Ivanhoe Park Brewing Company

Ivanhoe Park Brewing Company

Open  for investment

About this raise

Ivanhoe Park Brewing Company, with a valuation of $10 million, is raising funds on StartEngine. It is a community-owned craft brewery in Central Florida known for its award-winning beers. Ivanhoe Park Brewing Company offers a lineup of handcrafted beers, including stouts, IPAs, lagers, and seasonal specialties, and caters to a growing demand for unique flavors. The business has a tasting room, hosts community events, and distributes to local bars and retail outlets. Glenn Russell Closson founded Ivanhoe Park Brewing Company in November 2024. The current crowdfunding campaign has a minimum and maximum target of $124,000. The campaign proceeds will be used for research and development, company employment, inventory, marketing, and working capital.

Expand

Investment Overview

Committed this round: $152,869

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/20/2024
Close Date
04/30/2025
Min. Goal
$20,000
Max Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2024
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Orlando, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Glen Closson
Title
CEO
Founder Name
Joe Bowling
Title
COO

Financials

 Revenue +8% YoY
$1,011,012
as of FY2023
 Monthly Burn
$2,500
as of Nov '24
 Runway
24+ months
as of Nov '24
 Gross Margin
63%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,011,012

$1,103,259

COGS

$375,304

$454,821

Tax

$0

$0

 

 

Net Income

$-308,443

$-280,743

Summary Balance Sheet

FY 2023 FY 2022

Cash

$67,906

$72,049

Accounts Receivable

$6,699

$29,916

Total Assets

$526,338

$573,837

Short-Term Debt

$0

$0

Long-Term Debt

$294,155

$275,338

Total Liabilities

$294,155

$275,338

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$275,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 StartEngine $10,000,000 $152,869 Equity - Common Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Ivanhoe Park Brewing Company on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $2.00

Follow company

Follow Ivanhoe Park Brewing Company on StartEngine 2024

Buy Ivanhoe Park Brewing Company's Deal Report

Ivanhoe Park Brewing Company Deal Report

Get Kingscrowd's comprehensive report on Ivanhoe Park Brewing Company including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Ivanhoe Park Brewing Company is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Ivanhoe Park Brewing Company deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge