Aurochs Brewing Company

Aurochs Brewing Company

Early Stage

Gluten-free beer

Gluten-free beer

Overview

Raised to Date: Raised: $298,558

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/30/2021

Close Date

05/02/2022

Min. Goal
$10,000
Max. Goal
$525,000
Min. Investment

$250

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,402

# of Investors

301

Momentum
Funded
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Year Founded

2012

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Emsworth, Pennsylvania

Business Type

Life Style

Aurochs Brewing, with a valuation of $15 million, is raising funds on StartEngine. The brewery makes great-tasting gluten-free craft beer. The beers are brewed with millet, quinoa, and other gluten-free ingredients. They are sold through direct walk-up sales to the tasting rooms or through wholesalers. Aurochs Brewing has grown 800% in the past four years and is ready to expand into 38 states. Ryan Bove and Doug Foster founded Aurochs Brewing in 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $525,000. The campaign proceeds will be used to expand distribution, launch new products, implement cost reductions, and pay down old debt.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$276,357

$284,591

COGS

$163,978

$148,585

Tax

$0

$0

 

 

Net Income

$-362,263

$-463,437

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$204,943

$142,197

Accounts Receivable

$0

$0

Total Assets

$736,749

$773,314

Short-Term Debt

$168,128

$168,022

Long-Term Debt

$416,339

$262,641

Total Liabilities

$584,467

$430,663

Financials as of: 09/30/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Aurochs Brewing Company 05/01/2022 StartEngine $15,000,000 $298,558 Convertible Note Funded RegCF
Aurochs Brewing Company 10/07/2020 Honeycomb - $150,000 Revenue Share Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Aurochs Brewing on StartEngine 2021
Platform: StartEngine
Security Type: Convertible Note
Valuation: $15,000,000

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