Bear Hug Brewing Company

Bear Hug Brewing Company

Early Stage

Brewery

Brewery

Overview

Raised this Round: Raised: $11,550

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

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

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.

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

Financials as of: 08/13/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Bear Hug Brewing Company 09/27/2024 Honeycomb $2,500,000 $11,550 Equity - Common Active RegCF
Bear Hug Brewing Company 10/28/2022 MainVest - $0 Revenue Share Not 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.

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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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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