About this raise
River Glen Cocktails, with a valuation of $14.3 million, is raising funds on NetCapital. The company creates, produces, and sells high-quality alcoholic beverages. River Glen Cocktails creates unique and distinguishable brands of spirits and distributes them through its key distributors and chains. The first product of River Glen, Kentucky 10 Bourbon, is available in 19 states, generated $1.25 million in revenue, and received Gold Medal 92-point from the Beverage Testing Institute. Brendan Feeley founded River Glen in May 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, production, and general and administrative expenses.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 12/06/2023
- Close Date
- 01/25/2024
$10,000
$500,000
$100
Equity - Common
Early Stage
RegCF
$2.21
$12,632,139
Company & Team
Company
- Year Founded
- 2023
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $102,526
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| River Glen Cocktails | 01/25/2024 | Netcapital | $12,632,139 | $0 | Equity - Common | Not Funded | RegCF |
| River Glen | 07/25/2023 | StartEngine | $12,525,070 | $102,526 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
