Founders Brewing - About the company
Founders Brewing is an acquired company based in Grand Rapids (United States), founded in 1997 by Dave Engbers and Mike Stevens. It operates as a Premium beer brand and company. Founders Brewing has raised an undisclosed amount in funding from Mahou San Miguel. The company has 1318 active competitors, including 142 funded and 119 that have exited. Its top competitors include companies like BrewDog, AB InBev and Athletic Brewing.
Company Details
- Website
- foundersbrewing.com
- Email ID
- *****@foundersbrewing.com
- Phone Number
- +1 **********
- Registered Address
- Grand Rapids, Michigan
Key Metrics
Founded Year
1997
Location
Grand Rapids, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
9th among 1318 active competitors
Employee Count
191 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Mahou San Miguel (Aug 29, 2019)
Legal entities associated with Founders Brewing
Founders Brewing is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CANAL STREET BREWING CO. LLC DBA FOUNDERS BREWING COMPANY CIN: 383314250 , United States, Active | Dec 31, 1999 | - | 472 (As on Dec 31, 2024) | - |
Founders Brewing's acquisition details
Founders Brewing got acquired by Mahou San Miguel on Aug 29, 2019.
Click here to take a look at Founders Brewing's acquisition in detail
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Founders Brewing's funding and investors
Founders Brewing has raised funding over 1 round. Its latest funding round was a PE round on 2014 for $*****. 1 investor participated in its latest round. Founders Brewing has 1 institutional investor.
Here is the list of recent funding rounds of Founders Brewing:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2014 | 1581 | PE | 1123 | 1292 | 6512 | 5789 |
View details of Founders Brewing's funding rounds and investors
Founders Brewing's founders and board of directors
Founder? Claim ProfileThe founders of Founders Brewing are Dave Engbers and Mike Stevens.
Here are the details of Founders Brewing's key team members:
- Dave Engbers: Co-Founder of Founders Brewing. Contact Info: 1 email address
- Mike Stevens: Co-Founder of Founders Brewing. Contact Info: 1 email address
View details of Founders Brewing's Founder profiles and Board Members
Founders Brewing's employee count trend
Founders Brewing has 191 employees as of Jul 26. Here is Founders Brewing's employee count trend over the years:
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Founders Brewing's Competitors and alternates
Top competitors of Founders Brewing include BrewDog, AB InBev and Athletic Brewing. Here is the list of Top 10 competitors of Founders Brewing, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BrewDog 2007, Livingston (United Kingdom), Acquired | Operator of craft beer and hospitality company intended for consumer enjoyment and experiential dining | $441M | 83/100 | |
2nd | Internet first brand of beer and alcoholic beverages | - | 71/100 | ||
3rd | Athletic Brewing 2017, Milford (United States), Series D | Crafting innovative non-alcoholic beer and sparkling hop water for everyone | $251M | 71/100 | |
4th | Stone Brewing 1996, Escondido (United States), Acquired | Brand of beer | $89.5M | 58/100 | |
5th | Anheuser-Busch 1852, St. Louis (United States), Acquired | Brand of beer | - | 57/100 | |
6th | Reeds 1987, Norwalk (United States), Public | Craft soda beverages with real ginger and natural ingredients | - | 54/100 | |
7th | Lagunitas Brewing Company 1993, San Francisco (United States), Acquired | Craft brewery offering diverse beers, taproom experiences, and branded merchandise | - | - | 52/100 |
8th | Samuel Adams 1984, Boston (United States), Public | Brand of beer | - | - | 51/100 |
9th | Founders Brewing 1997, Grand Rapids (United States), Acquired | Premium beer brand and company | - | 51/100 | |
10th | SweetWater Brewery 1997, Atlanta (United States), Acquired | Manufactures and markets beer | - | 51/100 |
Looking for more details on Founders Brewing's competitors? Click here to see the top ones
Founders Brewing's Investments and acquisitions
Founders Brewing has acquired Avery Brewing. Founders Brewing has not made any investments as of now.Reports related to Founders Brewing
Here is the latest report on Founders Brewing's sector:
News related to Founders Brewing
Media has covered Founders Brewing for 1 event in last 1 year.
•
Slate Milk secures Series B funding to fuel growthJust Drinks•Sep 19, 2025•Slatemilk, Founders Brewing
•
Founder Group Secures $1.5 Million in Additional Solar Installation Contracts in MalaysiaGlobeNewswire•Jun 11, 2025•Founders Brewing
•
Mahou San Miguel Acquires Remaining Stake In Founders Brewing Co.Just Drinks•Mar 11, 2025•Mahou San Miguel, Founders Brewing
•
Opal Announces $1.5m Pre-seed Investment To Build All-in-one Software For Ad-agenciesintelligence360•Feb 26, 2025•Opal Labs, Founders Brewing, Exit North, Easy Agency
•
Gu Ming's stock price fell on its first day of listing. Wang Yun'an, the "king of small town milk tea", is worth 8 billion yuanSecurities Star•Feb 12, 2025•Gu Ming, Tencent, Peet's Coffee & Tea, Meituan and 2 others
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•
Founders Brewing Co. aims to overcome beer saturation using consumer dataFood Dive•Oct 13, 2023•Founders Brewing
•
Founders Brewing hit with another lawsuit alleging racial discriminationCrain's Grand Rapids Business•May 03, 2023•Founders Brewing
•
Founders Brewing Company closes Detroit taproomCrain's Grand Rapids Business•May 02, 2023•Founders Brewing
•
Founders Brewing Co. merges into Spain-based parent companyGrand Rapids Business Journal•Jan 13, 2023•Founders Brewing, Mahou Bar
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