Dokkaebier
Bringing Asian-influenced brews and diversity to the craft beer scene
Overview
Raised: $209,812
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
280%
% of Max. Goal
34%
Likelihood of Max
Avg. Daily Raise
$3,747
# of Investors
142
Momentum
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Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
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.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$95,828 |
$54,834 |
COGS |
$0 |
$0 |
Tax |
$0 |
$2,711 |
| ||
| ||
Net Income |
$-317,623 |
$-344,152 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$31,125 |
$51,272 |
Accounts Receivable |
$32,380 |
$0 |
Total Assets |
$67,105 |
$157,757 |
Short-Term Debt |
$85,123 |
$6,367 |
Long-Term Debt |
$739,655 |
$532,700 |
Total Liabilities |
$824,778 |
$539,067 |
Financials as of: 01/26/2023
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