Chareau on StartEngine

"Our New Cocktail Secret Weapon" - Food & Wine Magazine

Raise to date: $26,885

Reporting Date: 06/30/2020

Key Stats

Minimum Raise

$9,997

Maximum Raise

$250,000

Likelihood of Max Extremely
Start Date

06/29/2020

Stop Date

09/24/2020

Days Remaining

81

Security Type

Common Stock

Investment Minimum

$243

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

47

% of Minimum Raised

269%

% of Maximum Raised

11%

Dollars Per Day to Reach Max

$2,755

DPD* Committed

$26,885

DPD* Category

$0

DPD* All Companies

$2,143

Kingscrowd Momentum

$26,885

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Chareau, with a pre-money valuation of $12 million, is raising funds on StartEngine. The company has crafted an all-natural liqueur made by combining aloe, cucumber, spearmint, lemon peel, and muskmelon. It is the first-of-its-kind liqueur for modern customers, made from the highest quality ingredients and without any artificial colors and flavors. Chareau was founded by Kurt Charron in 2019. The current round of crowdfunding has a minimum target of $9,996.75 and a maximum target of $249,999.75, and the funds will be used to grow the domestic market share. Chareau is currently operating at 65% margins and expects the margins to reach 70% by 2022. The company has generated $3.45 million in lifetime revenue, with $1 million in 2019 alone.

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