Ron Artesano

Ron Artesano

Early Stage

Handmade rum made in the mountains of Puerto Rico

Handmade rum made in the mountains of Puerto Rico

Overview

Raised to Date: Raised: $129,453

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2023

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    Open SEC Filing

Valuation Cap

$3,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,639

# of Investors

121

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Jayuya, Puerto Rico

Business Type

Growth

Company Website

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

FY 2021 FY 2020

Revenue

$49,301

$0

COGS

$27,189

$0

Tax

$0

$0

 

 

Net Income

$-93,796

$0

Summary Balance Sheet

FY 2021 FY 2020

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: 02/09/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ron Artesano 04/29/2023 Wefunder $3,000,000 $129,453 Convertible Note Funded RegCF
Ron Artesano 12/09/2020 Wefunder $2,000,000 $220,365 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Ron Artesano on Wefunder 2023
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,000,000

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