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Catering, Food and Drink

Two Drifters Distillery Ltd

Status: Active

Nov 9th 2020 - Dec 9th 2020

Two Drifters Distillery (TDD) is one of the very few British distilleries that makes rum from raw ingredients, rather than importing and flavouring it. It has worked with Climeworks Direct Air Capture technology to remove CO2 from its products. The company's technique won admirers leading to a boost in sales. Since its launch in 2019, TDD converted existing equipment to increase capacity from 80 bottles per week to an estimated 1800 per week. It has also secured contracts from prominent entities including John Lewis (national and online), Exeter Chiefs Rum and Virgin Wines. The company has an active social media community with 10,000+ followers and also conducts weekly distillery tours that see full attendance from its customers. TDD has also received press coverage from media houses including The BBC, The Telegraph and The Independent. It will use the investment to grow its sales and showcase its product at retail outlets, and bring to the masses sustainably-made British products.

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Two Drifters Distillery Ltd Rating Review

Rated on 12/11/2020

Pitch Rated

40%

Insufficient Data

Management

62%

Product

59%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

  • £286,340
    pledged
  • 190%
    of goal

    £150,000
    target

    £2,501,217
    pre-money valuation

    5.66%
    equity available

    657
    investors

    £436
    pledge per investor

    11357680
    company number

    Active
    company status

    11/05/2018
    incorporated 3 years

    £10.00
    share price

    Previous Funding rounds
    09 Nov 20 Crowdcube £286,340 / 191% 40.33%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
Click here for more information on our ratings
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Management 62%

Skills 55%
Two Drifters Distillery team is relatively small, consisting of the Founder/CEO and Founder/CMO. The Founder/CEO is a Ph.D. in Organic Chemistry. He is skilled in Analysis, Management, Inorganic Chemistry, Risk Management, Project Management, Project Planning, and Valuation. The company has not appointed a Product Developer, and the responsibility for the same lies with the CEO. The Founder/CMO has skills to build the brand and increase brand awareness through Product Launch, Salesforce Development, Social Media, Healthcare, and Market Development.

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Funding progress



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Pitch Rated

74%

Overall

rating powered by

CROWD RATING™

pledged: 154% days to go: 7 investment: £463,933
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  • £286,340
    pledged
  • 190%
    of goal

    £150,000
    target

    £2,501,217
    pre-money valuation

    5.66%
    equity available

    657
    investors

    £436
    pledge per investor

    11357680
    company number

    Active
    company status

    11/05/2018
    incorporated 3 years

    £10.00
    share price

    Previous Funding rounds
    09 Nov 20 Crowdcube £286,340 / 191% 40.33%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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  • The Times
  • The Daily Telegraph