Cleveland Whiskey

Disrupting the whiskey industry

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Categories
Alcohol, Retail
Min Investment
$250
Location
Cleveland, OH
Expected Close Date
March 01, 2021
Target Raise
$250.00K-$1.07M
No. Investors
68
Security Price
$1,000
Number of Employees
16
Cash
$347,889
Revenue
$2,005,312
Short Term Debt
$313,380
Cost of Goods
$901,198
Long Term Debt
$617,243
Net Income
$-167,102

Key Deal Facts

Pitch Video



Investor Panel
Investor Panel
1 million bottles sold, through 3,000+ retail outlets.
500%+ valuation growth since 2016, from $8.5M to $43.2M.
Disrupting a whiskey industry worth $68B.
175+ medals won globally, and awarded "Whiskey Innovator of the Year".
Patented tech transforms whiskey with unique woods in hours vs years.
New 45,000 sqft riverfront facility increases production 4X immediately with infrastructure for 20X.
Positioned for acquisition in market where craft distillery exits reached 11-16X (not guaranteed).
Led by serial entrepreneur with proven exits, backed by veteran industry team and strategic board.

Management Team / Advisory Board Bios

$1M+ Revenue
Earned over the last 12 months, Tom LixFounder/Chief Executive OfficerSerial entrepreneur, technology innovator and seasoned leader with packaged goods, software/new product marketing experience., Donald G CoffeyChief Science OfficerFormer Executive Vice President of Research, Development, and Innovation at MGP Ingredients, a leader in whiskey, neutral spirits, and gin manufacturing in the U.S. Holds a PhD in Food Chemistry from Michigan State University, Andrew LixNational Sales DirectorSales and distribution leader who has grown with the company since 2012, driving revenue from initial launch through national expansion., Johanna BarnowskiMarketing DirectorCreative marketing professional with diverse experience in digital strategy, PR, and brand development across multiple industries., James WaltzDistillery ManagerExperienced distiller combining practical production knowledge with formal training in fermentation and flavor development.
Amount Raised : $384,795
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