Really Good Boxed Wine

Early Stage

High-end boxed wine brand

Analytics

Raised to Date:
$555,188 - RegCF
$1,370,190 - Total

Aggregate Commitments $

Platform

SeedInvest

Start Date

07/18/2022

Close Date

08/26/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF / RegD 506(c)

Series

Pre-Seed

Price Per Share

$0.66

Pre-Money Valuation

$6,700,000

Rolling Commitments $

Status
Funded
Reporting Date

08/31/2022

Days Remaining
Funded
% of Min. Goal

2,221%

% of Max. Goal

52%

Likelihood of Max
Funded
Avg. Daily Raise

$14,236

Momentum
Funded
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Location

Cincinnati, Ohio

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Really Good Boxed Wine, with a valuation of $6.7 million, is raising funds on SeedInvest. The company makes high-end wine and packages it in boxes that cost less and keep the wine fresh even after opening. The boxed wine of Really Good Boxed Wine costs ten times less and keeps wine fresh up to six weeks after opening. Really Good Boxed Wine launched nationally in January 2022 and has generated a lifetime revenue of $159,000. Jake Whitman founded Really Good Boxed Wine in April 2021. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $650,000, and a maximum target of $1,070,000. The campaign proceeds will be used for salaries, media and marketing, tech stack, wine purchases, and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$28,500

$0

COGS

$11,187

$0

Tax

$0

$0

 

 

Net Income

$43,608

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$240,183

$0

Accounts Receivable

$9,500

$0

Total Assets

$302,304

$0

Short-Term Debt

$10,662

$0

Long-Term Debt

$340,001

$0

Total Liabilities

$350,663

$0

Financials as of: 07/18/2022
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Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Boxed wine.

If the thought just made you cringe, you are not alone.  

In the United States, boxed wine is synonymous with low quality. Some of that judgment could come from its association with college drinking. Or it could be from the inherently diminished experience of drinking wine from a cardboard box instead of an elegant bottle. But I think the true reason is simple: the wine itself is just bad

Now, if someone gave you a box of wine and told you it was premium quality, how would you react? Maybe you’d immediately dismiss it as a marketing ploy. Or maybe you’d give it a chance.

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Really Good Boxed Wine on SeedInvest 2022
$
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $6,700,000

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