Dokkaebier

Bringing Asian-influenced brews and diversity to the craft beer scene

Analytics

Raised to Date: $113,321

Aggregate Commitments $
Platform

Wefunder

Start Date

05/24/2021

Close Date

04/30/2022

Min. Goal

$75,000

Max. Goal

$300,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

0%

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

321

% of Min. Goal

151%

% of Max. Goal

38%

Likelihood of Max
extremely
Avg. Daily Raise

$5,666

# of Investors

105

Momentum
warm
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Location

Oakland, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Dokkaebier, with a $5 million valuation cap, is raising funds on Wefunder. The company is bringing the Asian flavor to the craft beer industry with its Asian-influenced brews. The business has launched many exquisite flavors and has many new recipes being tested. Youngwon Lee founded Dokkaebier in June 2019. The proceeds of the current crowdfunding round, with a minimum target of $75,000 and a maximum target of $300,000, will be used for inventory, operating capital, and marketing. Dokkaebier was the finalist in the 2020 Brewpound Pitch Slam Competition. It also opened a popup in San Francisco and generated $185,000 in the middle of COVID-19.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$54,834

$70

COGS

$0

$0

Tax

$2,711

$0

 

 

Net Income

$-344,152

$-79,347

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$51,272

$21,009

Accounts Receivable

$0

$0

Total Assets

$157,757

$73,218

Short-Term Debt

$6,367

$10,376

Long-Term Debt

$532,700

$100,000

Total Liabilities

$539,067

$110,376

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