Smittox Brewing

Smittox Brewing

Closed: Jun. 2021

About this raise

Smittox Brewing, an upcoming brewery in Plano, TX, is raising crowdfunding on MainVest. The exciting taproom and brewery makes delicious craft beers and will continue to collaborate with breweries to build its brand. The taproom will also serve to bring the community together with its family-friendly and inviting environment. Kuumba Smith founded Smittox Brewing in July 2020. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $150,000. The raise proceeds will be used towards taproom buildout, licensing fees, and barrel room. Smittox Brewing is led by an experienced and passionate team and plans to grow its business by teaming up with local small businesses.

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Investment Overview

Invested this round: $87,600

Deal Terms

Total Commitments

Platform
MainVest
Start Date
03/30/2021
Close Date
06/02/2021
Min. Goal
$50,000
Max Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Allen, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Kuumba Smith
Title
Founder

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/02/2021 MainVest - $87,600 Revenue Share Funded RegCF
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Smittox Brewing on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Smittox Brewing may no longer be accepting investments.

Smittox Brewing Deal Report

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