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West 32 Soju

Operating

Archibald & Wens Inc.

Alcohol · Liquor · New York, NY · Founded 2020

Savor the moment with West 32 Soju

Post-money valuation ⓘ
$4.5M
As of Nov 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$324,355
Crowd $83K · Private $242K · 4 rounds since 2017
Latest share price
$9.39
Reg CF · Common Stock · Jun 2020 offering price

Financials

FY2018–FY2022 (no data for FY2020) · from SEC filings · hover any figure for its source
$91K
−$72K
2018
$117K
−$79K
2019
2020no data
$159K
−$35K
2021
$120K
−$97K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2021
FY2022
Income statement
Revenue
$91,368
$117,189
$158,525
$119,928
Cost of goods sold
$52,674
$73,780
$80,738
$70,951
Gross margin
42%
37%
49%
41%
Net income
-$72,015
-$78,807
-$35,064
-$97,483
Taxes paid
$129
$27
$6,019
$2,480
Balance sheet
Cash
$3,058
$17,164
$279,174
$167,315
Accounts receivable
$28,239
$27,711
$33,662
$40,357
Total assets
$50,521
$80,849
$371,588
$253,180
Short-term debt
$8,364
$7,155
$2,500
$0
Long-term debt
$8,245
$14,590
$0
$0
Total liabilities
$16,609
$21,745
$2,500
$0
Other
Headcount
—
1
—
0

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
$4.4M
pre-money
Reg CF · Common · Jun 2020

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

Share price over rounds

$9.39$4.695$1.40
Nov 2017Jun 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

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.

Cap table

Principal holders% as the filing states it, Apr 24, 2023

  • Maxwell Fine143,013 Class A Voting Common Stock27.8%of company
  • Daniel Lee142,331 Class A Voting Common Stock27.7%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 $82.7K / $250KInvestors 120Post-money $4.5M

Team

4 people
Daniel LeeFounder
President and CFO

Co-founded West 32 Soju in 2015 15+ years in corporate finance, M&A and strategy consulting Advised on over $5 Billion of M&A transactions Former head of finance for Tibi, MPOWERD, HEVO Power, and currently IrisVR Dan currently dedicates over 30 hours per week at West 32 Soju.

Max FineFounder
Founder and CEO

Co-founded West 32 Soju in 2015 10 years as a corporate attorney, most of the time focused on e-commerce and consumer products Built patent portfolios, raised seven-figures in capital, and led companies through Series A rounds. Former General Counsel for HEVO Power and MPOWERD, and currently works as Senior Counsel at CaaStle Inc. Max currently dedicates 40+ hours per week at West 32 Soju.

Maxwell Fine
CEO, Principal Executive Officer and Director
Chiyo Takemoto
Advisor

10+ years in spirits & hospitality industry. Former Spirits Specialist for Winebow. Currently, Founder and CEO of Coquetel Spirits. Coquetel Spirits is a portfolio collective that houses multiple, independently-owned craft spirits brands.

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 requiredFewer than 300 holders of record

Filed 1 of 6 annual reports (FY2020–FY2025)

120 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-ARApr 24, 20230001665160-23-000750
    EDGAR
  • Form C-UOct 7, 20220001665160-22-002684
    EDGAR
  • Form C-UNov 9, 20200001665160-20-001402
    EDGAR
  • Form C/ASep 4, 20200001665160-20-001137
    EDGAR
  • Form C/AAug 20, 20200001665160-20-001064
    EDGAR
  • Form CJun 8, 20200001665160-20-000747
    EDGAR
Source: ManualCIK 0001812451NYShare price $9.39

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.