About this raise
Palmia, with a valuation of $5 million, is raising funds on Wefunder. It is the world’s first 90-calorie lemon-infused lager. Palmia is Spanish-inspired but brewed in the US and is currently sold in more than 150 California stores and 30 bars and restaurants. The company also recently opened distributor accounts in Oregon and has partnerships with Whole Foods, Target, Total Wine & More, Cost Plus Sprouts, BevMo!, LYFT, the San Jose Sharks, and the SAP Center. Robert Nathanson founded Palmia in June 2012. 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 production, marketing, distribution, product development, hiring, and working capital.
Investment Overview
Invested : $204,565
Deal Terms
- Platform
- Wefunder
- Start Date
- 04/11/2017
- Close Date
- 07/20/2017
$100,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$4,000,000
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2012
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Location
- San Francisco, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$2,758
as of FY2016
-
Runway
-
0.1 months
as of FY2016
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