5th Element Brewing

5th Element Brewing

Brewery

Brewery

Overview

Raised this Round: Raised: $43,900

Total Commitments ($USD)

Platform

MainVest

Start Date

05/03/2023

Close Date

07/07/2023

Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

4.10%

Year Founded

2017

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Leander, Texas

Business Type

Growth

5th Element Brewing is raising funds on MainVest. It is a craft nano-brewery located in Leander, Texas. The brewery aims to house its production facilities and brewpub in a historic building in old town Leander to retain the old flavor of the town. 5th Element Brewing is focused on good beer, good people, and good life and plans to craft beers, including Red Horn, Humble Pint, Oasis, Whitestone, and Bluebonnet. Michael Brune and Kimberly DeStefano founded 5th Element Brewing in April 2017. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for setting up a beer garden and a food truck and operating capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/03/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
5th Element Brewing 07/06/2023 MainVest - $43,900 Revenue Share Funded RegCF
5th Element Brewing 01/11/2022 MainVest - $73,400 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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5th Element Brewing on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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