Ron Artesano

Ron Artesano

Early Stage

Handmade rum made in the mountains of Puerto Rico

Handmade rum made in the mountains of Puerto Rico

Overview

Raised to Date: Raised: $220,365

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/09/2020

Close Date

12/10/2020

Min. Goal
$50,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,422

# of Investors

361

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Jayuya, Puerto Rico

Business Type

Growth

Company Website

Ron Artesano, with a valuation cap of $1 million, is raising funds on Wefunder. The company manufactures and bottles a premium handmade rum. The rum is crafted in the mountains of Puerto Rico by one of the most respected experts of rum, Mr. Javier Herrera. The company aims to sell Ron Artesano in Spain, Germany, Puerto Rico, Croatia, France, and the USA. Ron Artesano was founded by Jose Munoz, Rogelio Monzon, and Luis J Cruz-rivera in June 2020. The funds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $350,000, will be used for marketing, production and packaging costs, new market development, and operational expenses. Ron Artesano will work on a lean business model and intends to start distribution by the fourth quarter of 2021.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0
Financials as of: 09/09/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ron Artesano 04/29/2023 Wefunder $3,000,000 $129,453 Convertible Note Funded RegCF
Ron Artesano 12/09/2020 Wefunder $2,000,000 $220,365 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Ron Artesano on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $2,000,000

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