Paul Cullen Wines
About this raise: Paul Cullen Wines, with a valuation of $750,000, is raising funds on Wefunder. It is a wine company founded by a former rockstar who turned into a private chef and sommelier. Paul Cullen Wines sells affordable and delicious wines with stories behind them and ships them to 40 states. The business sells through 60 retailers as well and reported a two-times growth in wine sales from 2022 to 2023. Paul Cullen founded Paul Cullen Wines in February 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for inventory, marketing through digital ad spend, and hiring.
Investment Overview
Committed : $119,550
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/15/2024
- Close Date
- 04/30/2025
$50,000
$500,000
$100
Equity - Preferred
Pre-Seed
RegCF
$7.50
$750,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $89,979
- Monthly Burn
- $4,186
-
Runway
- 6.4 months
- Gross Margin
- 59%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | Wefunder | $750,000 | $119,550 | Equity - Preferred | Active | RegCF |