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Fast Penny Spirits

Operating

Fast Penny Spirits, Inc

Alcohol · Liquor · Seattle, WA · Founded 2022

American made Amaro

Post-money valuation ⓘ
$10.1M
As of Sep 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$113,363
Across 1 round since 2022
Latest share price
$2.00
Reg CF · Common Stock · Jun 2022 offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$82K
−$208K
2020
$389K
−$354K
2021
$433K
−$541K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022
Income statement
Revenue
$82,110
$389,436
$433,207
Cost of goods sold
$21,952
$59,655
$83,783
Gross margin
73%
85%
81%
Net income
-$208,126
-$353,751
-$540,921
Taxes paid
$15,920
$40,750
$140,773
Balance sheet
Cash
$479,104
$557,438
$159,703
Accounts receivable
$7,355
$16,068
$18,312
Total assets
$649,982
$704,644
$540,952
Short-term debt
$22,945
$10,229
$29,423
Long-term debt
$500,000
$0
$0
Total liabilities
$522,945
$10,229
$29,423
Other
Headcount
—
3
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
$10.0M
pre-money
Reg CF · Common · Jun 2022

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

Cap table

Principal holders% as the filing states it, Jun 30, 2022

  • Jamie Hunt80.0%of company
  • Holly Robinson20.0%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 $113.4K / $1.1MInvestors 89Post-money $10.1M

Team

3 people
Jamie HuntFounder
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.

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.

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

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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

89 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-TRJun 3, 20260001935954-26-000001
    EDGAR
  • Form C-ARMar 6, 20230001665160-23-000355
    EDGAR
  • Form C-UOct 4, 20220001665160-22-002581
    EDGAR
  • Form CJun 30, 20220001665160-22-001937
    EDGAR
Source: ManualCIK 0001935954DEShare price $2.00

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.