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FirstRoot

Operating

FirstRoot, Inc.

Alcohol · Founded 2020

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TWO BEAGLES DISTILLING CO. is seeking investment to open the first Craft Cidery/Winery and Tasting Room in Fredericksburg,Virginia.

Post-money valuation ⓘ
$4.8M
As of Oct 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$624,484
Across 1 round since 2021
Latest share price
$0.42
Reg CF · Common Stock · May 2021 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$0
2019
$79K
−$143K
2020
$58K
−$818K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021
Income statement
Revenue
$0
$78,584
$58,482
Cost of goods sold
$0
$0
$0
Gross margin
—
100%
100%
Net income
$0
-$143,017
-$818,082
Taxes paid
$0
$0
$1,639
Balance sheet
Cash
$0
$149,530
$196,905
Accounts receivable
$0
$10,480
$895
Total assets
$0
$418,765
$466,275
Short-term debt
$0
$830,389
$560,782
Long-term debt
$0
$0
$0
Total liabilities
$0
$830,389
$560,782
Other
Headcount
—
1
1

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
$4.2M
pre-money
Reg CF · Common · May 2021

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

Fundraising history

Reg CF · Common Stock · May 2021Closedvia Netcapital
Raised $624.5K / $1.1MPost-money $4.8M

Team

1 person
Luke Hohmann
Principal Executive Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Possibly delinquent

Filed 1 of 5 annual reports (FY2021–FY2025)

Missing: 2022, 2023, 2024, 2025

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 25, 20220001669191-22-000425
    EDGAR
  • Form C-UDec 3, 20210001669191-21-001192
    EDGAR
  • Form C/ASep 29, 20210001669191-21-000977
    EDGAR
  • Form C/AJul 19, 20210001669191-21-000704
    EDGAR
  • Form C/AJun 16, 20210001669191-21-000622
    EDGAR
  • Form CMay 19, 20210001669191-21-000543
    EDGAR
Source: ManualCIK 0001859173Share price $0.42

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.