unclenearest.comConsumer & Lifestyle / Other Consumer & LifestyleFounded: 2016Funding to Date: $119.82MM
Uncle Nearest Premium Whiskey, honoring Nearest Green, the first-known African American master distiller, is the first spirits brand named after a Black American. It has become the Most Awarded Bourbon and American Whiskey from 2019 to 2023, amassing over 1,100 accolades, including 715 Gold medals, since its 2017 inception. Notable awards include Spirit Brand of the Year and “World’s Best” from prestigious competitions. Widely available in all 50 states and 12 countries, Uncle Nearest is celebrated in over 25,000 venues and at its renowned Nearest Green Distillery in Shelbyville, Tenn., known as “Malt Disney World.”
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/14/2024 | Series E | $43.72MM | $xx.xx | $904.13MM | Hybridge Capital Management, Strand Equity | |
Price per Share
$xx.xx
Shares Outstanding
1,500,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hybridge Capital Management, Strand Equity
|
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10/27/2023 | Series D | $32.79MM | $xx.xx | $516.13MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,984,016
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
12/28/2020 | Series C | $15.58MM | $xx.xx | $313.87MM | Still Capital Partners, CB3 Holdings | |
Price per Share
$xx.xx
Shares Outstanding
1,692,076
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Still Capital Partners, CB3 Holdings
|
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03/15/2019 | Series B | $17.75MM | $xx.xx | $167.55MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,215,305
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
08/25/2017 | Series A | $6.78MM | $xx.xx | $46.35MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,520,799
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
11/18/2016 | Series Seed | $3.2MM | $xx.xx | $21.36MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,203,439
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|