Copperworks Distilling Co. offering is now closed and is no longer accepting investments.
INVEST IN COPPERWORKS DISTILLING CO. TODAY!
Award-Winning Craft Distillery on the Seattle Waterfront
$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
VALUATION
$11.72M
AMOUNT RAISED
$1,990,109.27
Breakdown
MIN INVESTMENT
$249.10
MAX INVESTMENT
$106,999.58
MIN NUMBER OF SHARES OFFERED
18,867
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Non-Voting Common Stock
MAX NUMBER OF SHARES OFFERED
9,433,962
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Big Derby Distilling Company |
Corporate Address | : | 1250 Alaskan Way , Seattle , WA 98101 |
Offering Minimum | : | $9,999.51 |
Offering Maximum | : | $4,999,999.86 |
Minimum Investment Amount(per investor) | : | $249.63 |
Terms
Offering Type | : | Equity |
Security Name | : | Non-Voting Common Stock |
Minimum Number of Shares Offered | : | 18,867 |
Maximum Number of Shares Offered | : | 9,433,962 |
Price per Share | : | $0.53 |
Pre-Money Valuation | : | $11,723,916.41 |
*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
01.01.22
Final Hours: Invest by Midnight Tonight (PT) – Dec 31!
Just Hours Left to Invest in Copperworks
There are just a few hours left to invest in Copperworks Distilling! Our campaign closes tonight at midnight (PT). Invest now to join us in our exciting expansion plans. Thank you to all who have already invested!
Happy New Year!
12.31.21
Last Chance: Invest by Midnight Tonight (PT) – Dec 31!
Invest by Midnight Tonight (PT)
You have until midnight tonight (PT) to join us and help bring our expansion plans to life. Thanks to everyone who has invested so far. Please join us to help us complete these exciting expansion plans.
12.31.21
Last Day to Invest in Copperworks!
Last Day to Invest in Copperworks
Today is the LAST DAY to invest in Copperworks. Our campaign closes tonight at midnight (PT), December 31. Thanks to everyone who has invested so far. With your help, we can raise enough to complete this full build-out in a single construction effort which will allow us to open the restaurant and begin brewing as soon as possible. Over 1,000 investors have already joined us!
12.30.21
1 Day Left to Invest in Copperworks; Q&A Session Recap
Just 1 Day Left to Invest in Copperworks
There is just 1 day left to invest in Copperworks. Our campaign closes tomorrow, on December 31. Thanks to everyone who has invested so far. With your help, we can raise enough to complete this full build-out in a single construction effort which will allow us to open the restaurant and begin brewing as soon as possible. Almost 1,000 investors have already helped us raise over $1.8 Million for these exciting projects.
Investment Q&A Session
Thank you to everyone who joined our Q&A session yesterday. If you were unable to attend and would like like to review the session, you can see it by clicking here.
12.29.21
Final 2 Days to Invest in Copperworks Distilling; Investment Q&A Session Today @ 4pm PT
Only 2 Days Left to Invest in Copperworks
You only have 2 days left to invest in Copperworks. Our campaign closes on December 31. Our project in Kenmore is underway and we're working towards a Summer 2022 opening. With your help, we can raise enough to complete this full build-out in a single construction effort allowing us to open the restaurant and begin brewing as soon as possible. If you have any questions before committing, please join us today for our Investment Q&A Session (details below).
Investment Q&A Session
Join us today for one last opportunity to ask us questions live before the campaign closes. We’ll give a few brief updates, but the primary purpose of the session will be to give you an opportunity to ask any question you may have about our plans or the investment opportunity. Open and free to the public, registration required. We will record the session and make it available to everyone afterwards. If you have a question but cannot attend, you can submit it ahead of time and we will answer your question during the session.
When: Wednesday, December 29 @ 4pm PT
Click here to register for the session.
12.28.21
Investment Q&A Session; Closing in on 1,000 investors; Final 3 Days to Invest
Investment Q&A Session
Join us for one last opportunity to ask us questions live before the campaign closes. We’ll give a few brief updates, but the primary purpose of the session will be to give you an opportunity to ask any question you may have about our plans or the investment opportunity. Open and free to the public, registration required. We will record the session and make it available to everyone afterwards. If you have a question but cannot attend, you can submit it ahead of time and we will answer your question during the session.
When: Wednesday, December 29 @ 4pm PT
Click here to register for the session.
Only 3 Days Left to Invest in Copperworks
We are closing in on 1,000 investors in this campaign with only 3 days left to invest in Copperworks. Our campaign closes on December 31. Our project in Kenmore is underway and we're working towards a Summer 2022 opening. With your help, we can raise enough to complete this full build-out in a single construction effort allowing us to open the restaurant and begin brewing as soon as possible.
12.27.21
4 Days Left to Invest; Final Question and Answer Session This Wednesday, Dec 29
4 Days Left to Invest
There are only 4 days left to invest in Copperworks. Our campaign closes on December 31.
Investment Q&A Session
Join us for one last opportunity to ask us questions live before the campaign closes. We’ll give a few brief updates, but the primary purpose of the session will be to give you an opportunity to ask any question you may have about our plans or the investment opportunity. Open and free to the public, registration required. We will record the session and make it available to everyone afterwards. If you have a question but cannot attend, you can submit it ahead of time and we will answer your question during the session.
When: Wednesday, December 29 @ 4pm PT
Click here to register for the session.
12.24.21
Final Days to Invest
8 Days Left to Invest
We are proud that almost 900 investors have joined us since the beginning of this campaign. You have 8 days left to invest in Copperworks. Our campaign closes on December 31.
Happy Holidays!
12.23.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Copperworks Distilling Co. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Copperworks Distilling Co. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
12.22.21
Only 9 Days Left to Invest; Copperworks Recently in the Press
Campaign Closes in 9 Days
Your chance to invest in Copperworks ends in 9 days. The offering is closing on December 31. With your help we can complete the Phase 1 restaurant and Phase 3 brewery in a single effort and save considerable time and expense. If you've already invested, please consider sharing our investment opportunity with your friends and family.
Copperworks in the Press
We also wanted to direct you to some recent press coverage Copperworks has received:
Our project was featured with a nice article in the Bothell-Kenmore Reporter (the local paper in the town of our expansion location): https://www.bothell-reporter.com/news/copperworks-distilling-co-to-expand-with-kenmore-location/
Our American Single Malt Whiskey was included in Seattle Magazine's essentials for the holidays: https://seattlemag.com/life-style/seattle-magazine-essentials
And, the Whiskey Wash covered our pre-sale of our special whiskey to benefit the KY Tornado Relief efforts: https://thewhiskeywash.com/whiskey-styles/american-whiskey/copperworks-to-release-a-kentucky-tornado-relief-american-single-malt-whiskey/
REWARDS
$250
$250+
Invitation to quarterly phone call and annual meeting.
$2,200
$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
$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
$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
$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
$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
$100,000
Receive an invitation to join our board of advisors + Each item from previous perk tiers.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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