Yolo Rum
About this raise
Yolo Rum is helping you truly live your best “yolo” life. Distilled by legendary rum maker Don Pancho Fernandez, the former Cuban Minister of Rum for Fidel Castro for 40 years, Yolo Rum has already won 21 international rum awards and is sold in 200 Florida and Colorado locations. Still currently in their “proof of concept” phase, they’re now looking to become a major player in the rum market. They have distribution plans in place to be in more than 500 locations and several more states by the end of the year, and they have more than 29,000 social media followers. Plus, their attorneys are the ones who took Chipotle public -- so with that team, you might be soon indeed saying “cheers” -- Yolo style, that is.
Investment Overview
Invested : $460,134
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/20/2018
- Close Date
- 08/31/2018
$125,000
$1,000,000
$100
SAFE
RegCF
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Denver, Colorado
- Company Website
-
Visit Website
Team
- Employees
- 10
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/31/2018 | Wefunder | $5,000,000 | $460,134 | SAFE | Funded | RegCF |