About this raise
Skeptic Distillery, the creator of fresh and smooth natural spirits, is raising funds on WeFunder. The company retains the freshness of its ingredients by using the cold vacuum distillation process. The spirits of Skeptic Distillery, mainly vodka and gin, do not contain sugar or other additives and are sold at various bars, restaurants, online, and stores. Skeptic Distillery was founded by Karl C Loepke and has raised $415,711 since its inception. The current crowdfunding round has a minimum target of $250,000 and a maximum target of $500,000, and the funds will be used towards equipment, raw materials, inventory, tasting-room buildout, facility improvement, and operating capital. Skeptic Distillery generated $53,000 in revenues in the past 12 months and expects to reach breakeven next year.
Investment Overview
Invested $114,854 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $36,792
- Monthly Burn
- $5,302
-
Runway
- 1 months
- Gross Margin
- 76%
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