Original Brands
About this raise: Original Brands, with a valuation of $20 million, is raising funds on Wefunder. The company makes the all-American domestic premium beer for the all-American beer drinkers. Original Brands’ beer offerings include Original Glory and OG Light that are both ultra-light bodied, flavorful, crisp, and refreshing, with OG Light carrying lower carbs and calories than Original Glory. The company has won awards for its beer and reported a 560% revenue growth in 2023. Michael Sadler founded Original Brands in September 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, operational costs and production, production equipment, salaries, and hiring additional sales personnel.
Investment Overview
Committed : $114,250
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 04/24/2024
- Close Date
- 03/03/2025
$50,000
$1,235,000
$200
Convertible Note
Seed
RegCF
$18,000,000
$20,000,000
10%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +463% YoY
- $544,496
- Monthly Burn
- $20,285
-
Runway
- 1.9 months
- Gross Margin
- 78%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $521,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/03/2025 | Wefunder | $20,000,000 | $114,250 | Convertible Note | Active | RegCF |