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COOL CAT

Operating

Cool Cat Beverages, Inc.

Alcohol · Miami, FL · Founded 2023

Wine based ready-to-drink lifestyle brand of sparkling cocktails

Post-money valuation ⓘ
$24.2M
As of Aug 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$149,632
Across 1 round since 2023
Latest share price
$1.00
Reg CF · Common Stock · May 2023 offering price

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$138K
−$2.1M
2021
$592K
−$4.5M
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$138,194
$591,574
Cost of goods sold
$360,957
$545,710
Gross margin
-161%
8%
Net income
-$2,120,674
-$4,517,805
Taxes paid
$0
$0
Balance sheet
Cash
$888,573
$29,403
Accounts receivable
$585
$7,315
Total assets
$1,302,740
$1,155,895
Short-term debt
$780,814
$651,065
Long-term debt
$0
$3,746,053
Total liabilities
$780,814
$4,397,118
Other
Headcount
—
12

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
$24.0M
pre-money
Reg CF · Common · May 2023

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

Cap table

Principal holders% as the filing states it, May 31, 2023

  • Commor100.0%of company
  • of Cool Cat Beverages, Inc.100.0%of company
  • of Cool Cat Beverages51.3%of company
  • Rocco Venneri A39.3%of company
  • Owned Class B Rocco Venneri30.0%of company
  • Jamie Avanzino5.6%of company

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 $149.6K / $1.2MInvestors 133Post-money $24.2M

Team

4 people
Rocco Gabriel VenneriFounder
Co-Founder, CEO & Director

The team is led by Co-Founder & CEO Rocco Venneri, who oversees marketing, administration, and product and business development. A Black/mixed race gay man, Venneri spent 15 years as a strategic marketer in the fashion industry, developing and executing successful digital, social media, and print campaigns and activations for global heritage brands including Tommy Hilfiger and Armani. Leveraging his fashion marketing background and personal beliefs, he created an original, high-quality product inclusive of all genders, ethnicities, and sexual orientations, that brings together likeminded individuals who share similar values and experiences – aka, a fearless community of Cool Cats.

Brian Smith
Chief Commercial Officer

Brian is an industry veteran, having worked for top beverage companies like Pabst Brewing and Coors. He's now joined Cool Cat Sparkling Cocktail as a leader in their sales team, bringing his expertise in structuring customer-focused teams and recruiting top talent. With over 20 years of consumer goods experience, Brian has built a reputation as a culture champion, ensuring high standards and values are instilled throughout his sales teams. Beyond his professional achievements, he is also actively involved in not-for-profit organizations, serving as a Board Member and Treasurer for Beat The Streets - Chicago. In his personal life, Brian resides in San Antonio with his wife and two daughters.

Molly E. Pearson
Chief Operating Officer, Director & principal accounting officer

Molly has been working in the alcohol business since she was 22 and developed more than 30 unique alcohol beverage brands before the age of 40. She’s spent the last sixteen years working with lead distributors, distilleries, flavor companies and chemists, manufacturers, co-packers, industry suppliers, and entrepreneurs to create and cultivate numerous successful alcohol brands and craft distilleries. Her many specialties include TTB Compliance and Federal Regulations, brand conception and development, product formulation, spirit/distilling sourcing, packaging development and design, material sourcing, finance and business plan development, manufacturing, marketing, distribution, and brand management.

Paul G. Savas
Director

Paul G. Savas is an experienced executive with extensive financial and operational experience. He previously served as Executive Vice President and Chief Financial Officer of MacAndrews & Forbes. Mr. Savas joined MacAndrews & Forbes in 1994 as Director of Corporate Finance, have served in various positions of increasing responsibilities and became Chief Financial Officer in 2007. 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.

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

Reg CF annual-report compliance

Delinquent

Filed 0 of 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

133 investors
holder-count proxy

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

SEC filings

  • Form C-UAug 7, 20230001665160-23-001611
    EDGAR
  • Form C/AJul 18, 20230001665160-23-001530
    EDGAR
  • Form C/AJul 17, 20230001665160-23-001524
    EDGAR
  • Form CMay 31, 20230001665160-23-001322
    EDGAR
Source: ManualCIK 0001979210DEShare price $1.00

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.