About this raise: Bircus, with a valuation of $15 million, is raising funds on MainVest. It is a one-of-a-kind destination brewery where the world of circus and love of craft beer and great food live together. Bircus is housed within the Ludlow Theatre and has a built-in entertainment schedule of circus, pro wrestling, stand-up comedy, and live music. The business has won several awards and has a number of strategic partnerships. Paul H Miller founded Bircus in March 2012. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for canning operations, cider production, working capital, marketing, merchandise, landscape Bircus expansion site, Bircus Kenya, and legal and accounting fees.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
01/24/2024
Close Date
03/22/2024
Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$500.00

Pre-Money Valuation

$15,000,000

Company & Team

Company

Year Founded
2012
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Ludlow, Kentucky
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Paul Hallinan Miller
Title
Opportunity Manager

Funding data not publicly available

Financials

as of Fiscal Year 2022
 Revenue +30% YoY
$851,697
 Monthly Burn
$35,859
 Runway
2.4 months
Gross Margin
76%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$851,697

$653,083

COGS

$206,015

$167,671

Tax

$56,934

$72,820

 

 

Net Income

$-430,305

$-264,464

Summary Balance Sheet

FY 2022 FY 2021

Cash

$85,462

$37,592

Accounts Receivable

$0

$0

Total Assets

$599,168

$632,028

Short-Term Debt

$25,000

$25,000

Long-Term Debt

$500,210

$500,201

Total Liabilities

$525,210

$525,201

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Bircus Brewing Co. 05/17/2024 MainVest $15,000,000 $0 Equity - Common Not Funded RegCF
Bircus 03/22/2024 MainVest $15,000,000 $0 Equity - Common Not Funded RegCF
Bircus 03/31/2022 WunderFund $15,000,000 $166,925 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Bircus on MainVest 2024
Platform: MainVest
Security Type: Equity - Common
Valuation: $15,000,000
Price per Share: $500.00

Follow company

Follow Bircus on MainVest 2024

Buy Bircus's Deal Report

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

Bircus Deal Report

Get Kingscrowd's comprehensive report on Bircus including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Bircus is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Bircus deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge