Battle and Brew
Gaming Venue
Overview
Raised: $9,849
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/17/2024
Close Date
05/02/2024
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.25%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/27/2024
Days Remaining
5
% of Min. Goal
16%
% of Max. Goal
8%
Likelihood of Max
Avg. Daily Raise
$240
# of Investors
23
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Battle and Brew is raising funds on Honeycomb. It is a video game restaurant and venue in Atlanta, Georgia. Battle and Brew is a staple of geek, gamer, and nerd culture and serves as a gamer dining, drinking, and entertainment venue. The business has a roster of unique Geek Events, including cosplay parties, Minis and Mimosas, and trivia, and has more than 70,000 followers on social media. Ben Izaguirre, Soel Tran, and David Veatch founded Battle and Brew in February 2022. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for new experiences and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,213,345 |
$-693 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$14,849 |
$2,552 |
|
Accounts Receivable |
$0 |
$10,000 |
|
Total Assets |
$3,291,787 |
$1,012,167 |
|
Short-Term Debt |
$15,449 |
$0 |
|
Long-Term Debt |
$3,144,836 |
$1,012,859 |
|
Total Liabilities |
$3,160,285 |
$1,012,859 |
Financials as of: 03/17/2024
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.