About this raise
Ron Artesano, with a valuation cap of $1 million, is raising funds on Wefunder. The company manufactures and bottles a premium handmade rum. The rum is crafted in the mountains of Puerto Rico by one of the most respected experts of rum, Mr. Javier Herrera. The company aims to sell Ron Artesano in Spain, Germany, Puerto Rico, Croatia, France, and the USA. Ron Artesano was founded by Jose Munoz, Rogelio Monzon, and Luis J Cruz-rivera in June 2020. The funds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $350,000, will be used for marketing, production and packaging costs, new market development, and operational expenses. Ron Artesano will work on a lean business model and intends to start distribution by the fourth quarter of 2021.
Investment Overview
Invested : $220,365
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/10/2020
- Close Date
- 12/10/2020
$50,000
$350,000
$100
SAFE
Pre-Seed
RegCF
$2,000,000
15%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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