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Spearhead Spirits

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Spearhead Spirits Inc

Alcohol · Founded 2022

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From Africa to the world: a new era in award-winning premium spirits

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$159,477
Across 1 round since 2024

Financials

FY2022–FY2024 · from SEC filings · hover any figure for its source
$38K
−$1.3M
2022
$1.0M
−$1.6M
2023
$1.3M
−$638K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 reviewed
FY2023 reviewed
FY2024 unaudited
Income statement
Revenue
$37,609
$1,017,893
$1,295,723
Cost of goods sold
$51,605
$621,982
$654,070
Gross margin
-37%
39%
50%
Net income
-$1,299,513
-$1,621,773
-$638,335
Taxes paid
$0
$0
$0
Balance sheet
Cash
$1,359,547
$208,766
$80,927
Accounts receivable
$0
$3,136
$39,723
Total assets
$1,729,680
$1,135,593
$1,198,893
Short-term debt
$102,375
$75,591
$112,051
Long-term debt
$2,927,083
$3,750,000
$4,416,682
Total liabilities
$3,029,458
$3,825,591
$4,528,732
Other
Headcount
—
5
5

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”.

Fundraising history

Reg CF · SAFE · Sep 2024Closedvia WeFunder
Raised $159.5K / $1.2M

Team

2 people
Christopher FrederickFounder
Co-founder
Damola TimeyinFounder
Co-Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Possibly delinquent

Filed 1 of 2 annual reports (FY2024–FY2025)

Missing: 2025

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

SEC filings

  • Form C-ARJul 28, 20260002036784-26-000002
    EDGAR
  • Form C-UDec 10, 20250002036784-25-000003
    EDGAR
  • Form C/ADec 5, 20240001670254-24-001146
    EDGAR
  • Form CSep 13, 20240001670254-24-000922
    EDGAR
Source: ManualCIK 0002036784

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.