Debellation Brewing Company (2023)
About this raise
Debellation Brewing Company is raising funds on MainVest. It is the first craft beer brewery in the city of Richmond Hill, Georgia, offering new styles and flavors of beer. The brewery makes unique flavors of premium craft beer using high-quality raw materials. Debellation Brewing Company is led by an experienced team and aims to take benefit of the owners’ built-in customer base. David Goodell founded Debellation Brewing Company in 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $35,000. The campaign proceeds will be used for the buildout of the upper deck, electrical parts and labor, miscellaneous buildout, and purchasing a fermentation tank.
Investment Overview
Invested : $30,000
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 03/27/2023
- Close Date
- 05/27/2023
$25,000
$35,000
$100
Revenue Share
Seed
RegCF
1.20X
0.85%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $267,116
- Monthly Burn
- $2,876
-
Runway
- 2.3 months
- Gross Margin
- 86%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Debellation Brewing Company | 12/15/2023 | MainVest | - | $24,500 | Revenue Share | Funded | RegCF |
| Debellation Brewing Company | 09/29/2023 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing Company | 05/27/2023 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 04/09/2021 | MainVest | - | $13,200 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 02/24/2021 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 01/15/2021 | MainVest | - | $66,500 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 11/11/2020 | MainVest | - | $65,500 | Revenue Share | Funded | RegCF |