Fast Penny Spirits offering is now closed and is no longer accepting investments.

American-Made Amaro

INVEST IN FAST PENNY SPIRITS TODAY!

Fast Penny Spirits is a Seattle-based distillery that specializes in producing high-quality amaro using organic and wild-crafted ingredients under the Amaricano brand. Our woman-owned, women-led brand blends the founder’s Italian heritage with flavors and ingredients of the Pacific Northwest to create a complex yet easy to drink aperitif and digestif.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Fast Penny Spirits

REASONS TO INVEST

Reasons Icon

Fast Penny Spirits commits to sustainable food systems, environmental practices, and empowering women & communities, earning us an official certification as a B-Corporation™.

Reasons Icon

The craft spirits category is estimated to grow to a market size of $36B by 2025.*

Reasons Icon

Fast Penny Spirits amari have been highly awarded since their July 2020 launch, recently winning Double Gold at the 2022 Women's Wine & Spirits Awards, Gold at the 2022 Denver and San Francisco International Spirits competitions, and placing in the Top 100 Spirits of 2021 by Wine Enthusiast.

*Market statistics provided by Cision PR Newswire (source)

Sip Socially, Give Back Locally

Fast Penny Spirits is changing the way we drink. We are a woman-founded, women-led distillery based out of Seattle, Washington that is dedicated to community, sustainability, and bringing delicious amari to everyday celebrations.


Marrying tradition and innovation, our high-quality amari fuses the heart of Italy and the taste of the Pacific Northwest. Each of our captivating spirits is blended with over 45 organic, sustainably-sourced ingredients and botanicals, perfect for sipping neat, enjoying over ice, or swirling into your favorite cocktail.



Yet, crafting superior amari isn't our only pursuit. With our Pretty Penny Program, Fast Penny pays forward 3% of all bottle sales to nonprofits who empower women, female-identifying, and non-binary business leaders.


Fast Penny is an investment opportunity with a purpose. Together, let’s drink better while doing good.

The Problem


Today's Liquor Production Environment Needs More Progress Towards Sustainability and Gender Parity

Nearly 75% of consumers today demand the businesses they shop from to be socially responsible (source). Customers are keenly aware of what they put in their bodies when they dine, meaning the quality of ingredients and methods with which they are sourced is of growing importance. The systems associated with spirits date back to the repeal of prohibition, and now is the time to bring the industry along towards a more sustainable future. 


(source)


Fast Penny Spirits is also committed to closing the gender gap in liquor production. Creative industries like ours deserve diverse perspectives, which is why Fast Penny Spirits is dedicated to making great liquor while supporting women, female-identifying, and non-binary business leaders.


 



The Solution


A West Coast Take on an Italian Classic

Inspired by Italian tradition, Fast Penny’s amari balances rich and herbaceous tones for a breathtakingly bold experience. A base of upcycled grape spirit and over 45 organic and wild-crafted botanicals harmonize to a rich, beautifully complex spirit. This mingling of flavors stem from ingredients which are sustainably sourced both from local sellers in the Pacific Northwest and a small list of trusted vendors.



We produce our liqueur with West Coast wine spirit before adding cocoa nibs, Rainier cherries, Yakima hops, locally foraged truffles, and a bevy of botanicals. Our amari are then aged in large wooden casks called “foeders” in homage to the Italian style. 


From shipping in eco-friendly packaging, to reducing overall waste, sustainability is top of mind in everything we do - even down to our recipes. Amaricano begins with an upcycled grape spirit to lower water waste and our carbon footprint without sacrificing quality.



Our flagship Amaricano has notes of truffle, vanilla bean, and Mexican chocolate with a savory finish. Our aperitivo, Amaricano Bianco, has a complex palate of candied lemon, saffron, apricot, and chamomile before ending with a satisfying tart green finish.



Fast Penny generates revenue through bottle sales in the eight states where sales teams exist, online eCommerce, and direct-to-customer sales. Fast Penny Spirits also holds private tours & events with local partners, where we sell in-person through the Bottle Shop and Tasting Deck.




The Market


Spirits for the Conscious Consumer

The craft spirit market is estimated to grow to a market size of $36 billion by 2025 (source) and Fast Penny Spirits believes we can carve out our spot amongst the industry with our expertly crafted amari and our conscientious business approach. Our typical customers have a higher-than-average spending power and look to support companies whose values they align with, so we continually seek to deliver unique, premium products without losing focus on our mission. 


(source)


Every step of our production process incorporates sustainable practices. We use recycled glass bottles and reclaimed corks, support local farms, use eco-friendly packaging, and only source enough ingredients for our batches. Taking all of these thoughtful steps isn’t easy, however, we have maintained corporate responsibility since the beginning of our company and plan to carry on that commitment.


Our focus on sustainability extends to the community through our Pretty Penny give-back program. As part of our commitment to impacting the greater good, Fast Penny pays forward 3% of all bottle sales to nonprofits to empower women-identifying business leaders, communities, and the industry.



This commitment to our values has earned us an official certification as a B-Corporation™, a community we’re proud to be a part of during a time where many consumers feel businesses struggle to do enough (source). Today's currency is authenticity, transparency, and vocal support on meaningful topics (source), all of which we feel sits at the core of the Fast Penny Spirits brand.

Our Traction


Strong Sales, Award-Winning Amaro

Despite launching during the pandemic and experiencing its lingering effects, we believe Fast Penny Spirits has proven itself a hit. In 2021, our first full year of business, we delivered over $350,000 in sales and have grown the distribution of our spirits to eight states, with direct shipping to 30 states. 


To develop a deeper sense of community among our drinkers, we created the Veloce Society. This premium club elevates at-home cocktailing, entertaining, and gifting with fun recipes, interesting collaborations, and other fantastic perks for members.



On the social side of our business, Fast Penny Spirits has secured partnerships with leading women’s organizations such as Women Who Whiskey, Women’s Cocktail Club, Female Founders Club, Wonder Women Dinners, WMarketplace, Lady Sweat, Vital Voices, and more.  


As if those accomplishments weren’t enough, our Amaricano won Double Gold at the 2022 Women's Wine & Spirits Awards, Gold at the 2022 Denver International Spirits competition and 2021 San Francisco World Spirits Awards, and placing in the Top 100 Spirits of 2021 by Wine Enthusiast.

Why Invest


Together, Let’s Drink Better While Doing Good

Fast Penny Spirits is stirring up change. We believe we have been able to prove that businesses can make a positive impact socially and still be successfulOur spirits are an extension of our ethos, and the impeccable quality they offer can only be produced by using a selection of the best ingredients possible. 


Above all else, investors can be confident knowing that by investing in Fast Penny Spirits, they are doing their part to amplify female-identifying voices and help grow sustainability efforts within the industry. 


Fast Penny believes we for-profit companies must do their part to strengthen the communities they serve. Help us make a positive impact and become a shareholder in Fast Penny Spirits today.




ABOUT

HEADQUARTERS
1138 W Ewing St, Suite B
Seattle, WA 98119
VALUATION
$10M

Fast Penny Spirits is a Seattle-based distillery that specializes in producing high-quality amaro using organic and wild-crafted ingredients under the Amaricano brand. Our woman-owned, women-led brand blends the founder’s Italian heritage with flavors and ingredients of the Pacific Northwest to create a complex yet easy to drink aperitif and digestif.

TEAM

Jamie Hunt
Jamie Hunt
CEO & Founder, President, Secretary, & Treasurer of the Board

Jamie Hunt is the CEO and Founder of Fast Penny Spirits, a woman-owned and operated, B Corp certified, amaro distillery based in Seattle. After a successful career launching innovative digital products and experiences for global companies, Jamie left the tech world with the goal of having a positive impact in the world. With Italian family roots and a love of delicious food, she set out to make an exquisite and sustainable amaro as her opportunity to show up, support, and empower others. Through their Pretty Penny program, the distillery gives 3% of bottle revenue to organizations that support women, communities, and the beverage industry. Jamie has utilized her astute business acumen to successfully launch during a pandemic and drive consistent growth for the award-winning amaro distillery. 

Kristen Palmer Bastian

Kristen Palmer Bastian

Marketing Director & Strategist

Kristen Bastian leads marketing strategy for Fast Penny Spirits including social media, advertising, influencer partnerships, email, and events. Prior to consulting with Fast Penny Spirits, Kristen led home, fashion, and North American consumer marketing organizations for Amazon during her seven years with the company. She is a brand marketing expert, having developed and grown national brands in the CPG industry. She loves to travel, entertain, cook, and visit with her nephews and niece. Originally from New York, Kristen now lives in West Seattle with her husband and two rescue pups. 

Kristen works on retainer approximately 20-30 hours per week as Marketing Director & Strategist for Fast Penny Spirits and the remainder of her time working for her own business T Parlour Agency

Adam Fream

Adam Fream

Sales Manager

Adam Fream leads Washington State distributor sales for Fast Penny Spirits, as well as develops sophisticated and approachable cocktail recipes that feature our amari. Adam’s enthusiasm for amazing food and beverages has yielded a career across many sides of the industry. He started as a dishwasher in a Ballard dive bar and worked his way up to sommelier and managing some of the finest dining establishments in Seattle. Adam’s career has included mixing drinks at iconic Seattle bars, leading the beverage program for The Derschang Group, and managing production for Scrappy’s Bitters. Adam’s versatility is always on display at Fast Penny Spirits, where he not only drives distribution and sales, but also partners with Jamie on production and distillery management. 

TERMS

Fast Penny Spirits
Overview
PRICE PER SHARE
$2
DEADLINE
Sep 29, 2022
VALUATION
$10M
AMOUNT RAISED
$138,899.00
Breakdown
MIN INVESTMENT
$250.00
MAX INVESTMENT
$50,000.00
MIN NUMBER OF SHARES OFFERED
5,000
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
535,000

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Fast Penny Spirits, Inc

Corporate Address

:

1138 W Ewing St, Suite B, Seattle, WA 98119

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,000

Maximum Number of Shares Offered

:

535,000

Price per Share

:

$2.00

Pre-Money Valuation

:

$10,000,000.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Company Incentives and Bonuses*

Time-based perks

Friends and Family Early Birds

Invest within the first 72 hours and receive 15% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive 10% bonus shares

Early Bird Bonus

Invest within the first two weeks and receive 5% bonus shares.

Amount-based perks

Fiori - $500+

Hat & stickers, 10% discount off amari for the first year.

Ruby - $1000+

Hat & stickers, 10% discount off amari for the first year, VIP Tour for up to 10 people.

Inga - $2500+

Hat & stickers, Nick & Nora glasses, 10% discount off amari for the first year, VIP Tour for up to 10 people.

Indigo - $5000+

Hat & stickers, Nick & Nora glasses, 10% discount off amari for the first year, VIP Tour for up to 10 people, 15% off Veloce Society membership for a year

Centime - $10,000+

Hat & stickers, Nick & Nora glasses, 15% discount off amari for the first year, VIP Tour for up to 10 people, 20% off Veloce Society membership for a year

Veloce - $25,000+

Hat & stickers, Nick & Nora glasses, 20% discount off amari for the first year, VIP Tour for up to 10 people, 20% off Veloce Society membership for a year

*Stacking perks only applies to the Owner's Bonus perk and Previous Backer perks. Time-based and Amount-based perks do not stack on top of each other, rather, the issuer will receive the greater of the two bonuses if they qualify for both.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Fast Penny Spirits, Inc. 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 Common Stock at $2.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $200. 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.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

ALL UPDATES

09.28.22

Invest before your chance is gone! Only hours to go!

The Fast Penny Spirits campaign on Start Engine ENDS TONIGHT! There are only hours left to go to become an owner in our woman owned, award-winning amaro distillery. Visit our campaign page and invest NOW, starting at $250: https://www.startengine.com/fastpennyspirits

Investors can be confident knowing by supporting Fast Penny Spirits they are helping to amplify women-identifying voices and grow sustainable efforts within the liquor industry. Now is the time to become a Fast Penny Spirits owner!  

Together, let's drink better while doing good. 

Cheers!

Jamie


09.28.22

ONLY HOURS LEFT! LAST DAY TO INVEST IN FAST PENNY SPIRITS & OUR AWARD WINNING AMARO!

Dear Fast Penny Spirits Supporters & Community,

Today is the LAST DAY to invest in Fast Penny Spirits and the growth of our award-winning amari! There are ONLY HOURS LEFT!

Did you know that both Amaricano and Amaricano Bianca are highly awarded spirits? Our woman-owned amaro distillery continues to receive esteemed honors from numerous prestigious spirits competitions, including:

  • 2022 Women's Wine & Spirits Awards - DOUBLE GOLD (Amaricano Bianca)
  • 2022 Women's Wine & Spirits Awards - GOLD (Amaricano)
  • 2022 New Orleans Spirits Competition - GOLD (Amaricano & Amaricano Bianca)
  • 2022 New Orleans Spirits Competition - LIQUEUR OF THE YEAR (Amaricano Bianca)
  • 2022 American Distilling Institute's International Spirits Competition - GOLD (Amaricano & Amaricano Bianca)
  • 2021 Wine Enthusiast - TOP 100 SPIRITS (Amaricano)
  • 2021 Wine Enthusiast - 90 points (Amaricano)

Become and owner NOW and be a part of our BOLD expansion plans for the future. Visit our campaign page to invest: https://www.startengine.com/fastpennyspirits

Cheers!

Jamie

09.27.22

ONE DAY LEFT TO INVEST IN FAST PENNY SPIRITS!

Dear Amaro Lovers and Supporters,

Only ONE DAY LEFT to become an investor in Fast Penny Spirits, a women founded and led, award-winning amaro distillery and B Corp™. 

Fast Penny Spirits is stirring up change. We believe we have been able to prove that businesses can make a positive impact socially and still be successful. Our spirits are an extension of our ethos, and the impeccable quality they offer can only be produced by using a selection of the best ingredients possible. 

Above all else, investors can be confident knowing that by investing in Fast Penny Spirits, they are doing their part to amplify female-identifying voices and help grow sustainability efforts within the industry. Help us make a positive impact and become a shareholder in Fast Penny Spirits today, starting at $250. 

Visit our campaign page now to invest! https://www.startengine.com/fastpennyspirits

Cheers!

Jamie

09.26.22

FINAL DAYS TO INVEST IN FAST PENNY SPIRITS! Become an owner of an award-winning amaro company!

Dear Fast Penny Spirits Community & Supporters,

ONLY TWO DAYS LEFT TO INVEST! Our Start Engine campaign closes on September 28th - invest today before it's too late! We have raised over $130K to date. Partner with us to continue the strong momentum and support our ambitious growth plans.

Did you know that our woman-owned amaro distillery continues to receive esteemed honors from numerous prestigious spirits competitions? The reception by industry experts and tastemakers has been incredible! Some highlights: 

  • Amaricano Bianca won double gold and Amaricano took home a gold from the Women Wine & Spirits Competition, which is judged by the world’s leading female wine and spirits buyers.
  • The New Orleans Spirits Competition presented by the Tales of the Cocktail Foundation awarded each spirit a gold medal and named Amaricano Bianca as the Liqueur of the Year. The competition is tasted blind by a panel of industry experts, without identification, to ensure integrity and secrecy.
  • The American Distilling Institute's International Spirits Competition awarded both spirits gold medals for a second year in a row.
  • The American Craft Spirits Awards awarded Amaricano a silver medal and Chilled Magazine's Chilled 100 Awards gave Amaricano a score of 93 and Amaricano Bianca a score of 94.
  • The Denver International Spirits Competition awarded Amaricano a gold medal for the second year in a row.

We hope to see you very soon as an owner! Read more about our awards and press at: https://www.fastpennyspirits.com/press.

Cheers!

Jamie


09.19.22

Our Community Joins In...AGAIN! | Insider Investment Notice

We're excited to see our Fast Penny Spirits community join our campaign and invest in our future growth! An Insider has invested $20,000 and we hope you're ready to join as well. There are ONLY 9 DAYS left to invest! 

Cheers!

Jamie

09.16.22

12 DAYS LEFT TO INVEST IN FAST PENNY SPIRITS!

Our StartEngine campaign is closing soon! Thank you to everyone who has already invested in Fast Penny Spirits. If you haven’t yet invested or want to increase your investment, now is the time! 

Investors can be confident knowing by supporting Fast Penny Spirits, an award-winning amaro distillery, they are helping to amplify women-identifying voices and grow sustainable efforts within the liquor industry. Now is the time to become a Fast Penny Spirits owner!  

Together, let's drink better while doing good. 

Cheers!

Jamie


09.14.22

Fast Penny Spirits' campaign is closing soon! 14 days left to invest!

Dear Fast Penny Spirits Community & Followers,

Our crowdfund campaign is wrapping up and ends on September 28th! Now is the last chance to invest in Fast Penny Spirits before it closes. We have exciting plans for the future and want you to be a part of our journey as an owner! Go to our campaign page to invest now: https://www.startengine.com/fastpennyspirits.

Cheers!

Jamie

08.17.22

Fast Penny Spirits Seen in Portland

Last week, I hopped into the @amaroamaricano Defender and drove down to Portland to introduce Amaricano & Amaricano Bianca to this incredible craft cocktail and foodie city. Thank you to everyone at @westmorelandliquor @woodsmantavern@jacqueline_pdx @sipcityspirits @scotchlodge and all the amazing businesses we visited for the warm welcome and hospitality! ✨

Check out @fastpennyspirits for highlights!

We look forward to strong growth in Oregon and beyond. Join us as we expand distribution and bring our amari to spirits and cocktail lovers across the country. Become an owner of Fast Penny Spirits today!

Cheers,

Jamie

08.10.22

Cheers from Portland | Campaign Progress | Invest Now

Cheers Amaro Lovers!

I am in Portland, OR this week to pour Amaricano and Amaricano Bianca tastings, meet with new and current accounts, and share wonderful meals with Fast Penny Spirits supporters. Yesterday, we did a tasting at Sip City Wine and Beer, the "place for good times." I will share more updates from Portland soon.

I'm thrilled with our Start Engine campaign progress - we have surpassed $80K! Help us get to $100K and become an owner today. Our distribution and sales are growing, and now is the perfect time to invest.

Cheers!

Jamie


08.10.22

Our Community Joins In! | Insider Investment Notice

We're excited to see our Fast Penny Spirits community join our campaign and invest in our future growth! An Insider has invested $2,500 and we hope you're ready to join as well. Now is the ideal time to invest in Fast Penny Spirits, starting at $250.

Cheers!

Jamie










Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Fast Penny Spirits.

$250.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$500.00

Fiori - $500+

Hat & stickers, 10% discount off amari for the first year.

$1,000.00

Ruby - $1000+

Hat & stickers, 10% discount off amari for the first year, VIP Tour for up to 10 people.

$2,500.00

Inga - $2500+

Hat & stickers, Nick & Nora glasses, 10% discount off amari for the first year, VIP Tour for up to 10 people.

$5,000.00

Indigo - $5000+

Hat & stickers, Nick & Nora glasses, 10% discount off amari for the first year, VIP Tour for up to 10 people, 15% off Veloce Society membership for a year.

$10,000.00

Centime - $10,000+

Hat & stickers, Nick & Nora glasses, 15% discount off amari for the first year, VIP Tour for up to 10 people, 20% off Veloce Society membership for a year.

$25,000.00

Veloce - $25,000+

Hat & stickers, Nick & Nora glasses, 20% discount off amari for the first year, VIP Tour for up to 10 people, 20% off Veloce Society membership for a year.

JOIN THE DISCUSSION













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