Seir Hill
About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 12/20/2023
- Close Date
- 06/21/2024
$10,010
$499,975
$105
Equity - Common
Early Stage
RegCF
$35.00
$3,500,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$49,297
as of FY2023
- Monthly Burn
-
$8,713
as of FY2023
-
Runway
-
0.2 months
as of FY2023
- Gross Margin
-
56%
as of FY2023
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $210,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/21/2024 | Netcapital | $3,500,000 | $0 | Equity - Common | Not Funded | RegCF |