Hard AF Seltzer
About this raise
Hard AF Seltzer, with a valuation of $15 million, is raising funds on Wefunder. The company makes canned hard seltzer with 8% ABV, with no sugar, carbs, or gluten. Hard AF Seltzer uses a neutral-tasting base with top-level flavoring to create its smooth and drinkable high ABV seltzer that does not taste like cough syrup. The products are available in more than 2,000 locations in seven states and have sales of $1.2 million in the first two years. Dan Hollaway, Ross Patterson, and Jarred Taylor founded Hard AF Seltzer in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring and point-of-sale merchandise.
Investment Overview
Committed $1,845,887 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +51% YoY
- $281,280
- Monthly Burn
- $25,000
-
Runway
- 0.4 months
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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 |
---|---|---|---|---|---|---|
04/30/2025 | Wefunder | $15,000,000 | $1,845,887 | SAFE | Active | RegCF |