Overview
Raised: $1,069,854
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/17/2022
Close Date
12/09/2022
Min. Goal
$9,999
Max. Goal
$1,069,998
Min. Investment
$300
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$3.00
Pre-Money Valuation
$19,980,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$5,193
# of Investors
773
Momentum
Funded
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Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
ROCK’N Vodka, with a valuation of $20 million, is raising funds on StartEngine. The company makes unique, double-gold, award-winning vodka. The vodka of ROCK’N Vodka is 100% non-GMO and made using sugarcane. The business has also partnered with Rock & Roll Hall of Fame Legend Rick Nielsen of Cheap Trick. ROCK’N Vodka is known for its unique flavor and celebrity-owned status and sells through retailers, including Walmart, Target, Total Wine, Kroger, and Goody Goody. Isabelle Roiniotis and Andrew Roiniotis founded ROCK’N Vodka in June 2015. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998. The campaign proceeds will be used to expand to new states, activate more partnerships, add staff, continue to grow the social portfolio, and increase work tastings.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$179,928 |
$113,502 |
|
COGS |
$125,204 |
$13,712 |
|
Tax |
$554 |
$0 |
| ||
| ||
|
Net Income |
$-42,310 |
$6,082 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$553 |
$9,604 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$754 |
$9,940 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$67,894 |
$34,770 |
|
Total Liabilities |
$67,894 |
$34,770 |
Financials as of: 05/17/2022
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