The Craft of Brewing
About this raise
The Craft of Brewing, a brewery in Ashburn, VA, is raising funds on MainVest. The brewery has a taproom with 20 taps on the self-service wall and 14 taps behind the wall. It also offers an education-focused brewing experience and enables homebrewers to brew 20 liters or 50 liters batches onsite. Douglas Travers and Chitra Sivanandam founded The Craft of Brewing in 2014. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $250,000, will be used for distribution expansion, e-commerce expansion, working capital, and debt refinancing. The Craft of Brewing is a young brewery focused on spreading brand awareness and cultivating flagship labels.
Investment Overview
Invested $59,700 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +72% YoY
- $306,352
- Monthly Burn
- $32,548
-
Runway
- 1.5 months
- Gross Margin
- 78%
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
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/31/2021 | MainVest | - | $59,700 | Revenue Share | Funded | RegCF |