Artisanal Distillates

Artisanal Distillates

Growth Stage

Your guide to the world of mezcal

Your guide to the world of mezcal

Overview

Raised to Date: Raised: $92,187

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/28/2021

Close Date

09/22/2021

Min. Goal
$10,000
Max. Goal
$1,069,995
Min. Investment

$275

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Early Bird Valuation

$27,795,000

Pre-Money Valuation

$32,700,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2021

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

$521

# of Investors

68

Momentum
Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Brooklyn, New York

Business Type

Growth

Artisanal Distillates, with a pre-money valuation of $32.7 million, is raising funds on StartEngine. It is a mezcal company that is helping people explore the world of mezcal with its products and educational resources. The company sells artisanal mezcals through its two brands, Peloton and Leyendas. Daniel Mena and Cesar Gonzalez founded Artisanal Distillates in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,069,995, will be used to complete the mezcal portfolio and increase volume. Artisanal Distillates sells in 31 states through 1,500 bars and restaurants and 1,500 retail stores. The brands of Artisanal Distillates have grown by 40% in the past five years and are outperforming the industry.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,022,162

$120,238

COGS

$902,061

$88,910

Tax

$0

$0

 

 

Net Income

$-6,106

$-78,458

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,859

$5,231

Accounts Receivable

$0

$0

Total Assets

$208,934

$5,231

Short-Term Debt

$56,622

$0

Long-Term Debt

$1,315

$0

Total Liabilities

$57,937

$0

Financials as of: 03/28/2021
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Artisanal Distillates on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $32,700,000
Price per Share: $5.00

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