Venice Duck Brewery
Early Stage
Craft beer company
Overview
Raised: $300
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/26/2023
Close Date
07/26/2023
Min. Goal
$10,000
Max. Goal
$300,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$5,700,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
46
% of Min. Goal
3%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$20
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2011
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Venice Duck Brewery, with a valuation of $5.7 million, is raising funds on NetCapital. The craft brewery is located in Los Angeles, California, and distributes its beer through bars, restaurants, and liquor stores across California. The beer portfolio of Venice Duck Brewery includes Hard Seltzers, Agave Blonde, India Pale Ale, and Brown Hemp Ale, and it plans to add more to the portfolio. Christian Warren and John Henry Binder founded Venice Duck Brewery in May 2011. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $300,000. The campaign proceeds will be used for beer inventory, cans, mobile marketing kits, sales team, social media, and legal expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$335 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,734 |
$-1,405 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$63 |
$63 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$63 |
$398 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$99,008 |
$91,528 |
|
Total Liabilities |
$99,008 |
$91,528 |
Financials as of: 05/26/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
-
$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
Edge Pro
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.