After 5 consecutive quarters of revenue growth, Bespoken is poised to attain profitability within the next year
Bespoken Spirits, a pioneering innovator in sustainable,precision-aged spirits, is proud to announce the successful close of its Series-C funding round. The round, which culminates on May 30, underscores the market's confidence in Bespoken's revolutionary maturation technology, unprecedented speed to market for private labels large and small, and its bold vision for the future of the spirits industry.
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Backed by more than 100 individual investors, Bespoken Spirits has raised over $11 million in Series-C. This new round of capital will accelerate the company's efforts to expand its market presence, scale production capabilities, and further invest in its proprietary technology to bring world-class, new flavors and aromas to the world.
“We're happy to successfully close ourSeries-C round,” said TJ Rodgers, Chairman of Bespoken Spirits' Board of Directors. “It's a clear validation of our mission to disrupt and modernize the spirits industry while promoting sustainability, efficiency, and unmatched product quality innovation. With the continued support of our investors, we're well-positioned to drive the next phase of growth and achieve cashflow breakeven.”
Bespoken Spirits has already made headlines for winning over 240 medals in prestigious tastingcompetitions in San Francisco, New York and Europe, enabled by the precise control of the spectrum of natural aging compounds. Its patented technology not only reduces the environmental footprint of spirit production but also empowers distillers with unprecedented precision of taste, aroma, and mouthfeel.
We thank our investors for their support and the myriad of benefits it will produce.
About Bespoken SpiritsFounded in Silicon Valley, Bespoken Spirits is a groundbreaking spirits company, revolutionizing the industry through its finishing process, using all-natural elements of wood, toast and char. Now located in Lexington, Kentucky, its experts have created over 5,000 unique whiskey trials,all using less wood, water and energy.
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SOURCE Bespoken Spirits
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