Companies · Food & Beverage

River Barrel Brewing, Inc.

ASTORIA · Food & Beverage · refined from filed group “Other

Diligence memoA one-page analyst read on River Barrel Brewing, Inc. — recommendation, valuation, rhythm, risks.
$8.1M
Total raised · real
4
Rounds
0.4×
Latest step-up
Top 11%
Sector rank · raised
Seed
Latest stage · inferred · Fri Mar 01 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

River Barrel Brewing, Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.90× the median modeled value of Seed Food & Beverage companies in 2022–2024 (25 peers) — value vs value, same stage and era.
  • Within the normal band (90% of peer median) for its niche.
Quiet
  • Last raise 2.3 yr ago; this sector typically re-raises about every 15 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Food & Beverage

River Barrel Brewing, Inc. is one of 567 Food & Beverage companies tracked from ASTORIA. By capital raised it ranks among the largest (ahead of 90% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

food-beverage

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
9
Investors (latest)
2024-03-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2013-07-01 Raised $2.2M (real) Modeled valuation $41M (est)$2.2M$41MSeed2013Seed · 2014-05-30 Raised $400K (real) Modeled valuation $7.4M (est)$400K$7.4MSeed2014Seed · 2020-12-08 Raised $4.0M (real) Modeled valuation $63M (est)$4.0M$63MSeed2020Seed · 2024-03-01 Raised $1.5M (real) Modeled valuation $7.1M (est)$1.5M$7.1MSeed2024+$400K+$4.0M+$1.5MCumulative $8.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.2M · 2013
Seed extension$400K · 2014
Seed extension$4.0M · 2020
Seed extension$1.5M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$7.1M
Base estimate est.
$1.3M
Conservative case
$20.7M
Upside case
$7.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $40.9M · 2013-07-012013Seed · modeled $7.4M · 2014-05-30Seed · modeled $63.2M · 2020-12-08Seed · modeled $7.1M · 2024-03-012024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
43 mo
Avg between rounds
$759K/yr
Capital velocity
13.0 yr
On record since
2013
First round
4
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.7× above median
This company$8.1M
Sector median$1.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.0× of median
This company$1.5M
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$7.1M
Sector median$10.6M

Raised more than 90% of sector peers (real $). Modeled value above 60% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #15 of 25.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Lucky Beverage Co. · Seed Raised $4.0M · modeled $21.2M (est)Day One Beverages, Inc. · Seed Raised $2.1M · modeled $17.6M (est)Pike Brewing Co · Seed Raised $1.8M · modeled $16.4M (est)Belle Meade Spirits, LLC · Seed Raised $3.7M · modeled $13.7M (est)Cafeteria Inc. · Seed Raised $3.0M · modeled $12.7M (est)Confluence Spirits, Inc. · Seed Raised $2.0M · modeled $12.2M (est)Stilly Spirits Llc · Seed Raised $1.7M · modeled $11.4M (est)BCG Spirits Holdings, LLC · Seed Raised $1.8M · modeled $10.8M (est)St. Elmo Brewery Llc · Seed Raised $1.1M · modeled $10.6M (est)Holla Spirits, LLC · Seed Raised $4.1M · modeled $10.5M (est)Renais Spirits Ltd · Seed Raised $2.4M · modeled $10.3M (est)Stacked Spirits, Inc. · Seed Raised $1.5M · modeled $8.6M (est)River Barrel Brewing, Inc. (this company) Raised $8.1M · modeled $7.1M (est)River Barrel Brewing, Inc.
CompanyStageRaised · realValue · estvs peer med.
Lucky Beverage Co.Seed$4.0M$21.2M2.69×
Day One Beverages, Inc.Seed$2.1M$17.6M2.23×
Pike Brewing CoSeed$1.8M$16.4M2.08×
Belle Meade Spirits, LLCSeed$3.7M$13.7M1.74×
Cafeteria Inc.Seed$3.0M$12.7M1.62×
Confluence Spirits, Inc.Seed$2.0M$12.2M1.55×
Stilly Spirits LlcSeed$1.7M$11.4M1.45×
BCG Spirits Holdings, LLCSeed$1.8M$10.8M1.37×
St. Elmo Brewery LlcSeed$1.1M$10.6M1.35×
Holla Spirits, LLCSeed$4.1M$10.5M1.33×
Renais Spirits LtdSeed$2.4M$10.3M1.30×
Stacked Spirits, Inc.Seed$1.5M$8.6M1.09×
River Barrel Brewing, Inc. this companySeed$8.1M$7.1M0.90×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.2M2013-07-01$11.0M$40.9M85%
Seed$400K2014-05-30$2.0M$7.4M85%
Seed$4.0M2020-12-08$20.0M$63.2M90%
Seed$1.5M2024-03-01$7.5M$7.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.2M2013-07-01
    • First recorded raise — entered as Seed.
  2. Seed$400K2014-05-30
    • Raised 11 mo later, in step with the ~15 mo sector norm.
    • Round 5.5× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 9 investors on this round.
  3. Seed$4.0M2020-12-08
    • Raised again after 78 mo — slower than the ~15 mo sector norm.
    • Round 10.0× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Seed$1.5M2024-03-01
    • Raised again after 39 mo — slower than the ~15 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
    • 9 investors on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~43mo cadence
$1.5M
Modeled next size est.range $1.5M$2.4M
0.4×
Last step-up
$759K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Alan William Merkle2020-12
ALAN W MERKLE2024-03
ANDREW W BORNSTEIN2024-03
Andrew William Bornstein2020-12
David William Kroening2020-12
David W Kroening2014-05
ERIC W EVENSON2024-03
JACK W BERKA2024-03
Jack William Berka2020-12
Luke Colvin2013-07
LUKE W COLVIN2024-03
Luke William Colvin2020-12
MIKE W HAGGREN2024-03
Mike William Haggren2020-12
Registry & provenance

River Barrel Brewing, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1570923
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Brandywine Branch Distillers LLCFood & BeverageSeed$6.4M$4.4Msame sector · same stage
Ethel's Bakery, LLCFood & BeverageSeed$6.1M$9.7Msame sector · same stage
Shelter Distilling, Inc.Food & BeverageSeed$5.4M$986Ksame sector · same stage
Explorer Cold Brew, Inc.Food & BeverageSeed$5.1M$3.8Msame sector · same stage
Hello Beverages, LLCFood & BeverageSeed$4.9M$2.8Msame sector · same stage
Wet Beverages LLCFood & BeverageSeed$4.5M$6.3Msame sector · same stage
Pura Vida Spirits Company, LLCFood & BeverageSeed$4.3M$5.6Msame sector · same stage
Holla Spirits, LLCFood & BeverageSeed$4.1M$10.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Wild Barrel Brewing Company, LLCFood & BeveragePre-Seed$10.7M91%
River Siren Brewing Co LLCFood & BeveragePre-Seed$11.4M90%
Braided River Brewing Company, LLCFood & BeveragePre-Seed$2.3M89%
Narragansett Brewing CoFood & BeverageSeed$45.3M87%
Cartridge Brewing, LLCFood & BeveragePre-Seed$14.2M87%
Chico Creek Brewing LLCFood & BeveragePre-Seed$8.3M87%
Barrel Crafted Cocktails, Inc.OtherPre-Seed$6.9M87%
Pittsburgh Brewing Ventures, Inc.Food & BeveragePre-Seed$4.6M87%
Frequently asked
How much funding has River Barrel Brewing, Inc. raised?
River Barrel Brewing, Inc. has raised approximately $8.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is River Barrel Brewing, Inc.'s estimated valuation?
Provath's modeled valuation for River Barrel Brewing, Inc. is approximately $7.1M (modeled range $1.3M–$20.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is River Barrel Brewing, Inc. at?
River Barrel Brewing, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Mar 01.
What does River Barrel Brewing, Inc. do and where is it based?
River Barrel Brewing, Inc. operates in the Food & Beverage sector, based in ASTORIA.
Explore related

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