Subject to Change Wine
About this raise
Subject to Change Wine is raising funds on SMBX. It is a winery in Richmond, California, that makes a variety of wines combining the Californian culture and high-quality ingredients. Subject to Change Wine makes both fresh wines and wines aged for years using ingredients sourced from responsibly farmed vineyards, native yeast, and no sulfur. The business is highly focused on the quality of its wines and its community and offers a fair and respectful environment. Alex Pomerantz founded Subject to Change Wine in June 2017. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $300,000. The campaign proceeds will be used for rebranding and the launch and production of a new brand, All Hours.
Investment Overview
Invested $76,330 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +13% YoY
- $1,558,561
- Monthly Burn
- $9,409
- Cash on Hand
- $63,794
- Gross Margin
- 59%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/01/2024 | SMBX | - | $76,330 | Debt | Funded | RegCF |