Palm Springs Bottle Shop
About this raise
Palm Springs Bottle Shop is raising funds on SMBX. It is a specialty wine, beer, spirits, and food shop in Palm Springs, California. Palm Springs Bottle Shop specializes in selling brands and products owned by BIPOC, LGBTQ+, and women makers. The business has two locations where it has hosted events and partnered with organizations like the Palm Springs Art Museum, Palm Springs Pride, GED Magazine, Brothers of the Desert, and more. Christopher White, David Marks, Gillian Fitzgerald, and Sierra Mitchell founded Palm Springs Bottle Shop in March 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $60,000. The campaign proceeds will be used for marketing, publicity, advertising, and working capital.
Investment Overview
Invested $65,080 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +230% YoY
- $233,549
- Monthly Burn
- Profitable
- Cash on Hand
- $42,341
- Gross Margin
- 54%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/29/2024 | SMBX | - | $65,080 | Debt | Funded | RegCF |