Republic Restorative has secured its max target through its equity crowdfunding campaign on Indiegogo/Microventures. The distillery launched the campaign, which was one of the first equity campaigns on the platform, in November.
Republic Restoratives is described as an urban, small batch distillery and craft cocktail bar in the heart of Washington, D.C. Less than two years ago, the women-owned company became the largest crowdfunded distillery in the U.S. through its Indiegogo reward-based crowdfunding campaign. The distillery opened its doors in May 2016 and has generated almost $115,000 in sales. It has also been voted “Best Distillery in D.C.” by a Washington Post reader’s poll.
The distillery revealed on their campaign page:
“Republic Restoratives’ 8,000 square-foot main floor hosts a tasting room and cocktail bar called the Ivy Room. The space was designed by New York-based architecture and design firm Mapos. Headed by experienced bartender David Strauss, the Ivy Room features a rotating list of seasonal mix drinks and specialty cocktails such as a Moscow Mule with homemade ginger beer, a Tuxedo Martini, a Vodka Tonic, and a Bloody Mary. The main floor fits up to 130 people and is available for private events and tastings. Distillery tours are offered to the public on the weekends and are available by appointment Monday through Friday.”
Republic Restorative also noted that it locally distills spirits, such as vodka and bourbon thanks to master distiller Berle “Rusty” Figgins Jr., who also designs distillation systems, including the one-of-a-kind dual-kettle spirits still found at the distillery.
The campaign is currently scheduled to close tomorrow (January 14th).
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