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Shelter Distilling

Operating

Shelter Distilling, Inc.

Food & Beverage · Mammoth Lakes, CA

Shelter Distilling has expanded from its roots in Mammoth Lakes, California, to a multi-location craft distillery with a flagship production facility in Montrose, Colorado. We craft one-of-a-kind spirits, including whiskey, bourbon, gin, agave, canned cocktails, and craft beer. The company has raised $5M in funding and developed strategic distribution partnerships to fuel its growth in the growing craft spirits market.

Post-money valuation ⓘ
$25.4M
As of Jul 2025 · from Reg CF Offering (2025) · pre-money + amount raised, not a traded price
Total raised
$6,194,603
Crowd $273K · Private $5.9M · 8 rounds since 2016
Latest share price
$10.59
Reg CF · Common Stock · Apr 2025 offering price

Financials

FY2023–FY2025 · from SEC filings · hover any figure for its source
$4.6M
−$692K
2023
$4.1M
−$1.1M
2024
$6.8M
−$1.1M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2023 reviewed
FY2024 reviewed
FY2025 unaudited
Income statement
Revenue
$4,609,654
$4,066,375
$6,755,799
Cost of goods sold
$1,347,403
$1,980,456
$2,102,035
Gross margin
71%
51%
69%
Net income
-$692,260
-$1,140,485
-$1,149,510
Taxes paid
$0
$0
$0
Balance sheet
Cash
$1,928,539
$297,566
$278,078
Accounts receivable
$30,313
$0
$52,771
Total assets
$11,237,549
$9,678,338
$9,754,141
Short-term debt
$1,765,208
$200,000
$625,000
Long-term debt
$2,370,115
$0
$5,808,359
Total liabilities
$4,135,323
$200,000
$6,433,359
Other
Headcount
—
3
86

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
$25.0M
pre-money
Reg CF · Common · Apr 2025

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

Share price over rounds

$10.59$5.295$4.1079
Apr 2024Apr 2025
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, and each class is drawn as its own line.

Cap table

Share counts as of Apr 3, 2026
ClassOutstandingVotes / shareShare of totalLast price
Common Stock628,258—100.0%—

Principal holders% as the filing states it, Apr 3, 2026

  • Chad Neel67,500 Series A Preferred7.79%of Series A Preferred
  • Chad Neel110,057 Series A-2 Preferred7.79%of Series A-2 Preferred
  • Chad Neel19,475 Series A-3 Preferred7.79%of Series A-3 Preferred
  • Jason Senior194,345 Common Stock7.63%of
  • Jason Senior3,363 Series A-2 Preferred7.63%of Series A-2 Preferred
  • Karl Anderson193,965 Common Stock7.47%of
  • Matthew Hammer188,710 Common Stock7.26%of

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 $390KInvestors 8
Raised $272.5K / $1.2MInvestors 136Post-money $25.4M
Raised $1.5MInvestors 15
Raised $2.2MInvestors 16

Team

9 people
Jason SeniorFounder
Co-Founder & Master Distiller

Jason Senior, Co-Founder and Master Distiller at Shelter Distilling, crafts exceptional spirits, beer, and RTD cocktails with precision and artisanal craftsmanship. He drives production efficiency, supports expansion, and champions innovation, sustainability, and local ingredients, ensuring Shelter’s products meet ultra-premium standards.

Karl AndersonFounder
Co-Founder and Director of Finance & Administration

Karl Anderson, Co-Founder and Director of Finance & Administration at Shelter Distilling, oversees financial operations, compliance, and strategic planning. His hands-on approach extends to branding, product design, and sustainability. A lifelong adventurer, Karl ensures Shelter’s products reflect quality, community, and the spirit of adventure.

Matt HammerFounder
Co-Founder and Director of Marketing & Branding

Matt Hammer, Co-Founder and Director of Marketing at Shelter Distilling, blends creativity with entrepreneurial drive. A former pro snowboarder and founder of Black Velvet Coffee, Matt now drives Shelter’s brand growth through strategic marketing, product design, and community engagement, ensuring its innovative products embody the spirit of adventure.

Patricia Swenson
CEO, Executive Chairman of the Board & President.

Patricia Swenson, CEO, Executive Chairman of Shelter Distilling, drives growth with over 20 years of experience in financial services and leadership. Overseeing strategy, financial planning, and business development, she ensures Shelter’s success while maintaining its adventurous, authentic spirit and commitment to quality and craftsmanship.

Gavin Filarsky
Director of Sales & Retail Operations

Gavin Filarsky, Director of Sales and Retail Operations at Shelter Distilling, oversees retail locations in CA and CO and drives wholesale sales and expansion. Starting in 2017 as a bartender, he now leads initiatives like opening new locations, optimizing operations, and driving revenue growth. An American University graduate, his background as a river guide shaped his leadership and customer-focused approach.

Chad Neel
Director

Mr. Neel has over twenty-five years of experience in the mortgage industry. He has a successful background running multiple business lines, from technology startup companies to large national service providers, including Appraisal Management Companies (AMC), Asset Management, Auction, Escrow/Closing Management, Field Services, Legal Services, and National Title Operations. He has been involved in multiple startup businesses and serves on various companies’ executive and/or advisory boards. Mr. Neel was the company's CEO who introduced and patented the first online trading exchange for pricing and locking loans. He then worked for over ten years, running multiple business lines for Fidelity National Financial Financial/Lender Processing Services. He has a history of turning around troubled businesses and experience managing volumes that exceeded a million service transactions per month. He is the Chief Executive of a multistate law firm recognized as a leading service provider.

Peter Derbonne
Director

Peter Derbonne spent his 28 year career in Title Insurance. In 2015 he sold the Title Company he cofounded to Fortress Investment Group. Today he is involved in multiple start-ups, and spends a great deal of his time working with the management helping grow revenue and create operational efficiencies.

Ryan Radcliff
Director

Ryan brings over 23 years of retail experience and currently owns and operates Side Door Wine Bar and Cafe in Mammoth Lakes, CA. Previously, he provided consulting expertise in Enterprise Marketing and Price & Promotion Management software, supporting major retailers like Best Buy, The Home Depot, and JCPenney. Ryan led system implementations, delivered product training, and ensured client satisfaction across a wide range of enterprise projects.

Matthew Hammer
Director

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 requiredFewer than 300 holders of record

Filed 1 of 1 annual reports (FY2025)

136 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 3, 20260001684283-26-000002
    EDGAR
  • Form DNov 19, 20250001684283-25-000002
    EDGAR
  • Form C-UJul 21, 20250001665160-25-001299
    EDGAR
  • Form CApr 17, 20250001665160-25-000693
    EDGAR
  • Form D/AOct 14, 20210001684283-21-000003
    EDGAR
  • Form DSep 17, 20210001684283-21-000002
    EDGAR
  • Form DMay 17, 20210001684283-21-000001
    EDGAR
  • Form DJun 15, 20170001684283-17-000001
    EDGAR
Source: SEC EDGARCIK 0001684283CAShare price $10.59Last synced Aug 17, 2026

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.