Revelation Ale Works
[Closed for Investment] Revelation Ale Works, with a $3 million valuation cap, is raising crowdfunding on Wefunder. The business works as breweries in multiple locations and offers house-made root beer and pizza. The breweries are located at 240 locations and also raises funds for local causes. Ryan Evenson and Lindsey Evenson founded Revelation Ale Works in 2015. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $250,000, and the funds will be used to add employees, eliminate debt, and improve cash flow. Revelation Ale Works is focused on the community and has given back over $10,000 per year back to the community.
Investment Overview
Raised: $156,022
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 05/06/2021
- Close Date
- 09/02/2021
$50,000
$250,000
$100
Convertible Note
Seed
RegCF
$2,700,000
$3,000,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +13% YoY
- $715,833
- Monthly Burn
- Profitable
- Cash on Hand
- $36,789
- Gross Margin
- 70%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/02/2021 | Wefunder | $3,000,000 | $156,022 | Convertible Note | Funded | RegCF |