Velum Fermentation

Early Stage

Brewery

Analytics

Raised to Date: Raised: $57,405

Aggregate Commitments $

Platform

Honeycomb

Start Date

11/23/2022

Close Date

01/20/2023

Min. Goal

$25,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Price Per Share

$4.00

Pre-Money Valuation

$6,025,000

Rolling Commitments $

Status

Active

Reporting Date

12/09/2022

Days Remaining

42

% of Min. Goal

230%

% of Max. Goal

46%

Likelihood of Max
extremely
Avg. Daily Raise

$3,588

# of Investors

60

Momentum
warm.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Pittsburgh, Pennsylvania

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Velum Fermentation is raising funds on Honeycomb. It is an upcoming craft brewery in Pittsburgh, Pennsylvania. The brewery will span 35,000 sq ft of industrial building space and will function as a community-driven and family-friendly space for everyone. Velum Fermentation will serve premium craft beers, including IPAs, traditional lagers, barrel-aged and wild sours, and seasonal pours. Nathan McLaughlin founded Velum Fermentation in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for the Phase 1 buildout of the brewery.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-27,881

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,372

$0

Accounts Receivable

$0

$0

Total Assets

$1,787,423

$0

Short-Term Debt

$0

$0

Long-Term Debt

$428,127

$0

Total Liabilities

$428,127

$0

Financials as of: 11/23/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Velum Fermentation on Honeycomb 2022
$
Platform: Honeycomb
Security Type: Equity - Common
Valuation: $6,025,000

Follow company

Follow Velum Fermentation on Honeycomb 2022
View on Honeycomb
Bullish / Bearish
You're Bullish on Velum Fermentation on Honeycomb 2022

Thank you for your vote on Velum Fermentation on Honeycomb 2022

Bullish / Bearish
You're Bearish on Velum Fermentation on Honeycomb 2022

Thank you for your vote on Velum Fermentation on Honeycomb 2022