Fuego Fino on Wefunder

Woman-led, eco-friendly wine and spirits company

Raise to date: $30,563

Reporting Date: 05/31/2020

Key Stats

Minimum Raise

$50,005

Maximum Raise

$249,995

Likelihood of Max Extremely
Start Date

05/22/2020

Stop Date

09/18/2020

Days Remaining

108

Security Type

Preferred Stock

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

38

% of Minimum Raised

61%

% of Maximum Raised

12%

Dollars Per Day to Reach Max

$2,032

DPD* Committed

$3,396

DPD* Category

$141

DPD* All Companies

$1,028

Kingscrowd Momentum

$30,563

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Fuego Fino, with a pre-money valuation of $1.7 million, is raising funds on Wefunder. It is an eco-friendly wine and spirits company that bottles and distributes high-quality wines and spirits. The products are bottled close to where they are consumed to reduce costs and maintain quality. The company imports the highest quality spirits and distributes them to liquor stores and consumers. Fuego Fino was founded by Jessica Contreras in 2017 and has raised over $150,000 since its founding. The proceeds of the current round of crowdfunding, with a minimum goal of $50,005 and a maximum goal of $249,995, will be used to invest in product and supply chain and manage the operating and general and administrative expenses. Fuego Fino is into the business of a recession-proof product and already has its products in over 50 locations.

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