[Closed for Investment] OTACA Tequila, with a valuation of $38 million, is raising funds on Title3Funds. The company makes high-quality, top-shelf sipping artisanal tequila at a mid-level price. The business uses a triple filtration and chilling 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. The upcoming expressions of OTACA Tequila include Reposado and Anejo and will be released soon by allocation only. Anthony Accetta founded OTACA Tequila in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Raised: $178,159
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $134,671
- Monthly Burn
- Profitable
- Cash on Hand
- $642,714
- Gross Margin
- 56%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $726,826
- VC Backed?
- No
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.