Atlas Brew Works - Alexandria Expansion
About this raise
Atlas Brew Works - Alexandria Expansion is raising funds on MainVest. The business makes high-quality beer in the DC area and now plans to expand to Alexandria, Virginia. The current location reported a 30% revenue growth in 2021 and a 22% distribution growth in 2022. The new Alexandria expansion will be located at a prime location within the Carlyle Crossing development and will carry the legacy of Atlas Brew Works to Virginia. Justin Cox founded Atlas Brew Works - Alexandria Expansion in December 2022. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $400,000. The campaign proceeds will be used for the construction of the new location.
Investment Overview
Invested : $248,800
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 03/07/2023
- Close Date
- 05/19/2023
$200,000
$400,000
$100
Revenue Share
Pre-Seed
RegCF
1.20X
1.50%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/19/2023 | MainVest | - | $248,800 | Revenue Share | Funded | RegCF |