Ron Artesano

Handmade rum made in the mountains of Puerto Rico

Analytics

Raised to Date: $220,365

Aggregate Commitments $
Platform

Wefunder

Start Date

09/10/2020

Close Date

12/10/2020

Min. Goal

$50,000

Max. Goal

$350,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$2,000,000

Discount Rate

15%

Rolling Commitments $
Status
Funded
Reporting Date

12/31/2020

Days Remaining
Funded
% of Min. Goal

441%

% of Max. Goal

63%

Likelihood of Max
Funded
Avg. Daily Raise

$2,422

# of Investors

361

Momentum
Funded
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Location

Jayuya, Puerto Rico

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Ron Artesano, with a valuation cap of $1 million, is raising funds on Wefunder. The company manufactures and bottles a premium handmade rum. The rum is crafted in the mountains of Puerto Rico by one of the most respected experts of rum, Mr. Javier Herrera. The company aims to sell Ron Artesano in Spain, Germany, Puerto Rico, Croatia, France, and the USA. Ron Artesano was founded by Jose Munoz, Rogelio Monzon, and Luis J Cruz-rivera in June 2020. The funds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $350,000, will be used for marketing, production and packaging costs, new market development, and operational expenses. Ron Artesano will work on a lean business model and intends to start distribution by the fourth quarter of 2021.
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