GET A PIECE OF COOL CAT
POP THE CAN, NOT THE CORK
$173,234.20 Raised
REASONS TO INVEST
Cool Cat is disrupting the wine industry with its award-winning line of better-for-you sparkling cocktails that are easily transportable, environmentally conscious, and appealing to the next generation of wine drinkers.
As a minority-founded company committed to diversity, inclusivity, and representation, Cool Cat is not just a brand, it's a movement that's inspiring growth and building a community. The company has been featured across publications like Fortune, Oprah, Rolling Stone, and more. Kelly Ripa is quoted saying it’s “the sparkling beverage of the future!”
Cool Cat's simple yet powerful business model generates revenue through distributor purchase orders, allowing the brand to gain significant traction with distribution in over 1,000 stores across 24 states, including national accounts like Target, Total Wine & More, and BevMo!
the pitch
The Sparkling Cocktail Disrupting the Wine Industry
Cool Cat is an award-winning line of low calorie sparkling cocktails that's making waves in the wine category. With a high ABV of 6.9%, 140 cals, and 2 grams of sugar, Cool Cat is a refreshing option that's easily transportable and environmentally conscious. With distribution in national accounts like Target, Total Wine & More, and BevMo! in over 1,000 stores across 24 states, Cool Cat is quickly gaining momentum. Led by a diverse and experienced team, Cool Cat is committed to inspiring growth and building a fearless community of like-minded individuals, making this the perfect investment for forward-thinking investors.
OUR BUSINESS MODEL
Revolutionizing Sales and Shattering Barriers
Cool Cat has a simple yet powerful business model that centers around generating revenue through distributor purchase orders. Due to regulatory restrictions, Cool Cat is only able to sell to distributors, who then sell to retailers, and eventually, to consumers. This strategic approach allows the brand to generate sales across all three groups - distributors, retailers, and consumers - without ever selling directly to consumers.
One of the most compelling aspects of Cool Cat is their unwavering commitment to diversity, inclusivity, and representation. These values are at the forefront of their business, and they hope to inspire other minority-owned companies to follow suit. They work closely with their partners to ensure their brand is highlighted as such, and that it receives the necessary resources to succeed. In short, Cool Cat is not just a brand, it's a movement, and they believe that they are poised to make a significant impact on the industry moving forward.
*These testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.
THE MARKET & OUR TRACTION
A Wine Cocktail with Diverse Appeal
Cool Cat is making wine more approachable and inclusive to the next generation of wine drinkers.
Cool Cat is poised to address the growing demand for wine cocktails and appeal to a diverse, multicultural market. The wine cocktail category has experienced significant growth in 2021, up +48.5% in value and +35.5% in volume. As the wine industry aims to attract new, younger, and more diverse consumers, Cool Cat's RTD single serving sizes offer convenience, new flavors, and styles that align with the evolving consumer preferences. With only 25% of Gen Z and younger Millennials drinking wine, and a relatively low percentage of non-White consumers, Cool Cat's commitment to inclusion is an important differentiator in the market. The team has been pleased to see increasing support from retailers for minority-founded companies, and they look forward to capitalizing on this momentum.
Cool Cat is a game-changing wine brand that's making waves in the RTD category. With its refreshing taste, high ABV of 6.9%, and portability, it is a standout product that's easy to take on the go. What's more, Cool Cat is environmentally conscious, with its recyclable packaging making it a smart choice for those looking to minimize their carbon footprint. Cool Cat offers more bang for your buck, with one can equaling two glasses of wine and a four-pack coming close to two bottles of wine. And with only 140 calories, 2G of sugar, and gluten-free, Cool Cat is the better-for-you wine. The brand is led by a diverse leadership team with over 80 years of professional experience, including key hires from Pernod Ricard, Monster Energy, and Essentia Water. Exciting updates include placements across 209 Target stores in 20 states and 150 Food City Supermarkets. Cool Cat has also raised $9.4M through individuals and its lead investor and has won numerous awards, including being featured on Liquor.com's "13 Best Canned Wines to Drink in 2022" and on major platforms such as Oprah and Rolling Stone.
WHY INVEST
Join the Movement, Change the Game
Investing in Cool Cat is not just a strategic business decision but an opportunity to support a brand that upholds a steadfast commitment to its values and boasts an impressive distribution network. With the soaring popularity of wine cocktails and the increased support for minority-owned businesses, you have a company that has the potential to make a lasting impact in this industry. Invest in Cool Cat and take part in this game-changing wine brand's exciting journey.
ABOUT
HEADQUARTERS
429 Lenox Ave
Miami, FL 33139
WEBSITE
View Site
Cool Cat is a wine based Ready-to-Drink lifestyle brand that's disrupting the industry with its award-winning line of sparkling cocktails. The company has placements in over 1,000 stores across 24 states, including major retailers like Target and Total Wine & More, and has raised $9.4M in funds.
TEAM
Molly E. Pearson
Chief Operating Officer, Director & principal accounting officer
Rocco Gabriel Venneri
Co-Founder, CEO & Director
Paul G. Savas
Director
As CFO, Mr. Savas oversaw all corporate transactions, including financing, acquisitions and divestitures. His experience in managing a diversified portfolio of companies extends across a wide array of industries including- cosmetics & consumer products, marketing & business services, financial services, biotechnology, lottery & gaming operations, military equipment & defense.
He also served as director and board member of several public and private companies, in which he provided business, leadership and management support to each of the companies within the MacAndrews & Forbes portfolio.
Founder of S5 Acquisitions, a privately held management company, Mr. Savas is currently exploring strategic investment opportunities.
Brian Smith
Chief Commercial Officer
TERMS
Cool Cat
Overview
PRICE PER SHARE
$1
DEADLINE
Aug 3, 2023
VALUATION
$24M
FUNDING GOAL
$15k - $1.24M
Breakdown
MIN INVESTMENT
$500
MAX INVESTMENT
$400,000
MIN NUMBER OF SHARES OFFERED
15,000
MAX NUMBER OF SHARES OFFERED
1,235,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class A Non-Voting Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Time-Based Perks
Friends and Family - Invest within the first 72 hours and receive 15% bonus shares
Super Early Bird - Invest within the first week and receive 10% bonus shares
Early Bird Bonus - Invest within the first two weeks and receive 5% bonus shares
Volume-Based Perks
Invest $1000+ and receive 5% bonus shares
Invest $5,000+ and receive 10% bonus shares
Invest $10,000+ and receive 15% bonus shares
The 10% StartEngine Owners' Bonus
Cool Cat Beverages, Iinc will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class A Non-Voting Common Stock at $1 / share, you will receive 110 shares of Class A Non-Voting Common Stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Irregular Use of Proceeds
The Company will not incur irregular use of proceeds.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
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Michael Bartow
4 months ago
Since you say your in NY where exactly are you selling the products from. I know we aren’t to the point of selling wine in supermarkets but who’s your distributor here in NY if it’s got to be sold in liquor stores.
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Timothy huckaby
4 months ago
What is your runway or burn rate? Do you manufacturer in house your own product for overall quality control and cost savings or will you think or want to do that later explain? Talk more about your distribution plan as well thanks so much?
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Timothy huckaby
4 months ago
How will you increase margins in the future and how much would you like to or think you can increase them too? What other product lines or new would you consider or might or would want to launch into other markets at later date?
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Timothy huckaby
4 months ago
What are your gross and net margins? how much revenue have you made todate?. What is your month to month avg growth? What is your yoy growth the last one two years?..what is your plan for distribution in the next year or few years?..what are your operating cost? What are you going to do different to stand out and increase sales like marketing etc? Like the name..thinking of investing...
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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Adrian Jackson
2 months ago
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