Temperance Beer Co
About this raise
Temperance Beer Co is raising funds on Honeycomb. It is a production craft brewery with a taproom in Evanston, Illinois. Temperance Beer Co is Evanston’s oldest and first brewery and is known for its award-winning and accessible beers. The business has won several awards and has been featured in numerous media, including Fox32 Chicago, Zagat, Red Eye, TimeOut Chicago, and the New York Times. Joshua Gilbert founded Temperance Beer Co in January 2012. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for CO2 capture equipment, new recipe development, marketing, new taproom equipment, and refinancing debt.
Investment Overview
Invested : $124,001
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 12/14/2023
- Close Date
- 01/28/2024
$60,000
$124,000
$100
Debt
Quarterly
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2012
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -60.7% YoY
-
$551,680
as of FY2022
- Monthly Burn
-
$14,439
as of FY2022
-
Runway
-
3.5 months
as of FY2022
- Gross Margin
-
38%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/28/2024 | Honeycomb | - | $124,001 | Debt | Funded | RegCF |