Splash Wines

Splash Wines

Growth Stage

Never Buy A Wine That Doesn’t Meet Your Highest Expectations

Never Buy A Wine That Doesn’t Meet Your Highest Expectations

Overview

Raised to Date: Raised: $1,035,337

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/22/2023

Close Date

10/30/2023

Min. Goal
$14,999
Max. Goal
$3,000,000
Min. Investment

$499

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.87

Pre-Money Valuation

$29,972,865

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/04/2023

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

$8,026

# of Investors

675

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Eagle, Idaho

Business Type

Growth

Splash Wines, with a valuation of $29.97 million, is raising funds on StartEngine. It is a direct-to-consumer e-commerce wine company that delivers value-oriented wines to customers’ doorsteps. The customers get to choose a curated case or build their own case of wines and get them delivered as early as the next day or within 2-3 days. Splash Wines experienced a 2.5 times growth in revenue from 2019 to 2022 and generated $29.6 million in revenue in 2022. Robert Mackay Imeson founded Splash Wines in October 2014. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, inventory, and competitor acquisition.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$29,579,543

$42,552,927

COGS

$25,085,839

$37,947,745

Tax

$163,303

$81,074

 

 

Net Income

$396,210

$840,137

Summary Balance Sheet

FY 2022 FY 2021

Cash

$372,302

$391,464

Accounts Receivable

$695,626

$30,266

Total Assets

$8,900,545

$7,865,252

Short-Term Debt

$6,796,430

$6,379,557

Long-Term Debt

$226,605

$0

Total Liabilities

$7,023,035

$6,379,557

Financials as of: 06/22/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Splash Wines 10/29/2023 StartEngine $29,972,865 $1,035,337 Equity - Common Funded RegCF
Splash Wines 05/17/2018 SeedInvest $15,000,000 $459,533 Equity - Preferred Funded RegCF / RegD 506(c)
Create a free account today to gain access to KingsCrowd analytics.

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

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Splash Wines on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $29,972,865
Price per Share: $1.87

Follow company

Follow Splash Wines on StartEngine 2023

Buy Splash Wines's Deal Report

Warning: according to the close date for this deal, Splash Wines may no longer be accepting investments.

Splash Wines Deal Report

Get KingsCrowd’s comprehensive report on Splash Wines including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Splash Wines is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Splash Wines deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge