Ponfeigh Distillery
About this raise
Ponfeigh Distillery, with a valuation of $11 million, is raising funds on Honeycomb. It is the largest functional distillery in Pennsylvania, dedicated to restoring Monongahela Rye and its rich whiskey heritage. Ponfeigh Distillery has a portfolio of four rye-forward spirits and sells through its 13 Pennsylvania stores and to hundreds of bars and restaurants. The distillery has received several awards for its spirits and has garnered positive reviews and feedback from notable Instagram influencers. Maximilian Merrill founded Ponfeigh Distillery in August 2011. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.2 million. The campaign proceeds will be used to fill 700 whiskey barrels of rye, build a music event stage, create a barrel barn, and develop a bottling line.
Investment Overview
Not Funded: $31,883
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 11/29/2024
- Close Date
- 02/12/2025
$100,000
$1,214,478
$100
Equity - Common
Early Stage
RegCF
$67,471.00
$9,826,531
Company & Team
Company
- Year Founded
- 2011
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$137,754
as of FY2023
- Monthly Burn
-
$17,232
as of FY2023
-
Runway
-
24+ months
as of FY2023
- Gross Margin
-
87%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 02/12/2025 | Honeycomb | $9,826,531 | $31,883 | Equity - Common | Not Funded | RegCF |