Ola Brew
[Closed for Investment] 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.
Investment Overview
Raised: $124,756
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Location
- Kailua Kona, Hawaii
- Company Website
-
Visit Website
Team
- Employees
- 10
Financials
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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.