Outbound Brewing
Early Stage
Hemp CBD Non-Alcoholic Craft Beer
Overview
Raised: $29,732
Rolling Commitments ($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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