Coral Spirits (Equity)
Funding Details
Awarder
StartEngine
Date Award
November 8, 2023
Vertical
Alcoholic Beverages
Funding URL
View Funding Page
Premoney Valuation
$17,800,000
Valuation
$17,800,000
Funding Amount
$96,158,550
Company Info
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
Market
Alcohol
Location
Conroe, TX, US
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.

Links
Website
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