Modern Times
[Closed for Investment] Modern Times, with a pre-money valuation of $264 million, is raising funds on WeFunder. It is one of the fastest growing craft breweries in the country with followers in seven states. Modern Times has five tasting rooms in San Diego and Portland, and three more locations in California are under construction. It was founded by Jacob McKean in 2013 and has been unstoppable ever since. The current crowdfunding round will be launched on April 22, 2019. Modern Times reported revenues of $30.5 million in 2018, up 59% from 2017 and has reported a 30% increase in distribution in 2018.
Investment Overview
Raised: $1,069,832
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 04/22/2019
- Close Date
- 04/30/2019
$50,188
$1,069,832
$253
Equity - Common
RegCF
$252.20
$264,000,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- San Diego, California
- Company Website
-
Visit Website
Team
- Employees
- 225
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2019 | Wefunder | $264,000,000 | $1,069,832 | Equity - Common | Funded | RegCF |