Uncle Arnie's
About this raise
Uncle Arnie's, with a valuation of $20 million, is raising funds on SeedInvest. The company is an accessible and delicious cannabis beverage brand to speak to the hippy, legacy consumer. Arnie’s is potent, tasty, and packed with nanomolecular technology. Ave Miller founded Uncle Arnie’s in Q2 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,235,000. The campaign proceeds will be used for state-by-state expansion, research and development, marketing, building inventory and HR.
Investment Overview
$439,271 - Total
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 12/19/2022
- Close Date
- 01/27/2023
$25,000
$1,235,000
$1,010
Equity - Common
Growth Stage
RegCF
/ RegD 506(c)
$101.00
$20,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +218% YoY
-
$1,268,000
as of FY2021
- Monthly Burn
-
$121,200
as of FY2021
-
Runway
-
0.7 months
as of FY2021
- Gross Margin
-
40%
as of FY2021
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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 |
|---|---|---|---|---|---|---|
| 01/27/2023 | SeedInvest | $20,000,000 | $439,271 | Equity - Common | Funded | RegCF / RegD 506(c) |