Pie Wine
Early Stage
Get To Know Pizza's New Best Friend
Overview
Raised: $23,207
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/18/2024
Close Date
04/29/2024
Min. Goal
$15,000
Max. Goal
$1,234,998
Min. Investment
$300
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$10,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/04/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$566
# of Investors
22
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Pie Wine, with a valuation of $10 million, is raising funds on StartEngine. The company makes tasty canned wine that pairs well with pizza. Pie Wine is California-grown, lightly carbonated, and is the ultimate pizza beverage to elevate the pizza experience to a whole new level. The business aims to generate revenue by selling its canned wine to wholesalers, retailers, consumers, restaurants, hotels, bars, and retail stores. Warren Alon Ezra, Kevin Michael Klein, and Joshua David Green founded Pie Wine in October 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for brand partnerships, marketing, e-commerce, and working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-302,455 |
$-78,750 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$61,899 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$61,899 |
$0 |
|
Short-Term Debt |
$442,553 |
$78,750 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$442,553 |
$78,750 |
Financials as of: 03/18/2024
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