Founders Brewing

Grand Rapids, United States Founded: 1997 • Age: 29 yrs Acquired By Mahou San Miguel
Premium craft beer is brewed and distributed from Grand Rapids.
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About Founders Brewing

Founders Brewing is a company based in Grand Rapids (United States) founded in 1997 by Mike Stevens and Dave Engbers was acquired by Mahou San Miguel in August 2019.. Founders Brewing has completed 1 acquisition, including Avery Brewing. Founders Brewing offers products and services including All Day IPA, Mortal Bloom, and Devil Spiked Hard Ginger Beer. Founders Brewing operates in a competitive market with competitors including BrewDog, Anheuser-Busch Companies, Athletic Brewing, Anheuser-Busch and SweetWater Brewery, among others.

  • Headquarter Grand Rapids, United States
  • Founders Mike Stevens, Dave Engbers
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Canal Street Brewing Co. Llc Dba Founders Brewing Company
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
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Products & Services of Founders Brewing

Founders Brewing offers a comprehensive portfolio of products and services, including All Day IPA, Mortal Bloom, and Devil Spiked Hard Ginger Beer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Hoppy IPA beer for everyday consumption and refreshment.

Tropical hazy IPA with bold flavors for beer enthusiasts.

Spiked ginger beer offering a spicy, refreshing drink.

People of Founders Brewing
Headcount 200-500
Employee Profiles 14
Employee Profiles
People
Michaela Deanne Hundersmarck
Security
People
Tony Barnes
Chief Corporate Counsel
People
Audrey Strieter
Human Resources Director
People
Kent Deewall
South Central Key Account Manager

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Funding Insights of Founders Brewing

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Private Equity Round - Founders Brewing Valuation Mahou San Miguel
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Founders Brewing

Founders Brewing has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mahou San Miguel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Beer is produced and branded by Mahou San Miguel.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Founders Brewing

Founders Brewing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Avery Brewing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Beer is manufactured and marketed by Avery Brewing.
1993
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Founders Brewing

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Founders Brewing Comparisons

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Competitors of Founders Brewing

Founders Brewing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BrewDog, Anheuser-Busch Companies, Athletic Brewing, Anheuser-Busch and SweetWater Brewery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Brand of craft beer and brewery chain operator
domain founded_year HQ Location
Beer production, marketing, and sales are managed globally.
domain founded_year HQ Location
Brand of beer
domain founded_year HQ Location
Beer is brewed and marketed globally by Anheuser-Busch.
domain founded_year HQ Location
Beer is manufactured and marketed by SweetWater Brewery.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Founders Brewing

Frequently Asked Questions about Founders Brewing

When was Founders Brewing founded?

Founders Brewing was founded in 1997 and raised its 1st funding round 17 years after it was founded.

Where is Founders Brewing located?

Founders Brewing is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.

What does Founders Brewing do?

Founders Brewing was established in 1997 by co-founders Mike Stevens and Dave Engbers in Grand Rapids, United States. Beer production is centered on craft varieties, with operations focused on brewing, packaging, and distribution within the beverage industry. Products are supplied to domestic and select international markets, emphasizing consistent quality standards in a competitive sector. The companys domain, foundersbrewing.com, supports online engagement and information sharing.

Who are the top competitors of Founders Brewing?

Founders Brewing's top competitors include BrewDog, Athletic Brewing and Anheuser-Busch Companies.

What products or services does Founders Brewing offer?

Founders Brewing offers All Day IPA, Mortal Bloom, and Devil Spiked Hard Ginger Beer.

How many acquisitions has Founders Brewing made?

Founders Brewing has made 1 acquisition, including Avery Brewing.

Who are Founders Brewing's investors?

Founders Brewing has 1 investor. Key investors include Mahou San Miguel.

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