Really Good Boxed Wine on SeedInvest 2022

Really Good Boxed Wine on SeedInvest 2022

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Analytics


Raised to Date:

$82,630 – RegCF
$582,630 – Total

Security Type

Equity – Preferred

Funding Type

RegCF
/ RegD 506(c)

Pre-Money Valuation

$6,700,000

Reporting Date

07/19/2022

Likelihood of Max

extremely

Momentum

hot.svg

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Location

Cincinnati, Ohio

Industry

Alcohol, Tobacco, & Recreational Drugs

Really Good Boxed Wine, with a valuation of $6.7 million, is raising funds on SeedInvest. The company makes high-end wine and packages it in boxes that cost less and keep the wine fresh even after opening. The boxed wine of Really Good Boxed Wine costs ten times less and keeps wine fresh up to six weeks after opening. Really Good Boxed Wine launched nationally in January 2022 and has generated a lifetime revenue of $159,000. Jake Whitman founded Really Good Boxed Wine in April 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for salaries, media and marketing, tech stack, wine purchases, and operating expenses.

Summary Profit and Loss Statement

Revenue

$28,500

$0

COGS

$11,187

$0

Tax

$0

$0

 

 

Net Income

$43,608

$0

Summary Balance Sheet

Cash

$240,183

$0

Accounts Receivable

$9,500

$0

Total Assets

$302,304

$0

Short-Term Debt

$10,662

$0

Long-Term Debt

$340,001

$0

Total Liabilities

$350,663

$0

Financials as of: 07/18/2022

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