About this raise
Dokkaebier, with a valuation of $8 million, is raising funds on Wefunder. The company is bringing the Asian flavor to the craft beer industry with its Asian-influenced brews. The business has launched many exquisite flavors, including Kimchi Sour, Milk Stout, Yuza Blonde, and Bamboo Pilsner, and has many new recipes being tested. Dokkaebier sells at over 400 retail locations and reported a 228% year-over-year account growth in 2022. Youngwon Lee founded Dokkaebier in June 2019. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $618,000. The campaign proceeds will be used for brewery acquisition costs, inventory, and operating capital.
Investment Overview
Invested : $331,549
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 01/26/2023
- Close Date
- 06/27/2023
$75,000
$618,000
$100
SAFE
Early Stage
RegCF
$8,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +75% YoY
-
$95,828
as of FY2021
- Monthly Burn
-
$26,469
as of FY2021
-
Runway
-
1.2 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,368,771
- VC Backed?
- No