Ron Artesano
Handmade rum made in the mountains of Puerto Rico
Overview
Raised: $123,243
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/10/2023
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$350,000
Min. Investment
$250
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
246%
% of Max. Goal
35%
Likelihood of Max
Avg. Daily Raise
$2,739
# of Investors
111
Momentum
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Ron Artesano, with a valuation of $3 million, is raising funds on Wefunder. The company manufactures and bottles premium handmade rum. The rum is handcrafted in the mountains of Puerto Rico by one of the most respected experts of rum, Mr. Javier Herrera. Ron Artesano has completely sold out the first two batches of Artesano Anejo and aims to sell the rum in Spain, Germany, Puerto Rico, Croatia, France, and the USA. Jose J. Muoz Gonzalez founded Ron Artesano in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000. The campaign proceeds will be used for production and packaging costs, operating expenses, marketing, and new market development.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$49,301 |
$0 |
|
COGS |
$27,189 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-93,796 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$20,404 |
$97,696 |
|
Accounts Receivable |
$49,301 |
$0 |
|
Total Assets |
$133,338 |
$105,335 |
|
Short-Term Debt |
$4,819 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,819 |
$0 |
Financials as of: 02/10/2023
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