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Crowns & Hops Brewing Co.

Operating

Crowns & Hops, Inc

Food & Beverage · Inglewood, DE · Founded 2018

Black-Owned Craft Brewery

Post-money valuation ⓘ
$17.5M
As of Jan 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$1,724,482
Crowd $1.0M · Private $675K · 3 rounds since 2019
Latest share price
$5.00
Reg CF · Common Stock · Jul 2021 offering price

Financials

FY2019–FY2023 (no data for FY2021) · from SEC filings · hover any figure for its source
$4K
−$208K
2019
$103K
$12K
2020
2021no data
$778K
−$1.2M
2022
$695K
−$366K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2022 unaudited
FY2023 unaudited
Income statement
Revenue
$4,445
$102,725
$777,868
$694,759
Cost of goods sold
$4,142
$18,078
$710,769
$446,185
Gross margin
7%
82%
9%
36%
Net income
-$207,811
$11,647
-$1,241,305
-$365,630
Taxes paid
$0
$0
$27,235
$19,652
Balance sheet
Cash
$4,758
$49,380
$138,268
$9,415
Accounts receivable
$0
$5,394
$30,104
$30,351
Total assets
$4,758
$54,774
$401,815
$323,660
Short-term debt
$12,044
$12,163
$35,946
$64,420
Long-term debt
$0
$33,000
$132,700
$132,701
Total liabilities
$12,044
$45,163
$168,646
$197,121
Other
Headcount
—
2
—
2

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
$16.4M
pre-money
Reg CF · Common · Jul 2021

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

Share price over rounds

$5.00$2.50$1.6667
Jan 2019Jul 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 21, 2023
Class B Common Stock · 100.0%Class A Common Stock · 0.02%
ClassOutstandingVotes / shareShare of totalLast price
Class B Common Stock3,971,716—100.0%—
Class A Common Stock96010.02%—
Total3,972,676100%

Principal holders% as the filing states it, Apr 30, 2025

  • Beny Ashburn455 Class A Common Stock47.4%of Class A
  • Teo Hunter455 Class A Common Stock47.4%of Class A
  • Beny Ashburn1,364,545 Class B Common Stock34.4%of Class B
  • Teo Hunter1,364,545 Class B Common Stock34.4%of Class B

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 $1M / $1.1MInvestors 1,427Post-money $17.5M
Raised $475KInvestors 8

Team

2 people
Beny Ashburn
Founder, CEO

As CEO for Crowns & Hops Brewing Co, Beny Ashburn’s focus is specific to the “Business" of beer and entrepreneurship. She started her career in advertising & brand marketing as a successful Executive Producer and Creative Strategist for some of the top ad agencies and brands around the world. Ashburn helps build and drive the creative and marketing framework for Crowns & Hops, ensuring the brand visuals and messaging coexist in a way that is consistent and high quality.

Teo Hunter
Founder, COO & Head of Beer Operations

As COO & Head of Brewing Operations for Crowns & Hops Brewing Co., Teo Hunter is a craft beer connoisseur, recipe designer, brand community manager and activist for racial equity in the craft beer industry. Howard University Alum, Teo’s refined palate and experience in the cellar allows for him to lead beer production, beer distribution, global brand partnerships and operations.

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

Reg CF annual-report compliance

Delinquent

Filed 1 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2024, 2025

1,427 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-ARApr 30, 20250001665160-25-000888
    EDGAR
  • Form C-USep 30, 20220001665160-22-002554
    EDGAR
  • Form C-UJan 26, 20220001665160-22-000166
    EDGAR
  • Form CJul 20, 20210001665160-21-001271
    EDGAR
  • Form DJul 12, 20210001871756-21-000001
    EDGAR
Source: ManualCIK 0001871756DEShare price $5.00

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.