/31/2021
Close Date
03/31/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$19,999,994

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Aliso Viejo, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Nicole Accetta
Title
Co-Founder, CFO
Founder Name
Anthony Acceta
Title
Co-Founder, CEO

Financials

 Revenue
$0
 Monthly Burn
$12,714
 Runway
1.9 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-152,563

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$23,809

$0

Accounts Receivable

$0

$0

Total Assets

$486,376

$0

Short-Term Debt

$45,836

$0

Long-Term Debt

$500,000

$0

Total Liabilities

$545,836

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/28/2023 StartEngine $21,434,269 $42,711 Equity - Common Funded RegCF
01/20/2023 Title3Funds $38,000,000 $178,159 Equity - Common Funded RegCF
03/31/2022 StartEngine $19,999,994 $726,826 Equity - Common Funded RegCF
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Growth Charts

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

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OTACA Tequila on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $19,999,994
Price per Share: $1.00

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