Soulmate Brewing Company
Early Stage
Veteran-owned craft brewery dedicated to serving the community
Overview
Raised: $128,674
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/14/2020
Close Date
02/28/2021
Min. Goal
$75,002
Max. Goal
$274,999
Min. Investment
$250
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
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
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
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
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.