Volley Tequila Seltzer
About this raise
Volley Tequila Seltzer, with a valuation of $15 million, is raising funds on Republic. The company makes clean tequila seltzer using only three real ingredients. The seltzer of Volley Tequila Seltzer comes in a variety of flavors and is sugar-free and gluten-free. The business sells its products through Liquor Barn, Luke’s Liquor, Costco, Whole Foods, and Total Wine & More and is growing its chain presence. Christopher Wirth and Camila Soriano founded Volley Tequila Seltzer in June 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, HR, production, and working capital.
Investment Overview
Invested $135,155 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +51% YoY
-
$875,235
as of FY2021
- Monthly Burn
-
$277,333
as of FY2021
-
Runway
-
8.3 months
as of FY2021
- Gross Margin
-
35%
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 |
---|---|---|---|---|---|---|
04/28/2023 | Republic | $15,000,000 | $135,155 | SAFE | Funded | RegCF |