Splash Wines
[Closed for Investment] Splash Wines, with a valuation of $29.97 million, is raising funds on StartEngine. It is a direct-to-consumer e-commerce wine company that delivers value-oriented wines to customers’ doorsteps. The customers get to choose a curated case or build their own case of wines and get them delivered as early as the next day or within 2-3 days. Splash Wines experienced a 2.5 times growth in revenue from 2019 to 2022 and generated $29.6 million in revenue in 2022. Robert Mackay Imeson founded Splash Wines in October 2014. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, inventory, and competitor acquisition.
Investment Overview
Raised: $1,035,337
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 06/23/2023
- Close Date
- 10/30/2023
$14,999
$3,000,000
$499
Equity - Common
Pre-Seed
RegCF
$1.87
$29,972,865
Company & Team
Company
- Year Founded
- 2014
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue -30.5% YoY
- $29,579,543
- Monthly Burn
- Profitable
- Cash on Hand
- $372,302
- Gross Margin
- 15%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $95,500
- VC Backed?
- No
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.