1487 Brewery
About this raise: 1487 Brewery, a brewery in Plain City, OH, is raising funds on MainVest. The company sells authentic German beer with a modern American twist. The brewery currently sells curb-side and online and is ready to launch its new brewpub. Ben King and Thomas Garbe founded 1487 Brewery in 2016. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $200,000, will be used for kitchen and brewery equipment and bar & Biergarten FF&E. 1487 Brewery is actively brewing its beers for the brewpub and getting through the permits for its kitchen. The brewpub has 26 socially-distanced tables, with a pavilion and a stone natural gas fire pit.
Investment Overview
Invested : $55,100
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 09/01/2020
- Close Date
- 01/06/2021
$12,500
$200,000
$100
Revenue Share
Pre-Seed
RegCF
1.40X
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Team
- Employees
- 7
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/06/2021 | MainVest | - | $55,100 | Revenue Share | Funded | RegCF |