Spiked ~ Sorbet meets booze

Spiked ~ Sorbet meets booze

Alcohol-infused frozen desserts for an untapped market — innovation made perfect

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Categories
Retail, Alcohol, Food & Bev
Min Investment
$100
Location
Whittier, CA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.07M
No. Investors
37
Security Price
$0.90
Valuation
$10,000,000
Website
enjoyspiked.com
Number of Employees
4
Cash
$122,458
Revenue
$12,787
Short Term Debt
$53,913
Cost of Goods
$41,578
Long Term Debt
$251,640
Net Income
$-715,595

Key Deal Facts

Huge new product category — US TAM (overall market) estimated at over $1.6 Billion with no dominant player...yet
Ready to grow now! Selected to attend EDC Las Vegas 2023 (Levy) & poised to break into Forum Shops at Caesars Palace
NLP tech for 'freezing alcohol' protects the company with a genuine technology moat, keeping the competition at bay
Executive team with extensive experience in the alcohol & ice cream industries, along with a proven track record
Board of advisors with experience in business scaling and billions of dollars in exits
17+ flavors and multiple B2B & B2C revenue channels buffer against market volatility — funds also grow our online store
Ability to white-label custom & proprietary cocktail flavors for select clientele
A deep understanding of federal- and state-level alcohol regulatory issues

Management Team / Advisory Board Bios

Arshia Noori CEO*Financial and capital markets expertise including 5 years prior experience as an institutional equity research analyst

*Vice President at NuVessl Inc., the developer of NLP technology, Enrique Balderas Acting COO & Business Development *10+ years of experience with alcohol beverage product development, sourcing, and contract negotiation

*Over a decade of work in brand consultancy and distilled spirits distribution

*Alcohol industry, financial, and company formation expertise, Niels Pearson Acting Chief Regulatory Officer * Attorney and entrepreneur with prior frozen dessert experience

* Expertise in the licensing, permitting, and regulation of alcohol-infused confections at both federal and state levels
Amount Raised : $64,877
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