Wanderlust Wine Co.
About this raise
Wanderlust Wine Co. is raising funds on Honeycomb. It is a winery and tasting room in Austin, Texas, designed for both newcomers and connoisseurs. Wanderlust Wine Co. is dedicated to sustainability and follows eco-friendly practices, including eco-conscious packaging, sustainable wine kegs, and high-quality ingredients. The winery has received notable recognition, including the People’s Choice Keggy Award from Flow Free Wines in 2021 and the Best Winery from The Austin Chronicle in 2022 and 2023. Sammy Lam founded Wanderlust Wine Co. in June 2019. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for retail packaging production, brewery and distillery licensing, inventory, and working capital.
Investment Overview
Not Funded: $19,750
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 06/26/2024
- Close Date
- 08/08/2024
$60,000
$124,000
$100
Debt
Quarterly
RegCF
10.75%
3.0 years
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -3.2% YoY
-
$2,167,734
as of FY2023
- Monthly Burn
-
$34,361
as of FY2023
-
Cash on Hand
-
$58,823
as of FY2023
- Gross Margin
-
74%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 08/08/2024 | Honeycomb | - | $19,750 | Debt | Not Funded | RegCF |