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GET A PIECE OF COPPERWORKS DISTILLING CO.
Award-Winning Craft Distillery on the Seattle Waterfront
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.
$1,990,109.27 Raised
Overview
Lucrative Opportunities in a Growing Market
Copperworks was founded by craft brewers with more than 30 years of experience in the alcohol industry. We built our distillery to answer the question: how would spirits taste if they were distilled from superior craft beer (without hops) instead of the typical methods and ingredients of conventional distilleries? The answer led Copperworks to become a pioneer in producing American Single Malt Whiskey, a fast-growing spirits category with substantial national and international market opportunity.
the problem
Currently Lack the Capacity to Meet Our Growing Demand and Opportunities
*Images are computer-generated demo versions. Expansion is still currently under development.
The Market
Massive, Growing Opportunity in Craft Spirits
The rapid-fire growth of the crafts spirits market coupled with the substantial and consistent growth of the American whiskey market offers great opportunities for the future of American Single Malt Whiskey. Copperworks is well-positioned to capitalize on two growth market categories that, together, create a huge untapped market opportunity.
Sources: American Craft Spirits, Globe NewsWire
Leaders in the Field
Copperworks was honored to be named 2018 Distillery of the Year by the American Distilling Institute. In addition, Copperworks whiskey and gin have won Double-Gold medals and scored 94 – 96 points in prestigious spirits competitions.
As a founder of the American Single Malt Whiskey Commission and an early innovator in the American Single Malt Whiskey category, Copperworks is an established leader and well-respected brand in this rapidly growing spirits category.
The Solution
Multi-Pronged Expansion to Meet Growing Demand
Our solution to increase production and customer experience opportunities includes three phases:
*Images are computer-generated demo versions. Expansion is still currently under development.
Why Invest
A Successful, Established Operation with a Competitive Edge
The Copperworks team has significant experience building production plants and providing outstanding customer experiences. The company and its spirits have been recognized with multiple U.S. and international honors, including Distillery of the Year.
Copperworks’ proposed three-phase plan will enable the company to grow into a major regional craft spirits producer with targeted national and international distribution and an attraction that offers world-class customer experiences in the downtown and greater Seattle area.
Copperworks' brand, team, and product quality are in an ideal position to exploit the rapidly expanding sales opportunities for American Single Malt Whiskey. Our expanded customer capacity and service offerings will enable the company to become one of the primary providers of spirits enjoyment and education in the Pacific Northwest. The market opportunities exist now, and Copperworks needs to expand now to take advantage of these and future growth opportunities.
We invite you to join the exciting opportunity to bring Copperworks’ innovative, award-winning craft spirits and entertaining activities to as many customers as possible in the Pacific Northwest, U.S., and beyond.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
ABOUT
HEADQUARTERS
1250 Alaskan Way
Seattle , WA 98101
WEBSITE
View Site
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.
TEAM
Jason Parker
Co-Founder/President
Micah Nutt
Co-Founder/Distiller
Jeff Kanof
Co-Owner/Vice President
TERMS
Copperworks Distilling Co.
Overview
PRICE PER SHARE
$0.53
DEADLINE
Jan. 1, 2022 at 7:59 AM UTC
VALUATION
$11.72M
FUNDING GOAL
$10k - $5M
Breakdown
MIN INVESTMENT
$249.10
MAX INVESTMENT
$106,999.58
MIN NUMBER OF SHARES OFFERED
18,867
MAX NUMBER OF SHARES OFFERED
9,433,962
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Non-Voting Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
Time-Based Bonuses
First Week:
15% Bonus Shares
Second Week
10% Bonus Shares
Next Two Weeks
5% Bonus
Incentive-Based Perks
$250
Invitation to quarterly phone call and annual meeting.
$2,200
Lifetime 10% discount on all purchases from Copperworks, not including taxes and shipping fees + Each item from the previous perk tier.
$5,000
Lifetime of tastings for you and up to 3 guests of our core line of spirits in our tasting room + Each item from previous perk tiers.
$10,000
One week early access to all special releases. Invitation to join our team for a single taste panel session (virtually or in-person) + Each item from previous perk tiers.
$25,000
Spend a day with our distillers, including lunch (or dinner) with one of the leadership team + Each item from previous perk tiers.
$50,000
Help select a single cask of whiskey to be bottled and sold to the public + Each item from previous perk tiers.
$100,000
Receive an invitation to join our board of advisors + Each item from previous perk tiers.
*All perks occur when the offering is completed.
PRESS
ALL UPDATES
REWARDS
JOIN THE DISCUSSION
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Aubrey Dinneen
2 years ago
Just wanted to say how happy I am to participate in this. I visited WA in 2014, and my friend and I found Copperworks by accident. We got a private tour of the newly opened waterfront location, and did tasting of the Vodka and Gin. At the time, you didn't even have Whiskey available, and had just barreled the first whiskey. It's amazing to see how far you have come since I found you in 2014, and I'm happy that one of my favorite craft vodka's from the place I now come home is growing and moving toward becoming much more successful. Cheers to this round of funding. I can't wait to see the progress on these projects.
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Paul Mason
2 years ago
There link to the Q&A is not publicly accessible.
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Mason Boudreaux
2 years ago
Any ways of shipping to Mississippi I’m willing to invest but I would like to buy the product as well
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Oscar Rojas
2 years ago
As a Kenmore business owner, I'm gladly investing into Copperworks Distilling Co. I believe you’ll find Kenmore the perfect place for your expansion plans. Do you have a business plan-type pdf link explaining the 3 expansions phases with details and target completion dates?
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Mikołaj Roszak
2 years ago
MIKOŁAJ ROSZAK BUY ALL PRZEDWIOŚNIE 79/12 73-110 STARGARD POLAND
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Darrell Reed
2 years ago
when do i get proof of my investment shares????
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Robert Hallwood
2 years ago
I'm someone wanting to invest but currently determining how much to risk. I believe this will be a lengthy investment period. After reviewing all your materials provided, I have questions if you don't mind answering. I've enjoyed your products, best of luck with your expansion. First, are you modeling your growth intentions, following in the footsteps of another distiller's business role model? Which has seen success in reaching their similar growth aspirations. Do you have a targeted date to being profitable? Is there consideration for an IPO has we hope retail sales in your product expands to multiple markets? Second, it looks possible you will not reach your maximum. If you do not reach your maximum of $4,999,999.86 invested in this round, how far does it set back your plans for expansion and growth? Third, supposing a major buyer makes an offer and you three voting partners decide to sell your company to a corporation such as Anheuser (Elysian), or a celebrity such as Ryan Reynolds (Aviation), which recently sold to Diageo. What happens to our shares assuming we investors will have to sell as well. Who or what determines the share price we must sell at? Lastly, regarding the debt your company currently owes its creditors. Is the company financially well enough to make repayments towards the principle borrowed? Or are you only making interest payments? That's a lot of questions, I know. Please answer what you can. And thank you for your time. All the best!
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Robert Uhlenkott
2 years ago
If I only want to invest in stages 1 or 2 of the expansion could I sell my shares afterward? What would be the process of doing so?
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Richard Selby
2 years ago
I live in South Carolina and during a recent business trip, I was able to visit CopperWorks Distillery. All I can say is that it is one amazing location. Was able to do a tasting and meet the team. Very knowledgeable about the business and they have a very well mapped out plan and focus. I was able to order about 8-10 bottles of some of the best tasting whiskey! 038 and 039 whiskey is some of the smoothest I have ever tasted. It is very had to imagine it getting better! They support some amazing causes. Before I forget, the peated whiskey is also amazing. Keep up the great work and the great vision!! By the way, everything arrived today and was packaged very well. Christmas early for me. Ordering more tomorrow. Thanks to the team, Kyle
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Nick Johnson
2 years ago
My calendar has a Q4 investor call scheduled for 4:00 pst tomorrow afternoon. Is that still on?
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