PaQuì Tequila (2021)

PaQuì Tequila (2021)

About this raise

PaQui Tequila, with a pre-money valuation of $15 million, is raising funds on StartEngine. The company makes delicious and luxurious tequila with floral, grassy aromas, sweet agave fruit, and a smooth finish. The tequila is handcrafted using Blue Weber Agave in sterile conditions and using fresh wine yeast. John Chappell founded PaQui Tequila in June 2017. The current crowdfunding round has a minimum target of $9,998.26 and a maximum target of $4,389,436, and the funds will be used for marketing, expansion to more states, and establishing the brand. PaQui Tequila offers a delicious taste profile along with its fun spirit and huge market opportunity.

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Investment Overview

Invested this round: $330,536

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
04/27/2021
Close Date
10/27/2021
Min. Goal
$9,998
Max Goal
$4,389,436
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.74

Pre-Money Valuation

$15,006,347

Company & Team

Company

Year Founded
2017
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
John Chappell
Title
CEO

Financials

 Revenue +84% YoY
$222,059
 Monthly Burn
$102,648
 Runway
1.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$222,059

$120,383

COGS

$323,995

$90,482

Tax

$0

$0

 

 

Net Income

$-1,231,777

$-417,271

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$153,618

$8,976

Accounts Receivable

$41,761

$18,281

Total Assets

$237,033

$99,689

Short-Term Debt

$677,731

$603,438

Long-Term Debt

$378,002

$29,077

Total Liabilities

$1,055,733

$632,515

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/27/2021 StartEngine $15,006,347 $330,536 Equity - Common Funded RegCF
06/29/2020 StartEngine $8,000,000 $1,069,918 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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PaQui Tequila on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,006,347
Price per Share: $2.74

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Warning: according to the close date for this deal, PaQuì Tequila may no longer be accepting investments.

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