Blind Barrels

Blind taste test rare whiskeys at home; loved by a community with less than 4% churn

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Security Type
CAFES
Categories
Financial Services, Alcohol, Food & Beverage, Consumer Goods & Products
Min Investment
$100
Location
Los Angeles, , CA
No. Investors
80

Key Deal Facts

Exclusive access to rare craft whiskeys only available in their native states.
Revenue on track to hit $1.1M in 2024 after doubling year over year (not guaranteed).
Industry-low churn rate of under 4%, compared to the 10-15% average.
Partnered with Fred Minnick, the top American whiskey critic.
$78M serviceable obtainable market in the U.S. craft whiskey sector.
Many whiskeys in our line-up are award-winning craft whiskey

Management Team / Advisory Board Bios

Notable Angel
Raised $25k or more from a notable angel investor, Fast Growth
Revenue growing 2X/yr for at least prior 6 months, Profitable
Profitable for prior 3 months and expect same in future, Bobby DeMars CEOAward-winning filmmaker with a penchant for innovation, Bobby DeMars is disrupting the spirits industry as the founder of Blind Barrels., Josh GreenbaumCFONotable financial author and speaker Josh Greenbaum brings his expertise in strategic planning and budgeting to drive growth and success., Michael SpeakmanAdvisor & InvestorAs the owner of Westerly Wine, Michael combines his expertise in winemaking and business strategy to navigate the competitive alcohol market. He brings a wealth of experience in growing successful brands.
Amount Raised : $424,911
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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