Bear Hug Brewing Company

Bear Hug Brewing Company


About this raise: Bear Hug Brewing Company, with a valuation of $2.5 million, is raising funds on Honeycomb. It is a brewery with experience based in Orlando, Florida. Bear Hug Brewing Company crafts exceptional beer on-site and complements the brews with food from two carefully selected food vendors. The brewery focuses on traditional water bases and will be recreating water profiles from around the world to showcase its expertise in water chemistry and brewing. Sean Servino and Seth Hunter founded Bear Hug Brewing Company in May 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 brewing equipment and working capital.

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Investment Overview

Not Funded: $12,800

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
08/13/2024
Close Date
09/27/2024
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$2,500,000

Company & Team

Company

Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Sarasota, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Seth Hunter
Title
Owner
Founder Name
Sean Flynn Servino
Title
Owner

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

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

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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
09/27/2024 Honeycomb $2,500,000 $12,800 Equity - Common Not Funded RegCF
10/28/2022 MainVest - $0 Revenue Share Not Funded RegCF
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Growth Charts

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.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Bear Hug Brewing Company on Honeycomb 2024
Platform: Honeycomb
Security Type: Equity - Common
Valuation: $2,500,000
Price per Share: $1.00

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

Bear Hug Brewing Company Deal Report

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