Wild Common, renowned for its distinctive range of Tequilas and mezcals, has successfully raised $5 million in a Series A funding round led by HIPstr, a division of HighPost Capital. The Wyoming-based agave spirits brand intends to utilize the investment to penetrate new markets, bolster its team, enhance its product offerings, and capitalize on the burgeoning growth within the Tequila sector.
Founded by Andy Bardon in 2021, Wild Common prides itself on sourcing agave from Mexico’s volcanic soils, employing traditional methods such as slow-roasting and small-batch distillation, and emphasizing handcrafted quality in every bottle.
Andy Bardon, CEO of Wild Common, expressed enthusiasm about the partnership with HIPstr, highlighting their shared vision to elevate the brand’s presence and product excellence. “Wild Common’s mission is to unite people through memorable experiences and exceptional Tequila,” stated Bardon.
David Moross, Chairman and CEO of HighPost, affirmed their commitment to supporting Wild Common’s journey towards becoming a leading player in the agave spirits market. “We are eager to collaborate with Wild Common as they continue to innovate and expand their portfolio,” Moross added.
According to IWSR Drinks Market Analysis, the US remains a pivotal market for agave spirits, experiencing significant volume and value growth, underscoring the strategic timing of Wild Common’s expansion efforts.