Timeless Spirits and Drinks
About this raise: Timeless Spirits and Drinks is raising funds on Seed At The Table. It is a beverage company that specializes in the production and distribution of spirits and drinks. The business is particularly known for its Timeless Vodka, made using fine ingredients, along with its Zeal Coconut Rum and Zeal Mango Rum. Timeless Spirits and Drinks is known for its product excellence, brand story and identity, and consumer-centric approach. Amber Ferrell-Steele founded Timeless Spirits and Drinks in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, manufacturing, purchase of real property, and general working capital.
Investment Overview
Invested : $0
Deal Terms
Total Commitments ($USD)
- Platform
- Seed At The Table
- Start Date
- 06/21/2023
- Close Date
- 08/15/2023
$50,000
$124,000
$500
SAFE
Pre-Seed
RegCF
Uncapped
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +61% YoY
- $253,833
- Monthly Burn
- Profitable
- Cash on Hand
- $0
- Gross Margin
- 87%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/15/2023 | Seed At The Table | - | $0 | SAFE | Funded | RegCF |