Acrospire Brewing

Acrospire Brewing

Closed: Sep. 2021

About this raise

Acrospire Brewing, a brewery in Glenshaw, PA, is raising funds on Honeycomb. The brewery specializes in traditional craft beer flavors and new classics and brews small batches. The business has a mature and professional customer base with a selective pallet for craft beverages. Eric Truscott and Gregory Long founded Acrospire Brewing in 2015. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $150,000, and the funds will be used to buy fermentation tanks, a brite tank, kegs, a keg washer, barware, a chiller, and a walk-in cooler. Acrospire Brewing has twelve beers on tap with rotating flavors and styles. The brewery has a 5/5 rating on Google Reviews and a loyal customer base.

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Investment Overview

Invested this round: $143,130

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
08/11/2021
Close Date
09/28/2021
Min. Goal
$50,000
Max Goal
$150,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Glenshaw, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Eric Truscott
Title
Owner

Financials

 Revenue
$45,445
 Monthly Burn
$124
 Runway
24+ months
Gross Margin
65%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$45,445

$0

COGS

$15,770

$0

Tax

$0

$0

 

 

Net Income

$-1,484

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,309

$1,057

Accounts Receivable

$0

$0

Total Assets

$62,945

$64,299

Short-Term Debt

$0

$0

Long-Term Debt

$1,668

$3,000

Total Liabilities

$1,668

$3,000

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/28/2021 Honeycomb - $143,130 Debt Funded RegCF
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Acrospire Brewing on Honeycomb 2021
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Acrospire Brewing may no longer be accepting investments.

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