Verge Brewing

Verge Brewing

Early Stage

Fueling Cincinnati Beer Growth

Fueling Cincinnati Beer Growth

Overview

Raised to Date: Raised: $106,000

Total Commitments ($USD)

Platform

WunderFund

Start Date

01/28/2021

Close Date

12/31/2021

Min. Goal
$105,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Pre-Money Valuation

$2,250,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/01/2022

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

$315

# of Investors

36

Momentum
Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Loveland, Ohio

Business Type

Growth

Verge Brewing, with a post-money valuation of $2.5 million, is raising funds on Wunderfund. The brewery brews best-in-class beers in the right way with the founding group of 50% women and 30% Native Americans. It makes beers like Belgian White IPA, Irish Cork Stout, Dark Mild Ale, American Amber Ale, and Belgian Triple Ale and sells them to taprooms and retail stores. Pete Bender founded Verge Brewing in 2019. The current crowdfunding raise has a minimum target of $105,000 and a maximum target of $250,000, and the funds will be used to start on-site manufacturing and open a kitchen, taproom, dining, and outdoor beer garden. Verge Brewing is led by an experienced and award-winning brew team, taking it to higher grounds.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-10,429

$-3,030

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$16,541

$11,970

Accounts Receivable

$0

$0

Total Assets

$16,541

$11,970

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/28/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Verge Brewing 12/30/2022 WunderFund $2,000,000 $50,100 Equity - Common Funded RegCF
Verge Brewing 12/30/2021 WunderFund $2,250,000 $106,000 Equity - Common 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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Verge Brewing on Wunderfund
Platform: WunderFund
Security Type: Equity - Common
Valuation: $2,250,000
Price per Share: $100.00

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