Outbound Brewing on StartEngine

Hemp CBD Non-Alcoholic Craft Beer

Raise to date: $27,411

Reporting Date: 04/05/2020

Key Stats

Minimum Raise

$9,985

Maximum Raise

$1,069,992

Likelihood of Max Unlikely
Start Date

01/13/2020

Stop Date

04/10/2020

Days Remaining

2

Security Type

Common Stock

Investment Minimum

$280

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

42

% of Minimum Raised

275%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$521,291

DPD* Committed

$330

DPD* Category

$0

DPD* All Companies

$911

Kingscrowd Momentum

$27,411

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Outbound Brewing, with a pre-money valuation of $10 million, is raising funds on StartEngine. The company manufactures and sells non-alcoholic craft beverages, including CBD-infused non-alcoholic craft beer. The beverages of Outbound Brewing allow users to include CBD in their life while abstaining from alcohol. The company was founded by Marty Reed, Lyden Henderson, Greg Haap, and Charlie Reed. The current round of crowdfunding has a minimum target of $9,999 and a maximum target of $1,070,000, and the proceeds will be used to scale the business and enter new markets. The products of Outbound Brewing are healthy, functional, and interesting, without the negative side-effects of alcohol. The company already has six offerings and plans to roll out more shortly. Outbound Brewing has a strong gross profit margin of 39% and expects to continue increasing its revenue by scaling up the business.

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