Oz. Tap House
Austin “taproom” with smart tap technology and farm-to-market fare Invest
Overview
Raised: $107,000
Total Commitments ($USD)
Platform
Microventures
Start Date
09/09/2019
Close Date
11/05/2019
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Return Multiple
1.75X
Rev. Share %
2.50%
Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Austin, Texas
Oz. Tap House, the first taproom with smart tap technology in Austin, is raising funds on MicroVentures. It is a casual dining place that offers self-serve craft beer, in addition to wine and cider. The customers at Oz. Tap House receive an innovative self-serve experience through RFID cards that track their purchases. Oz. Tap House was founded by Sean and Krista Kanter and John Odette. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $107,000, and the proceeds will be used to secure lease deposit for the second location, insurance, initial permits, construction deposit, architectural deposit, general marketing, and legal purposes. The first location of Oz. Tap House has already generated revenues of over $595,000 since its opening in February 2019, and the second location is also expected to generate good business.
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Oz. Tap House | 11/05/2019 | Microventures | - | $107,000 | Revenue Share | Funded | RegCF |
| Oz. Tap House | 10/31/2018 | NextSeed | - | $0 | Debt | Not Funded | RegCF |
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