Seir Hill

Seir Hill

Early Stage

Exceptional spirits without alcohol

Exceptional spirits without alcohol

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/19/2023

Close Date

06/21/2024

Min. Goal
$10,010
Max. Goal
$499,975
Min. Investment

$105

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$35.00

Pre-Money Valuation

$3,500,000

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Wilton, Connecticut

Business Type

Growth

Seir Hill, with a valuation of $3.5 million, is raising funds on NetCapital. The company makes healthy alternatives to traditional spirits to elevate the moments of celebration and connection. Seir Hill makes premium craft spirits without alcohol so that adults don’t have to compromise on taste and enjoyment. The business has won several awards and reported a 69% year-over-year sales growth from 2020 to YTD 2023. Brian D Miller founded Seir Hill in May 2020. The current crowdfunding campaign has a minimum target of $10,010 and a maximum target of $499,975. The campaign proceeds will be used for inventory, marketing, innovation, credit card liabilities, sales, and legal fees.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$49,878

$49,183

COGS

$22,130

$25,782

Tax

$0

$0

 

 

Net Income

$-104,558

$117,547

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,807

$33,057

Accounts Receivable

$0

$0

Total Assets

$34,307

$98,057

Short-Term Debt

$29,962

$24,116

Long-Term Debt

$54,756

$52,256

Total Liabilities

$84,718

$76,372

Financials as of: 12/19/2023
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Seir Hill on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $3,500,000
Price per Share: $35.00

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