Ferndale Project

Ferndale Project

Closed: Dec. 2020

About this raise

Ferndale Project, a brewery in Ferndale, MI, is raising crowdfunding on MainVest. The brewery offers great beer, excellent delivery service, and delicious food. The company has innovated during the pandemic and reopened with grace and care. Dayne Bartscht founded Ferndale Project in September 2019. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $250,000, and the funds will be used to stabilize operations due to unanticipated growth during the coronavirus pandemic. Ferndale Project has continuously reinvented itself and is on pace to meet 2020 revenue projections. The brewery has launched the largest direct to customer beer delivery service in Michigan.

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Investment Overview

Invested this round: $250,000

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
11/02/2020
Close Date
12/31/2020
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Ferndale, Michigan
Business Type
Life Style
Company Website
Visit Website

Team

Employees
50
Founder Name
Dayne Bartscht
Title
Managing Partner

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2020 MainVest - $250,000 Revenue Share Funded RegCF
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Ferndale Project on MainVest
Platform: MainVest
Security Type: Revenue Share

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

Ferndale Project Deal Report

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