Self Care by Three Magnets Brewing
Self Care by Three Magnets Brewing, with a valuation of $5 million, is raising funds on StartEngine. It is a non-alcoholic craft beer with over 60 unique recipes and multiple beer awards. Self Care by Three Magnets Brewing caters to individuals who are more mindful of the repercussions of overindulging in alcohol and brings them a healthier alternative. The company has a national DTC business and has collaborations with Ben Gibbard, Sub Pop, and Seattle’s premier music festival Bumbershoot. Sara Reilly and Aaron Blonden founded Self Care by Three Magnets Brewing in June 2013. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, equipment, marketing, and working capital.
Investment Overview
Raised: $151,974
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/26/2024
- Close Date
- 02/20/2025
$124,000
$1,235,000
$300
Equity - Common
RegCF
$1.00
$5,000,000
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Olympia, Washington
- Company Website
-
Visit Website
Team
- Employees
- 4
Financials
-
Revenue
- $543,096
- Monthly Burn
- $28,723
-
Runway
- 0.4 months
- Gross Margin
- 41%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/20/2025 | StartEngine | $5,000,000 | $151,974 | Equity - Common | Active | RegCF |