Soulmate Brewing Company

Soulmate Brewing Company

Early Stage

Veteran-owned craft brewery dedicated to serving the community

Veteran-owned craft brewery dedicated to serving the community

Overview

Raised to Date: Raised: $128,674

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/14/2020

Close Date

02/27/2021

Min. Goal
$75,002
Max. Goal
$274,999
Min. Investment

$250

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$1,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$445

# of Investors

133

Momentum
Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Morrisville, Vermont

Business Type

Life Style

Soulmate Brewing Company, with a pre-money valuation of $1.65 million, is raising funds on Wefunder. It is a veteran-owned craft brewery in Morrisville, Vermont, aimed at making people happy and bringing them together. The brewery will provide a place for brewers to experiment and will honor the active, retired, disabled, and honorably discharged veterans through a 10%-15% discount. Soulmate Brewing Company was founded by Jonathan Mogor and Carol Mogor in 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $75,002 and a maximum target of $274,999, will be used to build the brewing plant and purchase boilers, chillers, kegs, brite tanks, and fermentation tanks. Soulmate Brewing Company is led by a strong team of brewers with decades of experience and is expected to have lower overall costs than other brewers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$226

$0

COGS

$130

$0

Tax

$0

$0

 

 

Net Income

$-4,954

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$50,215

$0

Accounts Receivable

$0

$0

Total Assets

$50,946

$0

Short-Term Debt

$50,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$50,000

$0

Financials as of: 05/14/2020
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Soulmate Brewing Company on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $1,500,000
Price per Share: $5.00

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

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