ONE ROQ Spirits

ONE ROQ Spirits

Early Stage

Escape The Ordinary. Own Your Spirit.

Escape The Ordinary. Own Your Spirit.

Overview

Funding data not publicly available
Platform

Andes Capital

Start Date

01/11/2023

Close Date

12/22/2023

Min. Goal
$10,000
Max. Goal
$3,937,541
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.79

Pre-Money Valuation

$42,000,000

Year Founded

2012

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Buffalo, New York

Business Type

Growth

ONE ROQ Spirits, with a valuation of $42 million, is raising funds on Andes Capital. The company owns ONE ROQ Vodka, an adult beverage brand, and a membership community that focuses on redefining brand experience through equity, lifestyle, and reward. ONE ROQ Spirits has won several awards for its taste and design and reported a 118% increase in sales and a 94% increase in registered app users in 2021. Garrett Green founded ONE ROQ Spirits in 2012. The current crowdfunding campaign has a minimum target of $9,998.82 and a maximum target of $3.9 million. The campaign proceeds will be used for digital acquisition, inventory production, G&A, marketing and events, and legal and accounting expenses.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$123,982

$64,510

COGS

$111,956

$26,647

Tax

$0

$0

 

 

Net Income

$-564,807

$-462,201

Summary Balance Sheet

FY 2021 FY 2020

Cash

$20,751

$72,376

Accounts Receivable

$37,296

$21,180

Total Assets

$306,049

$195,936

Short-Term Debt

$166,680

$97,681

Long-Term Debt

$118,482

$130,540

Total Liabilities

$285,162

$228,221

Financials as of: 01/11/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ONE ROQ Spirits 12/21/2023 Andes Capital $42,000,000 - Equity - Common Funded RegCF
ONE ROQ Spirits 02/08/2022 StartEngine $23,179,353 $1,062,459 Equity - Common Funded RegCF
ONE ROQ Spirits 04/14/2020 StartEngine $10,100,000 $1,000,000 Equity - Common 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

Funding data not publicly available

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ONE ROQ Spirits on Andes Capital 2023
Platform: Andes Capital
Security Type: Equity - Common
Valuation: $42,000,000
Price per Share: $0.79

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