Pure Brands Company
About this raise
Pure Brands Company, with a valuation of $10.01 million, is raising funds on StartEngine. The company has developed a ready-to-drink cocktail, Buena Fe, using authentic, 100% blue agave tequila and high-quality organic ingredients. Pure Brands Company has established distribution partnerships in ten states and has received pre-orders from them. Patty Baer and Andrew Bushby founded Pure Brands Company in January 2022. The current crowdfunding campaign has a minimum target of $9,992.09 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, research and development, company employment, and operations.
Investment Overview
Invested : $50,461
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/24/2023
- Close Date
- 08/24/2023
$9,992
$1,234,983
$153
Equity - Common
Early Stage
RegCF
$9.01
$10,011,011
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$104,649
as of FY2022
-
Cash on Hand
-
$95
as of FY2022
- Gross Margin
-
17%
as of FY2022
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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 |
|---|---|---|---|---|---|---|
| 08/24/2023 | StartEngine | $10,011,011 | $50,461 | Equity - Common | Funded | RegCF |