Copperworks Distilling

Copperworks Distilling

Award-Winning Craft Distillery on the Seattle Waterfront

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Security Type
Common Stock
Categories
Alcohol
Min Investment
$250
Location
Seattle, WA
Offering Date
September 03, 2021
Expected Close Date
March 03, 2022
Target Raise
$10.00K-$5.00M
Security Price
$0.53
Valuation
$11,700,000

Company Description

Copperworks is a craft distillery, tasting room, and retail store in the high-traffic waterfront tourist district of downtown Seattle. As demand for our highly acclaimed, award-winning spirits rises, we plan to expand with a new tasting room, a new downtown visitor center location, and a new production facility.

Key Deal Facts

Copperworks has achieved more than seven years of successful operation with increased revenue and production each year.
Copperworks high-quality craft spirits have been recognized with multiple national and international awards and the company was named the 2018 Distillery of the Year by the American Distilling Institute.
The Copperworks team has significant professional experience and demonstrated results in building beverage production plants and offering outstanding customer experiences. We well-equipped to successfully execute our multi-pronged expansion plan.

Management Team / Advisory Board Bios

Jason Parker, Co-Founder/President
Jason was raised in Kentucky and may have a touch of bourbon in his blood. Maybe that what got him into craft beer brewing in the early days, before there was even a microbrew scene in Seattle. With degrees in chemistry and microbiology and love of fine beer, he was the first brewer at Pike Place Brewery in 1989. He went on to refine his craft with Fish Brewing Company, Redhook, and work as Brewmaster at Pyramid Breweries. He partnered with Micah Nutt to open Copperworks in 2013. A long-time advocate for craft brewing, craft malting, and craft distilling, Jason served as Board Member and chair of the Washington Distiller Guild. He led Copperworks to become a founding member of the American Single Malt Whiskey Commission. He now serves on the Board of Directors of the Craft Maltsers Guild.

Micah Nutt, Co-Founder/Distiller
Micah is a skilled and technical home brewer. Introduced to the craft in the 1980s by his brother, Micah eventually constructed an efficient all-electric basement brewery. As a software engineer, he set out to fully automate the process with computer control. But the solid-state relays, thermistors, and painstakingly soldered circuit boards were abandoned after he realized that brewing is more fun when done the old-fashioned way. Long encouraged by friends, Micah casually explored opening his own brewery in the new millennia. But when Washington State passed legislation allowing craft distilleries, his thoughts diverted to starting a distillery. Among Micah’s many talents is wood-working and he rebuilt and refined the stunning antique bar featured in Copperworks tasting room.

Jeff Kanof, Co-Owner/Vice President
Jeff is a recovering attorney, having left his law firm job in New York City for the Northwest to focus on his passion for fine spirits. He cut his teeth in Seattle by helping to launch Letterpress Distilling. Always an avid beer fan, Jeff spent a month in Belgium seeking out some of the world best beers. His interest in complex flavors and craftsmanship led him to explore American whiskey. Countless bottles later, he realized he had fallen in love with spirits and the art of mixing drinks. Jeff joined Copperworks in time to help bottle the first batch of spirits and now directs sales and a huge range of other functions at Copperworks. He serves as Secretary/Treasurer on the American Craft Distilling Association & Board of Directors.
Amount Raised : $1,632,405
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Security Description

Common stock is a security that represents ownership in a corporation.

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