Haint Blue

Haint Blue

Early Stage

The official drink of the human spirit

The official drink of the human spirit

Overview

Raised to Date: Raised: $8,700

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/18/2021

Close Date

04/30/2021

Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,000,000

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/01/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$124

# of Investors

22

Momentum
Not Funded
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Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Mobile, Alabama

Business Type

Life Style

Haint Blue, with a $5 million valuation cap, is raising crowdfunding on Wefunder. It is a brewing company and taproom that makes high-quality craft beer. Haint Blue also meets the highest standards of social and environmental impact. Keith Sherill founded Haint Blue in 2015 and raised $267,000 in the previous crowdfunding round in 2016. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $250,000, will be used to launch a non-alcoholic e-commerce brand, launch another core beer, fund sales and marketing, and hire more staff. Haint Blue was the number one selling craft beer in 2018 and has generated over $1 million in sales since launch.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$391,389

$286,990

COGS

$203,362

$152,133

Tax

$24,100

$11,202

 

 

Net Income

$-132,476

$-50,667

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$8,514

Accounts Receivable

$19,043

$6,400

Total Assets

$765,404

$737,418

Short-Term Debt

$1,149,051

$1,043,245

Long-Term Debt

$0

$0

Total Liabilities

$1,149,051

$1,043,245

Financials as of: 02/18/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Haint Blue 04/29/2021 Wefunder $5,000,000 $8,700 Convertible Note Not Funded RegCF
Haint Blue 12/08/2016 Wefunder - $266,429 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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Haint Blue on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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