Sandinista Tequila
About this raise
Sandinista Tequila, with a valuation of $8.34 million, is raising funds on StartEngine. The company makes its tequila reposado flavored with lime, sriracha, and a blend of spices. The tequila of Sandinista Tequila is highly differentiated and designed ground up to be sustainable and scalable. Sandinista Tequila has a distribution contract with Republic National Distributing Company for 33 states in the US and with Park Street Imports for supplying and importing for all 50 US states. David Larson founded Sandinista Tequila in September 2019. The current crowdfunding campaign has a minimum target of $9,998.10 and a maximum target of $999,996.30. The campaign proceeds will be used for marketing, inventory, employment, and operations.
Investment Overview
Invested : $21,039
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/20/2023
- Close Date
- 06/29/2023
$9,998
$999,996
$248
Equity - Common
Early Stage
RegCF
$6.90
$8,337,187
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$7,010
as of FY2022
-
Runway
-
3.6 months
as of FY2022
- Gross Margin
-
64%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $694,264
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/29/2023 | StartEngine | $8,337,187 | $21,039 | Equity - Common | Funded | RegCF |
