TapRm

TapRm

A platform for everything beer

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Security Type
Crowd SAFE
Categories
Alcohol
Min Investment
$100
Location
Brooklyn, NY
Offering Date
November 24, 2020
Expected Close Date
April 02, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

Vision Brand development & geographic expansionWith your investment, TapRm will continue to dominate the beer e-commerce market in New York and expand into additional markets. With our unlimited potential, there are a myriad avenues for growth, but some of our key goals include: 

Key Deal Facts

Fastest growing U.S. alcohol e-comm platform during COVID-19
Over 1.5M beers sold with a $5M annual revenue run-rate
670% annual growth rate; projected $22M revenue over next 18 months
35K+ unique customers & 110 brand partners
$325K in brand marketing investments, including Anheuser Busch & Blue Point
650+ retail partners, including Whole Foods, Total Wine, Eataly & Per Se
$119B+ total U.S. market with $4B+ addressable market in New York alone

Management Team / Advisory Board Bios

Jason Sherman
Founder

Zach Miles
Operations, Finance, and Strategy

Dan Minogue
Brand Partnerships

Robbie Scott
Marketing and Data

Nick Triano
B2B

Susie Michelson
Customer Success

Audrey Banks
Product

Graham Glaser
Beer Geek

Deal Notes

Discount: 0%

Amount Raised : $1,605,272
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Business Traction
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Management Team
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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