Happy Hippie Brewing Company
About this raise
Happy Hippie Brewing Company is raising funds on Wefunder. It is a new brewery in Richardson, Texas, creating fresh and delicious craft beer that brings people peace and love. The brewery will be open to all people and will offer an indoor taproom and open outdoor seating. Happy Hippie Brewing Company experienced 63% revenue growth in the first year and 242% revenue growth in the second year of business. Michael W Frederick founded Happy Hippie Brewing Company in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for purchasing brewing and canning equipment and a delivery vehicle, marketing, and working capital.
Investment Overview
Invested : $112,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/23/2022
- Close Date
- 11/01/2022
$50,000
$107,000
$100
Revenue Share
RegCF
8.00%
1.75%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $20,194
- Monthly Burn
- $5,619
-
Runway
- 0.1 months
- Gross Margin
- 57%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/01/2022 | Wefunder | - | $112,000 | Revenue Share | Funded | RegCF |