Coral Spirits (Equity)

Funding Details
Awarder
StartEngine
Date Award
November 08, 2023
Vertical
Alcoholic Beverages
Funding URL
View Funding Page
Premoney Valuation
$17,800,000
Valuation
$17,800,000

Company Info
Founding Year
Not provided
Traction
Over the past 18 months, Coral Spirits has developed and tested their pouches with the world's largest flexible packaging manufacturer. Production on their two patent-pending pouches is slated to launch in Q1 2024.
Revenue Amount
$261,377,000
Organizations Involved
Target, Total Wine, H-E-B, Kroger's
Founders
Marko C. Kaluderovic, Mike Biviano, Russell Allan Watkins
Company Description
At Coral Spirits & Company, we're reshaping the premium beverage market with our innovative patent-pending pouches and unique agave formula. Our products are gluten-free and all-natural, derived from 100% Blue Agave. We target consumers through multi-channel sales, providing additional revenue streams both B2B and direct to consumer.
Market
Alcohol
Location
Conroe, TX, US
Coinvestors
None

Links
Back to Home Back to Alcoholic Beverages Deals View Funding Announcement