Hidden Sands Brewing Company (2024)
About this raise
Hidden Sands Brewing Company is raising funds on Honeycomb. It is a premier brewery in Egg Harbor Township, New Jersey, that crafts malt beverages with a unique edge. Hidden Sands Brewing Company’s brewing system is equipped with Siemens Process Logic Control and allows precise monitoring and control of the brewing process to create exceptional beer styles. The business has won several awards and serves beer through its tasting room and other bars. Matthew Helm founded Hidden Sands Brewing Company in December 2005. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $415,000. The campaign proceeds will be used for refinancing high-interest debt and marketing.
Investment Overview
Not Funded: $7,550
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 02/13/2024
- Close Date
- 04/13/2024
$25,000
$415,000
$100
Equity - Common
Early Stage
RegCF
$5.00
$12,000,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -18.9% YoY
-
$328,898
as of FY2022
- Monthly Burn
-
$3,649
as of FY2022
-
Runway
-
3.2 months
as of FY2022
- Gross Margin
-
81%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $50,525
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/13/2024 | Honeycomb | $12,000,000 | $7,550 | Equity - Common | Not Funded | RegCF |
| 06/23/2023 | StartEngine | $12,100,000 | $84,761 | Equity - Common | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.