Stormalong Cider
Stormalong Cider, with a valuation of $12.29 million, is raising funds on StartEngine. The business makes award-winning hard ciders from fresh and local apples and other whole ingredients. Stormalong Cider does not use any artificial additives and concentrates, and delivers superior-tasting cider to over 3,000 retail locations, including Whole Foods and Trader Joe’s. The business has a loyal customer base and has generated 60% in CAGR since 2016 and $2.6 million in revenue in 2024 so far. Shannon Edgar and the Edgar family founded Stormalong Cider in September 2021. The current crowdfunding campaign has a minimum and maximum target of $123,986.02. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Investment Overview
Raised: $92,090
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +11% YoY
- $3,072,683
- Monthly Burn
- $200,000
-
Runway
- 1.3 months
- Gross Margin
- 35%
Upgrade to gain access
-
$12.50 /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
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/03/2025 | StartEngine | $12,286,584 | $92,090 | Equity - Preferred | Active | RegCF |