Diligence memo · auto-generated · as of July 2, 2026
Fair State Brewing Cooperative
Fair State Brewing Cooperative looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Fair State Brewing Cooperative operates in Manufacturing, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fair State Brewing Cooperative has raised $213K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $213K on 2013-08-29.
Most recent recorded round closed around 2013-08-29.
Valuation (modeled)modeled
Provath models Fair State Brewing Cooperative at approximately $3.2M (range $145K–$37M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.70× the median modeled value of Pre-Seed Manufacturing companies in 2013–2015 (248 peers) — value vs value, same stage and era. Within the normal band (70% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 12.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 10% of Manufacturing peers (3257 compared).
Modeled value ranks above 23% of those peers.
Closest niche peers: IRradiance Glass, Inc., On Track Enterprises, Inc., Perham Egg Ohio LLC, OxCart Products LLC, N P Design, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.