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BLACK HAMMER BREWING

Operating

Black Hammer Holdings, Inc

Alcohol · Brewery · San Francisco, CA · Founded 2024

Craft-brewery in San Francisco specializing in gluten-removed beers

Post-money valuation ⓘ
$11.4M
As of Jul 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$160,148
Across 1 round since 2024
Latest share price
$1.12
Reg CF · Common Stock · Mar 2024 offering price

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$1.9M
−$26K
2021
$2.3M
−$11K
2022
$2.7M
−$319K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$1,935,501
$2,320,453
$2,735,457
Cost of goods sold
$556,555
$633,048
$755,056
Gross margin
71%
73%
72%
Net income
-$26,056
-$10,869
-$318,898
Taxes paid
$0
$0
$0
Balance sheet
Cash
$118,296
$145,458
$36,593
Accounts receivable
$17,309
$16,970
$25,083
Total assets
$407,097
$414,534
$265,960
Short-term debt
$276,476
$373,145
$573,642
Long-term debt
$729,383
$651,020
$620,847
Total liabilities
$1,005,859
$1,024,165
$1,194,489
Other
Headcount
—
25
25

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$11.2M
pre-money
Reg CF · Common · Mar 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, Apr 25, 2024

  • James Furman43.9%of company
  • Kevin Jackey30.7%of company
  • Andrew Baron2.2%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $160.1K / $618KInvestors 92Post-money $11.4M

Team

4 people
James Andrew FurmanFounder
Co-Founder, CEO & Director

Jim co-owns and operates Black Hammer Brewing and Willkommen, an indoor German beer garden l in San Francisco. Jeff will be providing Form C sign-off as the Company's Principal Accounting Officer. Before founding Black Hammer Brewing and our restaurant, Willkommen, in San Francisco in 2014 and 2019, respectively, Jim was a leading expert in the field of nuclear power plant Emergency Core Cooling System design, analysis and testing, in the context of thermodynamics, hydraulics and fluid dynamics as well as in indeterminate chemical reaction kinetics. Jim has a degree in Chemical Engineering from the University of Connecticut and is a licensed Professional Mechanical Engineer in the state of California.

Kevin Albert Jackey
Co-Founder & Director

An accomplished financial executive, Kevin joined Black Hammer Brewing at inception and has been an intricate part of the growth story since. A beer lover at heart, Kevin has been at the core of creating and nurturing inclusion in the SF beer scene since 2015. Kevin works approximately 20 hrs/week for Black Hammer Brewing.

James Furman
CEO, Principal Accounting Officer, and Director
Kevin Jackey
Director

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 3 annual reports (FY2023–FY2025)

92 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UJul 12, 20240001665160-24-001064
    EDGAR
  • Form C/AApr 25, 20240001665160-24-000498
    EDGAR
  • Form C-ARApr 25, 20240001665160-24-000500
    EDGAR
  • Form CMar 25, 20240001665160-24-000254
    EDGAR
Source: ManualCIK 0002016716DEShare price $1.12

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.