Oak and Grist Distilling

Oak and Grist Distilling

Early Stage

100% Grain-to-Glass Distillery

100% Grain-to-Glass Distillery

Overview

Raised to Date: Raised: $140,094

Total Commitments ($USD)

Platform

Localstake

Start Date

03/15/2021

Close Date

09/30/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$199

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.54

Pre-Money Valuation

$2,200,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/02/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$708

# of Investors

76

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Blackstone, North Carolina

Business Type

Life Style

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/15/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Oak and Grist Distilling on Localstake
Platform: Localstake
Security Type: Equity - Common
Valuation: $2,200,000
Price per Share: $1.54

Follow company

Follow Oak and Grist Distilling on Localstake

Buy Oak and Grist Distilling's Deal Report

Warning: according to the close date for this deal, Oak and Grist Distilling may no longer be accepting investments.

Oak and Grist Distilling Deal Report

Get KingsCrowd’s comprehensive report on Oak and Grist Distilling including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Oak and Grist Distilling is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Oak and Grist Distilling deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge