Shelter Distilling

Shelter Distilling

Open  for investment

About this raise

Shelter Distilling, with a valuation of $25 million, is raising funds on StartEngine. It is a multi-location craft distillery with a flagship production facility in Montrose, Colorado. Shelter Distilling crafts unique spirits, including gin, bourbon, agave, whiskey, canned cocktails, and craft beer, and sells through its three retail locations and wholesale distribution. The company is building a strong brand with consistent demand and has won several awards. Jason Senior, Matt Hammer, and Karl Anderson founded Shelter Distilling in June 2016. The current crowdfunding campaign has a minimum target of $19,993.92 and a maximum target of $1.23 million. The campaign proceeds will be used for inventory, company employment, sales and marketing, research and development, and working capital.

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Investment Overview

Committed this round: $174,724

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
04/17/2025
Close Date
07/17/2025
Min. Goal
$19,994
Max Goal
$1,234,995
Min. Investment

$498

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.59

Pre-Money Valuation

$25,000,110

Company & Team

Company

Year Founded
2016
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
Mammoth Lakes, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
Yes
Founder Name
Matt Hammer
Title
Director of Marketing and Branding
Founder Name
Karl Anderson
Title
Director of Finance and Administration
Founder Name
Jason Senior
Title
Corporate Master Distiller/Brewer

Financials

 Revenue +31% YoY
$6,046,982
as of FY2024
 Monthly Burn
$475,000
as of Mar '25
 Runway
0.6 months
as of Mar '25
 Gross Margin
67%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$6,046,982

$4,609,654

COGS

$1,983,588

$1,347,403

Tax

$0

$0

 

 

Net Income

$-997,494

$-692,260

Summary Balance Sheet

FY 2024 FY 2023

Cash

$584,821

$1,928,539

Accounts Receivable

$45,978

$30,313

Total Assets

$14,228,597

$11,237,549

Short-Term Debt

$1,323,108

$1,765,208

Long-Term Debt

$5,625,177

$2,370,115

Total Liabilities

$6,948,285

$4,135,323

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$5,820,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/17/2025 StartEngine $25,000,110 $174,724 Equity - Common Active RegCF
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Shelter Distilling on StartEngine 2025
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,000,110
Price per Share: $10.59

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