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Security Type
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Non-Voting Equity
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Categories
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Alcohol
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Min Investment
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$100
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Offering Date
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May 18, 2021
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Target Raise
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$20.00K
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Valuation
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$3,000,000
Company Description
Hana Makgeolli started as a passion project in 2015 by founder and brewer Alice Jun. Through years of sharing her home brews at popups and events all over New York City, Alice realized the potential of her traditionally and naturally made brews. Alice met business partner John Limb in 2017 and they set their sights on building the first artisanal Korean rice wine brewery in the US.
Key Deal Facts
The country's first and only brewery specializing in artisanal Korean rice wines.
Female founder and head brewer.
Already raised $550K out of a $750K seed round goal.
Extremely strong demand and sales across channels since September 2020 launch.
Every bottle made has been sold, generating $80K in our first 6 months operating at 60% capacity.
High growth potential with untapped tasting room sales and larger scale production and distribution.
Core portfolio of 3 wines, all made with the highest quality organic rice and authentic Korean fermentation starter.
Management Team / Advisory Board Bios
Alice Jun, Founder & Brewer
Bootlegger, hustler, dreamer and first female brewer and founder to make artisanal Korean rice wines in the US. Former Senior Consultant at Deloitte. NYU Stern School of Business.
John Limb, LLC Managing Member
#1 advocate, believer, protector, and champion of Hana Makgeolli. Former Assistant General Counsel at AIG. Cornell University, Boston University School of Law