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Shacksbury

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Shacksbury Holdings Inc.

Alcohol · Brewery · Vergennes, VT · Founded 2013

Shacksbury is a cidery based in the Champlain Valley of Vermont - a place defined by community and an outdoor, active lifestyle. We produce and sell a portfolio of low sugar, low calorie beverages that are always pushing forward and never straying from the natural beauty our home state is known for. Beginning in 2013, we began to make dry, unique ciders—the backbone of the company—while now expanding our offerings to other ready-to-drink beverages to meet the evolving market around us.

Post-money valuation ⓘ
$8.2M
As of Apr 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$3,295,404
Crowd $1.8M · Private $1.5M · 6 rounds since 2016
Latest share price
$2.15
Reg CF · Common Stock · Jan 2024 offering price · down round

Financials

FY2018–FY2025 · from SEC filings · hover any figure for its source
$1.9M
−$365K
2018
$2.8M
−$199K
2019
$2.2M
−$400K
2020
$2.9M
−$1.3M
2021
$3.1M
−$528K
2022
$3.2M
−$393K
2023
$3.3M
−$13K
2024
$3.6M
$138K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020
FY2021
FY2022
FY2023
FY2024 unaudited
FY2025 unaudited
Income statement
Revenue
$1,851,257
$2,833,240
$2,215,389
$2,854,654
$3,100,585
$3,176,466
$3,312,884
$3,613,820
Cost of goods sold
$1,488,243
$2,268,737
$2,000,400
$2,340,998
$2,528,269
$2,404,161
$2,282,808
$2,740,440
Gross margin
20%
20%
10%
18%
18%
24%
31%
24%
Net income
-$365,191
-$199,241
-$400,410
-$1,341,802
-$528,136
-$393,157
-$12,581
$138,473
Taxes paid
$0
$2,336
$0
-$112
$0
$1,719
$2,000
$3,153
Balance sheet
Cash
$48,587
$57,597
$317,657
$297,657
$135,000
$67,665
$99,048
$105,279
Accounts receivable
$293,620
$244,108
$260,099
$226,717
$172,340
$182,392
$0
$325,990
Total assets
$1,330,851
$1,273,312
$1,579,493
$2,481,954
$2,347,695
$1,590,187
$1,805,940
$2,188,218
Short-term debt
$532,412
$781,054
$360,072
$0
$863,184
$939,210
$787,167
$1,175,013
Long-term debt
$532,864
$649,732
$1,722,522
$2,839,118
$2,185,520
$1,930,814
$0
$1,953,364
Total liabilities
$1,065,276
$1,430,786
$2,082,594
$2,839,118
$3,048,704
$2,870,024
$787,167
$3,128,377
Other
Headcount
—
12
12
18
22
24
24
24

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
$6.3M
est. pre-money
$12.0M
pre-money
$15.0M
pre-money
$8.0M
pre-money
Section 4(a)(2) · Common · Jun 2019
Reg CF · Common · Sep 2020
Reg CF · Common · May 2021
Reg CF · Common · Jan 2024

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$3.66$1.83$1.00
May 2016Apr 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jan 2024 (-41.3%)

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 Apr 24, 2026
ClassOutstandingVotes / shareShare of totalLast price
Common Stock3,249,9801100.0%$2.15Jan 2024

Shares outstanding over timein today's share terms

3.6M1.8M0
Dec 2018Apr 2026
Common StockRound opened

Principal holders% as the filing states it, Apr 24, 2026

  • Colin Davis584,837 Common Stock16.2%of company
  • David Dolginow584,837 Common Stock16.2%of company
  • Everyone else (not named in filings)67.7%

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 $165.3K / $600KInvestors 81Post-money $8.2M
Raised $603.1K / $2.3MInvestors 296Post-money $15.6M
Raised $1M / $1.1MInvestors 498Post-money $13.1M
Raised $559.7KEst. pre-money $6.3M

Team

4 people
Colin DavisFounder
Co-founder, President, Board Member

Colin is a born tinkerer whose interest has ranged from cars, to architecture, to recycling, before finally landing on cider making. He also co-manages a herd of highland cattle with his dad.

David DolginowFounder
Co-Founder, Vice President, Board Member

David grew up in Kansas City in a family of retailers and entrepreneurs and the apple doesn't fall far... After spending three years at Sunrise Orchards in Vermont, David started Shacksbury with Colin in spring 2013, after an exciting but nerve-racking conversation at dollar Miller draft night at Big Moose Pub to outline their partnership.

Elizabeth TiltonFounder
Founder, Board Member

Born and raised in New Orleans, Elizabeth found herself around a friend's kitchen table in New York City drinking Shacksbury and it was love at first sip. You can currently find her between New York City and New Orleans where she runs her company, Oyster Sunday. Although culinary is her passion, she regrets not going to space camp but believes there is still time.

Gregory Gatti
Board Member

Gregory is a global, strategic leader with a demonstrated track record of developing and implementing successful spirits industry strategies. He has 10+ years of experience building, scaling, and leading cross-functional teams across high-growth organizations. He is currently COO at Coconut Cartel Rum.

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

Not required3+ reports filed & assets ≤ $10M

Filed 6 of 6 annual reports (FY2020–FY2025)

498 investors
holder-count proxy

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

  • Form C-ARApr 24, 20260001824937-26-000002
    EDGAR
  • Form C-ARMay 1, 20250001665160-25-000951
    EDGAR
  • Form C-ARMay 1, 20240001665160-24-000744
    EDGAR
  • Form C-UApr 19, 20240001665160-24-000398
    EDGAR
  • Form CJan 9, 20240001665160-24-000011
    EDGAR
  • Form C-ARMay 1, 20230001665160-23-001067
    EDGAR
  • Form C-ARApr 15, 20220001665160-22-000656
    EDGAR
  • Form C-UJan 6, 20220001665160-22-000053
    EDGAR
Source: ManualCIK 0001824937VTShare price $2.15

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.