Dokkaebier

Dokkaebier

Early Stage

Bringing Asian-influenced brews and diversity to the craft beer scene

Bringing Asian-influenced brews and diversity to the craft beer scene

Overview

Raised this Round: Raised: $148,921

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/23/2021

Close Date

11/03/2021

Min. Goal
$75,000
Max. Goal
$300,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Year Founded

2021

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Oakland, California

Business Type

Growth

Dokkaebier, with a $5 million valuation cap, 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 and has many new recipes being tested. Youngwon Lee founded Dokkaebier in June 2019. The proceeds of the current crowdfunding round, with a minimum target of $75,000 and a maximum target of $300,000, will be used for inventory, operating capital, and marketing. Dokkaebier was the finalist in the 2020 Brewpound Pitch Slam Competition. It also opened a popup in San Francisco and generated $185,000 in the middle of COVID-19.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$54,834

$70

COGS

$0

$0

Tax

$2,711

$0

 

 

Net Income

$-344,152

$-79,347

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$51,272

$21,009

Accounts Receivable

$0

$0

Total Assets

$157,757

$73,218

Short-Term Debt

$6,367

$10,376

Long-Term Debt

$532,700

$100,000

Total Liabilities

$539,067

$110,376

Financials as of: 05/23/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Dokkaebier 06/26/2023 Wefunder $8,000,000 $331,549 SAFE Funded RegCF
Dokkaebier 11/02/2021 Wefunder $5,000,000 $148,921 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Dokkaebier on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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