Lode
About this raise
Lode, with a valuation of $3.5 million, is raising funds on Wefunder. The company makes non-alcoholic beer, bourbon, and cocktails infused with hemp. Lode uses its patent-pending formula for THC-fermented beverages and aims to transform how people perceive sessionable bar drinks. The company has won several awards, including the National Science Foundation Innovation Corps Award, and has a loyal customer base for its microdosed cannabis beverages with a clean and healthy buzz. Nick Tehrani founded Lode in November 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for operations, marketing, customer acquisition research, facility expansion, and increasing production.
Investment Overview
Committed $53,600 :
Deal Terms
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$4,440
as of FY2024
-
Cash on Hand
-
$1,450
as of Mar '25
- Gross Margin
-
80%
as of FY2024
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/22/2025 | Wefunder | $3,500,000 | $53,600 | SAFE | Active | RegCF |