Prolific Brewing Company

Prolific Brewing Company

Closed: Apr. 2023

About this raise

Prolific Brewing Company is raising funds on Wefunder. It is an upcoming craft microbrewery in Murrieta, California. The brewery will start its production facilities in an industrial area along with an exceptionally-sized taproom. Prolific Brewing Company is led by an experienced team and has an award-winning product. Evan Kadow, Eric Bovich, Aubrey Kadow, and Tyler Bovich founded Prolific Brewing Company in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the loan downpayment for the construction of the microbrewery and taproom and working capital.

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Investment Overview

Invested this round: $83,055

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/27/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$250

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

2.00X

Rev. Share %

10.00%

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Murrieta, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Evan Kadow
Title
Chief Brewing Officer
Founder Name
Eric Bovich
Title
Chief Revenue Officer
Founder Name
Aubrey Kadow
Title
Director of Marketing
Founder Name
Tyler Bovich
Title
Director of Hospitality

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$111
 Runway
24+ months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$800

$800

 

 

Net Income

$-1,329

$-16,463

Summary Balance Sheet

FY 2022 FY 2021

Cash

$93,008

$94,337

Accounts Receivable

$0

$0

Total Assets

$93,008

$94,337

Short-Term Debt

$800

$800

Long-Term Debt

$0

$0

Total Liabilities

$800

$800

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 Wefunder - $83,055 Revenue Share Funded RegCF
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Prolific Brewing Company on Wefunder 2022
Platform: Wefunder
Security Type: Revenue Share

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Warning: according to the close date for this deal, Prolific Brewing Company may no longer be accepting investments.

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