Hops & Grain to Close Out Crowdfunding Campaign on Wefunder: Company has Raised over $765,000 to Open New Tap Room and Brewery in San Marcos, TX
Press Release – San Francisco, Calif. – Aug. 5, 2016 – Hops & Grain, a gold-winning craft brewery in Texas, and Wefunder, the most popular platform for Regulation Crowdfunding, announced today that Hops & Grain is one of the early companies to soon close a successful Regulation Crowdfunding offering. The company is nearing its goal and has raised $765,970 in about 8 weeks, via 405 individual investors.
Regulation Crowdfunding is a new option enabled by the recent passage of Title III of the JOBS Act, and allows everyday people (not just the wealthy) to make equity investments of as little as $100 in startups and small businesses. Wefunder, one of several FINRA-approved portals for these offerings, has become the clear leader in the space, hosting more than half of all Regulation Crowdfunding offerings. To date, Wefunder has helped its portfolio companies raise more than 6x the total of all the other portals combined.
Hops & Grain is a gold-winning craft brewery in Austin, Texas. The company brews and packages all of its own beer on-site and sells it throughout Austin and the surrounding areas.
Josh Hare, CEO of Hops & Grain commented, “Working with Wefunder was a fast, simple way for us to raise money quickly and engage our patrons to invest in our company and help us open a second brewery. Crowdfunding is a terrific platform for small businesses like ours who may not catch the eye of traditional investors but have a loyal following of customers eager to help you grow your business. We would definitely work with Wefunder again; they made the whole process smooth and painless.”
“Hops & Grain did everything right when it came to fundraising,” said Wefunder co-founder and CEO Nick Tommarello. “They made it easy and very rewarding for investors to contribute and we are thrilled that because of their fundraise and loyal customers, they will be able to open their second brewery in Texas.”
To register as a potential investor and review investment opportunities at Wefunder, visit https://wefunder.com. The minimum investment is $100. To get funded on Wefunder, visit wefunder.com/raise_funding.
Wefunder helps anyone invest as little as $100 in startups you love, and is the most popular platform for Regulation Crowdfunding. Its vision is to build a new type of stock market (“a NASDAQ for riskier ventures”) that lets the public allocate capital to a wider range of businesses, more broadly and efficiently than banks or venture capitalists. Investors on Wefunder have invested more than $20 million into 130+ companies since 2013, including Zenefits, Checkr and Casetext. Learn more about Wefunder’s story at wefunder.com/wefunder or follow us @wefunder.
About Hops & Grain
Specializing in craft beer and sustainability, Hops & Grain Brewery is located in East Austin (literally at the end of East Sixth Street) at 507 Calles, Austin, TX 78702. Hops & Grain Tap Room is open from 10 a.m.-10 p.m. seven days a week. Tours of the brewery given Tuesday through Friday at 5 p.m. and Saturdays at 1, 3, and 5 p.m.. For further information please visit www.hopsandgrain.com or call 512.914.2467. ‘Like’ us on Facebook at Facebook.com/hopsandgrain and follow us on Twitter @HopsandGrain.
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