MIAMI, June 18, 2020 /PRNewswire/ -- On the heels of its brand launch, GrapeStars, the one-of-a-kind marketplace for celebrity wine & spirits, announces today the launch of a Republic crowdfunding campaign, aimed to create a community of celebrity wine & spirits fans.
Having just closed a $5M seed round, GrapeStars launches today a Republic crowdfunding campaign, aimed to generate funds and users by attracting investors who check both boxes. GrapeStars' vision is to make celebrity wines and spirits more accessible to consumers and feel that the Republic crowdfunding effort will achieve that.
"GrapeStars is a groundbreaking company that is set for tremendous growth," said company's Chairman and investor, Kevin Harrington. Original "shark" from Shark Tank, Kevin's ventures have launched more than 500 products producing over $5 billion in global sales. Twenty of his companies have each topped $100 million in revenue. "As more celebrities are breaking into the spirits industry, fans are finding it difficult to find their brands as there is no central place for consumers to browse and purchase these products, until now. I rarely come across such an incredible marketing play in all my years in business but GrapeStars is truly primed to become the Amazon of celeb products in just a few short years."