BeerMKR

BeerMKR

About this raise

BeerMKR, with a valuation of $12.3 million, is raising funds on StartEngine. The company has designed and developed an automated countertop craft beer brewing system. The brewing system uses fewer steps and only a wifi connection to brew craft beer at home. BeerMKR has sold hundreds of units and reported $1 million in sales in 2021. The business earns strong recurring revenue for each BeerMKR, which amounted to $130 in 2021. Aaron Walls, Matthew Goff, and Evgeniy Tkachenko founded BeerMKR in January 2013. The current crowdfunding campaign has a minimum target of $9,998.56 and a maximum target of $2,499,980.86. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $130,291

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
08/23/2022
Close Date
11/22/2022
Min. Goal
$9,999
Max Goal
$2,499,981
Min. Investment

$197

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.98

Pre-Money Valuation

$12,300,722

Company & Team

Company

Year Founded
2013
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Boulder, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Evgeniy Tkachenko
Title
VP Engineering
Founder Name
Matthew Goff
Title
Chief Technical Officer
Founder Name
Aaron Walls
Title
Chief Executive Officer

Financials

 Revenue +54% YoY
$748,490
 Monthly Burn
$87,615
 Runway
1.1 months
Gross Margin
2%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$748,490

$485,736

COGS

$733,547

$572,353

Tax

$0

$0

 

 

Net Income

$-1,051,377

$-1,167,198

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$92,014

$14,967

Accounts Receivable

$0

$0

Total Assets

$679,545

$864,951

Short-Term Debt

$197,992

$191,933

Long-Term Debt

$620,165

$150,000

Total Liabilities

$818,157

$341,933

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,917,661
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/22/2022 StartEngine $12,300,722 $130,291 Equity - Common Funded RegCF
11/02/2021 StartEngine $17,999,534 $466,220 Equity - Common 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
BeerMKR on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,300,722
Price per Share: $5.98

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Follow BeerMKR on StartEngine 2022

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

BeerMKR Deal Report

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