Olympia Vodka
About this raise
Olympia Vodka, with a valuation of $5 million, is raising funds on StartEngine. The business uses pure artesian well water from Tumwater, Washington, to create its award-winning craft spirits. Olympia Vodka’s premium vodka line reflects the rich heritage and craftsmanship of the Pacific Northwest and is available in more than 300 retail locations, including Total Wine, Albertsons, and Safeway. The business has won several awards for its vodka and is preparing to launch a line of ready-to-drink vodka cocktails. Lesa Givens and Ray Watson founded Olympia Vodka in November 2008. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, working capital, and marketing.
Investment Overview
Committed : $183,485
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/24/2025
- Close Date
- 06/19/2025
$124,000
$1,235,000
$300
Equity - Common
Early Stage
RegCF
$2.50
$5,000,000
Company & Team
Company
- Year Founded
- 2008
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +37% YoY
-
$344,530
as of FY2023
- Monthly Burn
-
$1,792
as of FY2023
-
Runway
-
24+ months
as of Jan '25
- Gross Margin
-
222%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/19/2025 | StartEngine | $5,000,000 | $183,485 | Equity - Common | Active | RegCF |