BeerMKR

BeerMKR


About this raise: BeerMKR, with a pre-money valuation of $18 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. Aaron Walls, Matthew Goff, and Evgeniy Tkachenko founded BeerMKR in January 2013. The current crowdfunding campaign of the company has a minimum raise of $9,992.58 and a maximum raise of $1,069,959.54. The raise proceeds will be used to build an active field marketing team, create engaging online communities, and provide exceptional customer service. BeerMKR has sold hundreds of units in 2021 and works on a strong recurring revenue model.

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Investment Overview

Invested this round: $466,220

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
05/07/2021
Close Date
11/02/2021
Min. Goal
$9,993
Max. Goal
$1,069,960
Min. Investment

$197

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$8.97

Pre-Money Valuation

$17,999,534

Company & Team

Company

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

Team

Employees
13
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 +36% YoY
$485,736
 Monthly Burn
$91,464
 Runway
0.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$485,736

$358,326

COGS

$572,353

$333,124

Tax

$0

$0

 

 

Net Income

$-1,097,570

$-1,350,109

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$14,967

$31,123

Accounts Receivable

$0

$0

Total Assets

$415,800

$579,520

Short-Term Debt

$191,933

$829,705

Long-Term Debt

$150,000

$38,376

Total Liabilities

$341,933

$868,081

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Company Funding & Growth

Funding history

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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BeerMKR on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $17,999,534
Price per Share: $8.97

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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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