Seven Stills

Craft beer, re-imagined as whiskey

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Security Type
CAFES
Categories
Alcohol, Retail, Entertainment, Food & Bev
Min Investment
$250
Location
San, CA
Offering Date
August 01, 2018
Expected Close Date
March 18, 2019
Target Raise
$1.07M
Deal Notes

Priced Round

$28.2Mpre-money valuation

$10.06per share

Common Stock

$25K+pro rata right threshold

If you invest, you're betting Seven Stills will be worth more than $28.2M in the future.

Valuation
$28,200,000
Website
sevenstills.com

Company Description

We're a brewery and distillery. We founded our company in 2013. The model was super unique, which was to make whiskey out of craft beer. We started with that concept, and continued it for our first three and a half years. Then we started getting more into the craft beer, to leverage what we're working on with all these cool projects. Today, our intention is to have the craft beer alongside the whiskeys that we're making from the same craft beers.

Perks

$503+
Gold Card Member - Receive 10% off at all Seven Stills locations + two complimentary tickets to the 100 Hooper Grand Opening Party

$1,006+
Gold Card+ Member - Receive 10% off at all Seven Stills location + four complimentary tickets to the 100 Hooper Grand Opening Party

$5,030+
Black Card Member - Receive 31% off at all Seven Stills locations + four complimentary tickets to the 100 Hooper Grand Opening Party

$10,060+
Black Card Member w/ Locker - Black Card Membership + Receive 31% off at all Seven Stills locations + four complimentary tickets to the 100 Hooper Grand Opening + One Year Complimentary Whiskey Locker in Secret Bar at 100 Hooper

Key Deal Facts

On track for $3.5M in sales this year, up from $1.17M in 2017.
Grown 100+ percent each year since launch.
Raised $968K in pre-seed round.
New location will share building with Adobe's new HQ with 5,000 employees.
Profitable.
2,500+ retail locations.
Produce craft whiskey made from craft beers and craft beers.

Use of Proceeds

If we raise: $50,300

95% -- Contributing to construction costs for 100 Hooper

5% -- Wefunder Intermediary Fee

 

If we raise: $1,066,360

95% -- Complete construction and buildout for our new distillery and space, 100 Hooper

5% -- Wefunder Intermediary Fee

Management Team / Advisory Board Bios

Tim Obert - Co-Founder & CEO
Founder and CEO of the fastest growing brewery and distillery in San Francisco

Clinton Potter - Co-Founder & Distiller
Former Design Engineer, Learned Distilling from a member of the Irish Whiskey Society

Deal Notes

Priced Round

$28.2Mpre-money valuation

$10.06per share

Common Stock

$25K+pro rata right threshold

If you invest, you're betting Seven Stills will be worth more than $28.2M in the future.

Amount Raised : $72,450
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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