Uncle Waithley’s Beverage Company
About this raise
Uncle Waithley’s Beverage Company, with a valuation of $8.01 million, is raising funds on StartEngine. The company makes delicious and all-natural ginger beer with authentic Caribbean roots. The business uses fresh and natural ingredients and the bold flavor of Scotch Bonnet Pepper to create a unique beverage. Uncle Waithley’s Beverage Company has a growing customer base and sells through Whole Foods, Boisson, and 35 more retail establishments. Karl Williams founded Uncle Waithley’s Beverage Company in November 2022. The current crowdfunding campaign has a minimum target of $9,993.72 and a maximum target of $1.07 million. The campaign proceeds will be used for inventory, working capital, sales and account support team, in-store tastings and demos, and marketing.
Investment Overview
Invested : $292,532
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/10/2023
- Close Date
- 07/31/2023
$9,994
$1,069,999
$251
Equity - Common
Pre-Seed
RegCF
$7.37
$8,005,323
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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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 |
|---|---|---|---|---|---|---|
| 07/31/2023 | StartEngine | $8,005,323 | $292,532 | Equity - Common | Funded | RegCF |