Mountain West Cider
About this raise
Mountain West Cider, with a pre-money valuation of $6.5 million, is raising crowdfunding on StartEngine. The cidery makes award-winning hard apple cider using the finest ingredients. The ciders of Mountain West Cider are produced on a small scale and are unique. Jeffrey C. Carleton founded Mountain West Cider in 2014. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. The raise proceeds will target increased distribution, revenue growth, and the addition of new ciders. Mountain West Cider is the most purchased craft cider in Utah and has been voted SLC City Weekly Utah’s Best Cider for five consecutive years.
Investment Overview
Invested $81,665 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -19.2% YoY
- $578,162
- Monthly Burn
- $12,136
-
Runway
- 3.2 months
- Gross Margin
- 46%
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/14/2021 | StartEngine | $6,500,000 | $81,665 | Equity - Common | Funded | RegCF |