Ola Brew (2017)
About this raise
Ola Brew, with a valuation of $7 million, is raising funds on Wefunder. The company makes world-class Hawaiian beverages, including beers, hard ciders, and hard seltzers. Ola Brew focuses on ethical sourcing of raw materials from Hawaii farmers and increases their demand by providing a market for their crops. Ola Brew generates revenue through direct draft sales, taproom sales, and distributor sales and plans to launch its beverage facility and taproom soon. Brett Jacobson and Naehalani Breeland founded Ola Brew in December 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1 million. The campaign proceeds will be used for the purchase of barrel fermenters and barrel brite tanks.
Investment Overview
Invested : $496,140
Deal Terms
- Platform
- Wefunder
- Start Date
- 06/22/2016
- Close Date
- 05/01/2017
$100,000
$1,000,000
$100
SAFE
RegCF
$7,000,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Location
- Kailua Kona, Hawaii
- Company Website
-
Visit Website
Team
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/16/2023 | StartEngine | $36,674,876 | $3,310,734 | Equity - Common | Funded | RegCF |
| 11/23/2020 | StartEngine | $19,500,000 | $1,068,325 | Equity - Common | Funded | RegCF |
| 04/30/2019 | Wefunder | $10,000,000 | $124,756 | Convertible Note | Funded | RegCF |
| 04/30/2018 | Wefunder | $7,000,000 | $726,380 | Convertible Note | Funded | RegCF |
| 05/01/2017 | Wefunder | $7,000,000 | $496,140 | SAFE | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.