Modica

Modica is the world's first Superfood Cocktail and Mocktail Mix!

https://wefunder.com/modica

Total raised on Wefunder: 53100

Total investors: 33

Quick facts

  • Current mixers are loaded with sugar, preservatives, and other known carcinogens.
  • Modica is all natural, low in sugar, and fortified with vitamins and antioxidants.
  • In 2021, our first full year of sales, we partnered with a distributor and entered 50+ stores!
  • During that time, both founders were only part time, yet we did almost $100k in sales.
  • We also sell online and have shipped out orders to all 50 states!
  • Founder Eric has 15 years of experience in the beverage industry, specifically cocktails & mixology.
  • Founder JD has 15 years of experience in Sales and Marketing at Fortune 500 companies.

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Modica

Modica is the world's first Superfood Cocktail and Mocktail Mix!

Funded badge
Last Funded May 2023

$450,200

raised from 33 investors

What Investors Say

Associate Investor
LEAD INVESTOR
Invested $50,000 this round
Modica is an all natural, low sugar, and fortified cocktail mixer manufacturer. The company was started by Eric Wentworth and John Mitchell as part of a course during their MBA program at the University of Louisville after noticing a resurgence of the cocktail culture. With the sale of cocktail mixers on the rise, Modica’s healthy-focused approach makes them unique to tackle an interesting niche in the cocktail mixer industry.During 2021, their first official year in business, Modica’s revenue was ≈$80,000. The mixers are currently available in 3 different flavors and can be purchased locally in the Louisville area (≈50 locations) and through their website. Their 2022 plans include expanding to Lexington and Cincinnati, and launching an array of new flavors. Keyhorse decided to invest in the company because: (1) the founders have been extremely methodical about their sales strategy and growth approach. Their financial projections and procurement orders reflect a deep understanding of their business and market; and (2) preliminary research shows that the healthy approach (focused mainly in nutrition-added value) is unique in the market. Most products in the cocktail mixers market are high in sugar and not made out primarily with natural ingredients (“superfoods”).
What People Say