Ola Brew

Ola Brew

Early Stage

Producing world-class beers and ciders using local ingredients in Hawai'i County.

Producing world-class beers and ciders using local ingredients in Hawai'i County.

Overview

Raised to Date: Raised: $124,756

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/18/2018

Close Date

04/30/2019

Min. Goal
$50,000
Max. Goal
$300,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2019

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

$770

# of Investors

144

Momentum
Funded
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Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Location

Kailua Kona, Hawaii

Ola Brew Co. is here, and they want to share their locally sourced and brewed craft beers and ciders with the Hawaii County community. Created by the same people that brought you Hawaiian Ola, the energy drink brand, they plan on using their proven track record with beverages to help grow Ola Brew into Hawaii’s brewery. They already have relationships with 422 partners, such as Whole Foods, Safeway, and 7-Eleven, to leverage. Ola Brew plans on being the first to bring production scale, locally sourced, craft cider to Hawaii, and so far, they’ve raised over $2.5M for the necessary equipment and facilities. Their brewmaster has won multiple gold medals, and they’ve already partnered with local chefs and farmers for sourcing and pairing in their taproom.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ola Brew 10/15/2023 StartEngine $36,674,876 $3,310,734 Equity - Common Funded RegCF
Ola Brew 11/22/2020 StartEngine $19,500,000 $1,068,325 Equity - Common Funded RegCF
Ola Brew 04/29/2019 Wefunder $10,000,000 $124,756 Convertible Note Funded RegCF
Ola Brew 04/29/2018 Wefunder $7,000,000 $726,380 Convertible Note Funded RegCF
Ola Brew 04/30/2017 Wefunder $7,000,000 $496,140 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Ola Brew on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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