Hopsters (2019)

Hopsters (2019)

Closed: Mar. 2019

About this raise

Hopsters is a nationally expanding brewery and restaurant that allows you to brew your own beer. They’ve opened two locations since 2013, including a 6,000 square foot space in the Seaport District of Boston that earned $1.1M in Q1 of 2018. Hopsters also raised $1.3M from 713 Wefunder investors in 2017, and their average gross margin is 75% across both locations. They serve their own beer through their own taps, which has led to a 90% gross margin on all Hopsters-brewed beer served on-site. With another location in Philadelphia in the works, Hopsters hopes to open 2 more locations in 2019 and have 16 locations by 2022.

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Investment Overview

Invested this round: $1,070,000

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
10/03/2018
Close Date
03/15/2019
Min. Goal
$300,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$500.00

Pre-Money Valuation

$5,145,500

Company & Team

Company

Year Founded
2013
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Distribution Model
B2C
Margin
Capital Intensity
Location
Newton, Massachusetts
Company Website
Visit Website

Team

Employees
20

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/15/2019 Wefunder $5,145,500 $1,070,000 Equity - Common Funded RegCF
08/11/2017 Wefunder $4,000,000 $1,069,997 Equity - Preferred Funded RegCF
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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.

Employee History

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Hopsters on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $5,145,500
Price per Share: $500.00

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Follow Hopsters on Wefunder

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

Hopsters Deal Report

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