Fuego Fino on Wefunder

Platform

Wefunder

Start Date

04/23/2021

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$418,554

Min. Investment

$500

Security Type

Equity – Preferred

Funding Type

RegCF

Pre-Money Valuation

$6,210,026

Rolling Commitments $

Status

Active

Reporting Date

04/24/2021

Days Remaining

371

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Hallandale Beach, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Fuego Fino, with a pre-money valuation of $6.21 million, is raising funds on Wefunder. It is an eco-friendly wine and spirits company that bottles and distributes high-quality wines and spirits. The products are bottled close to where they are consumed to reduce costs and maintain quality. The company imports the highest quality spirits and distributes them to liquor stores and consumers. Jessica Contreras founded Fuego Fino in 2017. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $418,554, will be used to invest in the product and supply chain and manage the operating and general and administrative expenses. Fuego Fino is into the business of a recession-proof product and already has its products in over 50 locations.

Summary of Crowdfunding Raises
04/30/2022 Wefunder $6,210,026 $0 Equity – Preferred Active RegCF
09/16/2020 Wefunder $1,490,000 $256,418 Equity – Preferred Confirmed Closed RegCF

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