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Chareau

Operating

Charron Favreau LLC

Food & Beverage · Camarillo, CA

The world's first all-natural aloe liqueur. Over 100% growth in 2018

Post-money valuation ⓘ
$16.4M
As of Dec 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$9,471,366
Crowd $820K · Private $8.7M · 15 rounds since 2016
Latest share price
$2.55
Reg CF · Common Stock · Dec 2024 offering price

Financials

FY2014–FY2023 · from SEC filings · hover any figure for its source
$282K
−$207K
2016
$416K
−$698K
2017
$924K
−$830K
2018
$974K
−$766K
2019
$491K
−$627K
2020
$1.2M
−$666K
2021
$1.4M
−$2.3M
2022
$1.7M
−$1.3M
2023
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 2 earlier years are in the table below.

Metric
FY2014 reviewed*
FY2015 reviewed*
FY2016
FY2017
FY2018
FY2019 unaudited
FY2020 unaudited
FY2021 unaudited
FY2022 unaudited
FY2023
Income statement
Revenue
$153,812
$261,248
$282,237
$415,763
$924,007
$974,126
$491,122
$1,204,284
$1,419,257
$1,688,716
Cost of goods sold
$106,780
$108,395
$94,037
$190,981
$429,966
$480,374
$170,675
$398,966
$656,384
$798,137
Gross margin
31%
59%
67%
54%
53%
51%
65%
67%
54%
53%
Net income
-$113,686
-$93,897
-$207,479
-$697,798
-$829,767
-$766,288
-$627,052
-$666,197
-$2,275,235
-$1,313,826
Taxes paid
$800
$800
$0
$0
$0
$21,065
$7,211
$5,967
$0
$0
Balance sheet
Cash
$20,324
-$4,099
-$3,434
-$28,707
-$70,670
-$34,240
$39,433
$345,259
$458,055
$11,706
Accounts receivable
$25,775
$31,424
$32,430
$29,226
$40,126
$80,588
$39,290
$154,169
$161,898
$132,137
Total assets
$184,958
$205,750
$308,323
$587,181
$531,898
$444,613
$581,588
$1,145,492
$1,925,067
$1,015,184
Short-term debt
$11,159
$150,003
$34,208
$56,393
$90,201
$287,374
$509,668
-$221,456
$539,941
$646,423
Long-term debt
$0
$0
$250,846
$1,186,005
$1,835,749
$973,295
$1,426,280
$785,469
$788,708
$787,748
Total liabilities
$11,159
$150,003
$285,054
$1,242,398
$1,925,950
$1,260,669
$1,935,948
$564,013
$1,328,649
$1,434,171
Other
Headcount
—
3
—
8
—
2
4
10
7
4

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$6.5M
pre-money
$12.0M
pre-money
$16.3M
pre-money
Reg CF · Common · Feb 2019
Reg CF · Common · Jun 2020
Reg CF · Common · Dec 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$6.75$0.6364$0.06
Feb 2019Dec 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Aug 2021 (-99.1%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines, and each class is drawn as its own line.

Cap table

Principal holders% as the filing states it, Nov 21, 2024

  • Halliser CB2 LP2,650,000 Preferred Stock—of votes

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $84.6K / $600KInvestors 59Post-money $16.4M
Raised $375.7KInvestors 13
Raised $393.3K
Raised $4.1MInvestors 8
Raised $224.5K / $250KInvestors 343Post-money $12.3M
Raised $233.3KInvestors 5
Raised $120.4K / $250.3KInvestors 78Post-money $6.6M
Raised $425KInvestors 4
Raised $390.8K / $500K
Chareau 1Closed
Raised —

Team

7 people
Helen DiazFounder
Co-Founder, VP of Sales & Advocacy

Helen is an award-winning bartender and beverage hospitality veteran with 20+ years of experience. She started at the craft cocktail pioneers Bourbon & Branch, developed beverage programs from SF to Tokyo with her consulting firm Fifty Fifty Cocktail Co., is a judge at the SF World Spirits Competition, and was named Miss Speed Rack CA as the fastest bartender in the state and the first Latina to win the competition.

Kurt CharronFounder
Founder, CEO, Director

Kurt, an 18+ year beverage industry leader, founded Chareau in his kitchen and grew it into an award-winning national brand. He developed the World's Highest Rated Liqueur (96 by Wine Enthusiast), secured RNDC distribution, and gained press from Bon Appetit, Forbes, and NY Times. A USC graduate, he also studied distillation at top programs, including in Cognac, France.

Robert Loitman
Controller (Independent Contractor)

Robert Loitman is an experienced financial controller and consultant specializing in accounting, financial operations, and business strategy for startups and growing companies. Currently serving as an independent contractor for Chareau, he manages financial reporting, budgeting, and compliance. In addition to his role at Chareau, Robert runs his own financial consulting business, where he helps clients streamline their financial processes, implement accounting systems, and improve overall financial health. With a background in both accounting and entrepreneurship, he offers practical insights and tailored solutions to support business growth.

Scott Greenburg
Assistant Secretary & Director

Scott is a lawyer and advisor to growth companies, with deep experience in venture capital, structuring, investments, M&A, IPO and follow on offerings, and corporate governance. He is currently the Founder and Attorney at FarPoint Venture Law. Prior to FarPoint, Scott was a Partner at K&L Gates, and his experience as Outside General Counsel includes Starbucks, Guayaki, MatchaBar, and Sambazon to name a few.

Collin Bauer
Director

Collin Bauer is the Director of Strategy and M&A for Gallo, the world's largest family-owned wine and spirits company. Prior to Gallo, Collin worked in strategy, modeling, and advisory at First Annapolis Consulting. He also holds an MBA from the University of Virginia Darden School of Business.

Taylor Hartley Foxman-Weiner
Advisor

Taylor is a strategic advisor for 40 CEOs of leading emerging beverage brands globally; additionally she serves as a board advisor for 4 venture capital firms, hosts 2 podcasts on the convergence of retail, beverage and culture and contributes to Rolling Stone via her role on the Culture Committee. Prior to The Collective, Foxman served various roles across global beverage corporations such as Gruppo Campari, Boston Beer Company, Pernod Ricard, Stoli Group, Sidney Frank, Edrington Americas and more.

Garrett Scott Greenburg
Director

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 6 of 10 annual reports (FY2016–FY2025)

343 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UFeb 25, 20250001665160-25-000317
    EDGAR
  • Form DDec 16, 20240001698872-24-000001
    EDGAR
  • Form CNov 21, 20240001665160-24-001685
    EDGAR
  • Form C-ARApr 30, 20240001665160-24-000695
    EDGAR
  • Form D/ANov 3, 20230001698872-23-000001
    EDGAR
  • Form C-ARMay 4, 20230001665160-23-001198
    EDGAR
  • Form C-ARJun 9, 20220001665160-22-001785
    EDGAR
  • Form DAug 20, 20210001698872-21-000001
    EDGAR
Source: ManualCIK 0001698872WAShare price $2.55

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.