Ola Brew Co.

Ola Brew Co.

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

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Security Type
Convertible Note
Categories
Food & Bev
Min Investment
$100
Location
Kailua-Kona, HI
Offering Date
November 19, 2018
Expected Close Date
April 27, 2019
Target Raise
$300.00K
Deal Notes

Custom Convertible Note

$10Mvaluation cap

8%interest

15%discount

A Convertible Note is debt that converts to equity. If you invest, you're betting the company will be worth more than $10M in the future.

Company Description

Did you know that a) More than half of the tropical fruit grown in Hawai'i falls to the ground and never makes it to market; b) U.S. demand for craft alcohols has doubled in the last 5 years, and c) Most beer and cider consumed in Hawai'i is imported? Our conclusion: it’s time Hawai'i County had its own brewery designed to turn the state's abundance of produce into revenue for local farmers. And as the experienced beverage entrepreneurs who started Hawaiian Ola, we are the best team to do it. 

Perks

$1,000+ Exclusive Investor Shirt and Hat and -5% discount in Ola Brew taproom 5% discount off our online shop - A free tour and guided tasting at Ola Brew Co. - A free draft Ola Brew on your birthday!
$10,000+ Dinner pairing with one of our incredible Island Chefs and our delightful brews! 5% discount in Ola Brew taproom -5% discount off our online shop - A free tour and guided tasting at Ola Brew Co. - A free draft Ola Brew on your birthday!
$15,000+ Be the first to taste a specialty batch, send us notes, and you will be a part of our process to make a product worthy for the retail store shelves! -5% discount in Ola Brew taproom -5% discount off our online shop - A free tour and guided tasting at Ola Brew Co. - A free draft Ola Brew on your birthday!
$25,000+ A day in the life! Come join us for a day in the life! Get the inside scoop on Ola Brew Co -5% discount in Ola Brew taproom -5% discount off our online shop - A free tour and guided tasting at Ola Brew Co. - A free draft Ola Brew on your birthday!

Key Deal Facts

First to bring production scale, locally sourced, craft cider to Hawaii.d
Raised over $900K for equipment, facilities build-out, and taproom.d
Launched 10K Square Foot shop in downtown Kailua Kona in December 2017.d
Managed by seasoned beverage industry professionals.d
Our founding team signed 3-year work commitments.d
Our Brew Master has won multiple gold medals.d
Partnered with local chefs and farmers for sourcing and pairing.d
Raised $496,140 from 387 investors on Wefunder in May 2017.d

Use of Proceeds

If we raise: $50,000

95% bringing new canned beer and cider to market, 5% Wefunder Intermediary fee

 

If we raise: $300,000

68% will go to completing build out of restaurant, 17% bringing new canned beer and cider to market, and 10% designing a satellite location on Oahu that will increase revenues and brand awareness. 5% Wefunder Intermediary fee

Management Team / Advisory Board Bios

Brett Jacobson - CEO
His mission: to create a fair place for island farmers to sell their goods and thrive. Previous owner of Envy BioFuels. LEED Certified Builder. Founder of the Hawaiian Ola Beverage Company.

Naehalani Breeland - Marketing Director
Raised on the island of Molokaʻi, Naehalani works to foster positive growth in the community. As Co-founder and CEO at Hawaiian Ola, she knows what it takes to run a successful beverage brand.

Chris Whidden - Brand Manager
Over a decade of experience with startups as a founder and CTO. Launched and developed a medical infrared lab analysis platform and an early breast cancer detector. Now the oracle of Hawaiian Ola.

Deal Notes

Custom Convertible Note

$10Mvaluation cap

8%interest

15%discount

A Convertible Note is debt that converts to equity. If you invest, you're betting the company will be worth more than $10M in the future.

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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