The Free Spirits Company

Leading the global shift in drinking culture | Non-alcoholic spirits & liqueurs

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Security Type
Crowd SAFE
Min Investment
$100
Location
MILL VALLEY, CA
Offering Date
October 12, 2022
Expected Close Date
June 02, 2023
Target Raise
$25.00K-$1.24M
No. Investors
272
Security Price
$1
Number of Employees
7
Cash
$137,565
Revenue
$1,624,827
Short Term Debt
$1,117,494
Cost of Goods
$613,764
Long Term Debt
$13,675
Net Income
$-835,212

Company Description

Here's the thing: we're not teetotalers here at The Free Spirits Company. Many of us still decide to drink alcohol. But since we brought Free Spirits into the world, we now have the ability to drink less alcohol without sacrificing the quality or quantity of the cocktails we drink.

Perks

Reserve
$250
Receive
A feature as a Founding Partner on our website + Founders discount code for 25% off your next order.

Reserve
$500
Receive
All of the above + The Free Spirits Foursome.

Reserve
$1,000
Receive
All of the above + Founder's Discount Code for 25% off for a year.

Reserve
$2,500
Receive
All of the above + Founder's Discount Code for 25% off for three years.

Reserve
$5,000
Receive
All of the above + 25% off card for a special Friend or Family member + first taste on all new expressions.

Reserve
$10,000
Receive
All of the above + honorary Board Seat with The Free Spirits Company and quarterly calls with Management Team.

Reserve
$50,000
Receive
All of the above + input into our next expression (which one, name, etc)
Limited (5 left of 5)

Reserve
$100,000
Receive
All of the above + catered non-alcoholic event at the location of your choosing feating our very own Steve, The Brit Behind Bars, mixing up custom concoctions for you and up to 25 guests. Within continental US. Outside, done virtually.
Limited (4 left of 4)

Reserve
$250,000
Receive
All of the above + Free Spirits for life! Receive a fresh set of all expressions each quarter!
Limited (2 left of 2)

Key Deal Facts

Sales growing at 350% YoY in fastest-growing segment of US beverage market
Non-alcoholic expressions of loved spirits, used for no & low alc cocktails
Featured in Epicurious, NY Post, People, LA Times, NBC, CNET & more
Distributed nationally at Total Wine & More, Safeway/Albertsons, HyVee...
Founded in '19 by brand leader Milan Martin (Ogilvy&Mather, Anheuser-Busch)

Management Team / Advisory Board Bios

Brandy Parkerson
Head of Customer Experience

Jesse Rhan
Head of Sales

Tim Anto
Head of Supply Chain

Sarah Raimo
Publicity & Partnerships

Liam Clickenger
Community Ambassador

Masha Vysotska
Social Media

Steve Turner
Education & Liquid Innovation

Jon Lee Fox
Head of Digital & Ecommerce

Hetal Modi
Finance & Operations

Dave McCarthy
Commercial Advisor

Lupine Hammack
Brand

Steve Surman
Strategic Advisor
Amount Raised : $137,435
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Management Team
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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