Uncle Ed’s Vodka

Early Stage

Uncle Ed's is a cause-based spirits company that gives more than it takes!

Overview

Raised to Date: Raised: $123,117

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/01/2022

Close Date

03/09/2023

Min. Goal

$75,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$20,000,000

Valuation Cap

$25,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/31/2023

Days Remaining
Funded
% of Min. Goal

164%

% of Max. Goal

12%

Likelihood of Max
Funded
Avg. Daily Raise

$962

# of Investors

28

Momentum
Funded
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Year Founded

2021

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Boise, Idaho

Business Type

Growth

Uncle Ed’s Vodka, with a valuation of $25 million, is raising funds on Wefunder. It is a cause-based spirits company that makes high-quality and premium vodka. The vodka of Uncle Ed’s Vodka is all-natural, gluten-free, has no carbs and sugar, and comes in classic and tropical expressions flavors. Uncle Ed’s Vodka is also creating equity for native Hawaiians and partnering with them to benefit the Hawaiian community. Walt Kerpa founded Uncle Ed’s Vodka in January 2021. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1.07 million. The campaign proceeds will be used for launching a strong direct-to-consumer marketing campaign, brand awareness, and hiring additional team members.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$315,603

$0

COGS

$213,259

$0

Tax

$11,643

$0

 

 

Net Income

$-1,127,515

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$175,107

$0

Accounts Receivable

$97,409

$0

Total Assets

$3,289,790

$0

Short-Term Debt

$234,956

$0

Long-Term Debt

$690,221

$0

Total Liabilities

$925,177

$0

Financials as of: 11/01/2022
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Uncle Ed’s Vodka on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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