Lode

Lode

Open  for investment

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.

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Investment Overview

Committed this round: $53,600

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/22/2025
Close Date
08/22/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,500,000

Valuation Cap

$3,500,000

Discount

0%

Company & Team

Company

Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Louisville, Kentucky
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Nick Tehrani
Title
Chief Executive Officer

Financials

 Revenue
$4,440
as of FY2024
 Cash on Hand
$1,450
as of Mar '25
 Gross Margin
80%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$4,440

$0

COGS

$900

$0

Tax

$300

$0

 

 

Net Income

$-2,350

$0

Summary Balance Sheet

FY 2024 FY 2023

Cash

$1,296

$0

Accounts Receivable

$1,065

$0

Total Assets

$26,238

$0

Short-Term Debt

$0

$0

Long-Term Debt

$23,203

$0

Total Liabilities

$23,203

$0

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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
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Add to portfolio
Lode on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $3,500,000

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Follow Lode on Wefunder 2025

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