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BeerMKR on StartEngine 2022

Date:

Aggregate Commitments $

Platform

StartEngine

Start Date

08/23/2022

Close Date

11/22/2022

Min. Goal

$9,999

Max. Goal

$2,499,981

Min. Investment

$197

Security Type

Equity – Common

Funding Type

RegCF

Price Per Share

$5.98

Pre-Money Valuation

$12,300,722

Rolling Commitments $

Status

Active

Reporting Date

08/24/2022

Days Remaining

90

% of Min. Goal

104%

% of Max. Goal

0%

Likelihood of Max

unlikely

Avg. Daily Raise

$10,434

Momentum

cool.svg

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Location

Boulder, Colorado

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Foodtech

BeerMKR, with a valuation of $12.3 million, is raising funds on StartEngine. The company has designed and developed an automated countertop craft beer brewing system. The brewing system uses fewer steps and only a wifi connection to brew craft beer at home. BeerMKR has sold hundreds of units and reported $1 million in sales in 2021. The business earns strong recurring revenue for each BeerMKR, which amounted to $130 in 2021. Aaron Walls, Matthew Goff, and Evgeniy Tkachenko founded BeerMKR in January 2013. The current crowdfunding campaign has a minimum target of $9,998.56 and a maximum target of $2,499,980.86. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Revenue

$748,490

$485,736

COGS

$733,547

$572,353

Tax

$0

$0

 

 

Net Income

$-1,051,377

$-1,167,198

Summary Balance Sheet

Cash

$92,014

$14,967

Accounts Receivable

$0

$0

Total Assets

$679,545

$864,951

Short-Term Debt

$197,992

$191,933

Long-Term Debt

$620,165

$150,000

Total Liabilities

$818,157

$341,933

Financials as of: 08/23/2022

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Raise History

BeerMKR 11/22/2022 StartEngine $12,300,722 $10,434 Equity – Common
Active
RegCF
BeerMKR 11/02/2021 StartEngine $17,999,534 $466,220 Equity – Common
Funded
RegCF

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