Home > News > Whitby Gin raises £200K in 3-hours following successful crowdfund campaign

Whitby Gin raises £200K in 3-hours following successful crowdfund campaign

Whitby Gin Distillery, nestled in the picturesque coastal town of Whitby, is thrilled to announce the public launch of its equity crowdfunding campaign on Seedrs, following a swift and successful private phase.

Founded in 2017 by Jessica Slater and Luke Pentith, Whitby Gin Distillery began its journey in a humble utility room, driven by a vision centred on provenance and community.

Now, with strong momentum and ambitious growth plans, Whitby Gin Distillery invites individuals to become shareholders in this iconic northern brand.

Whitby Gin co founders Jessica and Luke

After an extraordinary private launch to pre-registered investors, where they achieved their initial target of £200,000 within just 3 hours, they are excited to extend this special opportunity to everyone for the remainder of this month.

“We believe that people and provenance are at the heart of everything we do,” say co-founders Jessica & Luke.

Having accomplished significant milestones such as relocating to the Botany Way site in 2021, expanding our product range, and becoming the top-rated distillery in the UK on Trustpilot, with over 250,000 bottles sold and 3.5 million G&Ts enjoyed, Whitby Gin Distillery is now embarking on its most ambitious project yet – the construction of a new distillery in the shadow of Whitby Abbey. This venture presents an unparalleled opportunity for growth and expansion.

Whitby Gin bottle of original gin

“Our ambitions extend beyond the horizon,” they explain. With a focus on provenance and sustainability, the new distillery will serve as a launchpad for exciting new spirits and an all-weather visitor attraction.

The UK gin market is poised for significant growth, with forecasts predicting a 50% increase by 2028. Whitby Gin Distillery’s commitment to quality and the Yorkshire Coast sets them apart, ensuring continued success in the industry.

Whitby Gin Distillery team of staff

Whitby Gin is aiming for significant growth over the next 5 years with a target to increase sales by 500%. “On the back of the irreplicable new distillery, there will be a huge opportunity to grow through trade, retail, tourism and export, we have so much planned for the coming years”

“We invite you to join us on this journey,” they say. Your investment isn’t just a financial opportunity; it’s a chance to be part of something truly special.

Exciting rewards await investors, including tour vouchers and private evening events at the new Whitby Gin Distillery.

For more information about investing, please visit their website or contact [email protected]

8 Botany Wy, Whitby YO22 4QX – Get Directions


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Written by

Georgia Suggitt

10/05/2024

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