Tambour Original

Tambour Original

Closed: Sep. 2016

About this raise

Tambour Original, with a valuation of $4 million, is raising funds on Wefunder. The company makes spirits that are born in Africa and celebrated in the USA. Tambour Original’s products include Sodabi Pur and Sodabi Arrange, that are tropical like rum, refined like whiskey, and complex like gin. The business has received United States federal sales approval and has reported consistent growth in local markets over the past three years. Jake Muhleman, Eric Newton, and Kassandra Klaritsch founded Tambour Original in July 2012. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $100,000. The campaign proceeds will be used to rent a larger facility, increase efficiencies in production, and buy an increased capacity still.

Expand

Investment Overview

Invested this round: $84,312

Deal Terms

Platform
Wefunder
Start Date
07/27/2016
Close Date
09/24/2016
Min. Goal
$20,000
Max Goal
$100,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

25%

Company & Team

Company

Year Founded
2012
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
Canandaigua, New York
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
as of FY2015
 Monthly Burn
$4,057
as of FY2015
 Runway
1.1 months
as of FY2015

Summary Profit and Loss Statement

FY 2015 FY 2014

Revenue

$194

$575

COGS

$0

$0

Tax

$700

$709

 

 

Net Income

$-48,684

$-37,392

Summary Balance Sheet

FY 2015 FY 2014

Cash

$4,304

$10,793

Accounts Receivable

$0

$0

Total Assets

$58,415

$55,511

Short-Term Debt

$3,316

$4,090

Long-Term Debt

$0

$0

Total Liabilities

$3,316

$4,090

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$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
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/24/2016 Wefunder $4,000,000 $84,312 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Tambour Original on Wefunder 2016
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

Follow company

Follow Tambour Original on Wefunder 2016

Buy Tambour Original's Deal Report

Warning: according to the close date for this deal, Tambour Original may no longer be accepting investments.

Tambour Original Deal Report

Get Kingscrowd's comprehensive report on Tambour Original including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Tambour Original is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Tambour Original deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge