About this raise
Lochiel Brewing, a brewery in Mesa, AZ, is raising funds on MainVest. It is a 10-barrel full-electric brewhouse, with several 7-barrel and 15-barrel fermenters. The brewery produces a range of Scottish-style, strong malt-forward beers. Ian Cameron founded Lochiel Brewing in 2015. The current crowdfunding campaign has a minimum raise of $50,000 and a maximum raise of $250,000. The funds will be used for purchasing raw material to increase production. Lochiel Brewing has already created a brand recognition for its beers and caters to the Scottish/Irish community in Arizona. The brewery plans to expand its bottling, production volume, and marketing to increase sales and revenues.
Investment Overview
Invested : $61,100
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 08/27/2020
- Close Date
- 10/28/2020
$50,000
$250,000
$100
Revenue Share
RegCF
1.50X
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +18% YoY
- $141,888
- Monthly Burn
- $3,158
-
Runway
- 0 months
- Gross Margin
- 67%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/27/2021 | MainVest | - | $2,900 | Revenue Share | Not Funded | RegCF |
| 10/28/2020 | MainVest | - | $61,100 | Revenue Share | Funded | RegCF |