2 Row Brewing

Early Stage

A highly respected and loved brewery in need of a new facility and tap room

Overview

Raised to Date: Raised: $81,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/13/2023

Close Date

04/30/2023

Min. Goal

$50,006

Max. Goal

$1,234,998

Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$39.59

Early Bird Valuation

$3,749,574

Pre-Money Valuation

$4,200,499

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

162%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,132

# of Investors

71

Momentum
cool.svg
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Midvale, Utah

Business Type

Growth

Company Website

2 Row Brewing, with a valuation of $4.2 million, is raising funds on Wefunder. It is a high-quality brewery in Midvale, Utah that makes a wide variety of beers. The brewery has progressed from 20 gallons per batch in 2014 to 90 gallons per batch in 2016 to 250 gallons per batch in 2018. 2 Row Brewing has invested in QA/QC equipment to maintain the quality of its beers and has outsourced some lab work to White Labs. Brian Coleman and De De Coleman founded 2 Row Brewing in May 2014. The current crowdfunding campaign has a minimum target of $50,006 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, the buildout of a new brewery and taproom, and equipment purchases.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$611,610

$691,903

COGS

$229,188

$181,737

Tax

$0

$0

 

 

Net Income

$-135,782

$-45,538

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$109,031

$220,789

Accounts Receivable

$33,424

$21,636

Total Assets

$332,945

$514,728

Short-Term Debt

$36,947

$31,265

Long-Term Debt

$307,445

$399,030

Total Liabilities

$344,392

$430,295
Financials as of: 02/13/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Are you the founder of 2 Row Brewing? Create your account today to claim this raise page.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
2 Row Brewing on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $4,200,499

Follow company

Follow 2 Row Brewing on Wefunder 2023
View on Wefunder
Deal Analytics
Company Ratings