Oak and Grist Distilling
About this raise
Oak and Grist Distilling, with a valuation of $2.2 million, is raising funds on Localstake. The company makes high-quality, small-batch, grain-to-glass spirits. It makes one of the only few single malt whiskies to the standard of Scottish single malt and top-quality Jenever gins. William Goldberg, Russell Dodson, and Robert Goldberg founded Oak and Grist Distilling in 2015. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $250,000, will be used for building inventory, equipment purchase, and hiring. Oak and Grist Distilling is currently distributed in North Carolina and New York and is the only grain-to-glass distillery in North Carolina.
Investment Overview
Invested : $140,094
Deal Terms
Total Commitments ($USD)
- Platform
- Localstake
- Start Date
- 03/16/2021
- Close Date
- 09/30/2021
$50,000
$250,000
$199
Equity - Common
Pre-Seed
RegCF
$1.54
$2,200,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/30/2021 | Localstake | $2,200,000 | $140,094 | Equity - Common | Funded | RegCF |