#USA #Kentucky #Lexington #Bespoken Spirits #Series-C

Bespoken Spirits Celebrates Series-C Funding Success

Bespoken Spirits, an innovative leader in sustainable, precision-aged spirits, has announced the successful completion of its Series-C funding round, which wrapped up on May 30. This funding round reflects strong market confidence in Bespoken’s unique technology, which promises to revolutionize aging processes in the spirits industry. With a remarkable total of over $11 million raised from more than 100 individual investors, Bespoken Spirits is set on an accelerated path towards expanding its market footprint.

Accelerated Growth Ahead

The new financial backing will be pivotal for Bespoken as it seeks to enhance production capabilities and invest in its proprietary technology. This investment will enable the company to introduce a diverse array of flavors and aromas, catering to an evolving consumer palate that increasingly values quality and sustainability in their spirit choices.

In the words of TJ Rodgers, Chairman of the Board for Bespoken Spirits, "We are thrilled to have closed our Series-C round successfully. This achievement is a testament to our mission: disrupting and modernizing the spirits industry while promoting sustainability and product excellence. The robust support from our investors puts us in a strong position to tackle the next phase of growth and reach cashflow breakeven."

Recognition Through Excellence

Bespoken Spirits has already garnered attention in the spirits community by claiming over 240 medals in prestigious tasting competitions across San Francisco, New York, and Europe. This accolade showcases the effectiveness of its patented maturation technology, which not only minimizes environmental impact but also empowers distillers to achieve exceptional precision in taste, aroma, and texture, setting a new standard in the industry.

By leveraging natural aging compounds with precision, Bespoken is reshaping how spirits are crafted, introducing a faster and more environmentally friendly method of aging. This not only serves the company’s interests but also aligns with the increasing consumer demand for sustainable practices in food and beverage production.

A Vision for the Future

Founded in Silicon Valley and now based in Lexington, Kentucky, Bespoken Spirits is committed to redefining what it means to produce high-quality spirits. With the goal of having successfully created over 5,000 distinct whiskey trials while consuming significantly less wood, water, and energy than traditional methods, the company remains a trailblazer in the field. This philosophy of sustainability combined with technological innovation underpins the brand’s success and its future endeavors.

Furthermore, the positive trajectory indicates that profitability is on the horizon, with the company expected to achieve it within the next year. This goal is supported by the strong sales performance over five consecutive quarters, making Bespoken Spirits a noteworthy contender in the spirits market.

In summary, the successful close of the Series-C funding round stands as a pivotal moment for Bespoken Spirits, propelling the company toward its ambitious goals while fostering sustainable practices within the industry. As it moves forward, the brand is poised to not only enhance its offerings but also to redefine the experience of drinking spirits in a way that harmonizes with environmental stewardship. The future looks bright for Bespoken Spirits as it diligently works toward reshaping the landscape of the spirits industry in a sustainable and innovative manner.