Sarasota alcohol spirits company seeks $2.5M in funding

Two years can make quite a difference, as evidenced by the amount of growth Sarasota-based Bushwacker Spirits has seen since fall 2021. 

For one, the company, which was founded in 2019 and had its first bottle ready for market in May 2020, is currently amid a $2.5 million funding round. It's the company’s third funding raise, coming after one that raised $1.7 million and one that raised $1.3 million. The efforts are paying off: co-founder and owner Michael Smith says the company is nearing cash flow positive status. Bushwacker now has three offices, though most of the company's 10 employees work remotely.