Outbound Brewing

Outbound Brewing

Early Stage

Hemp CBD Non-Alcoholic Craft Beer

Hemp CBD Non-Alcoholic Craft Beer

Overview

Raised to Date: Raised: $29,732

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/12/2020

Close Date

04/10/2020

Min. Goal
$9,985
Max. Goal
$1,069,992
Min. Investment

$280

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$27.97

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

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

$338

# of Investors

43

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

Del Mar, California

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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Outbound Brewing on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $27.97

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