Print
Technology

Ohanafy Files $3M Funding Raise With SEC

By Audrey Elsberry, posted Mar 8, 2024
Ohanafy is a beverage supply chain software startup headquartered in Wilmington. (File photo)
Local startup Ohanafy Inc. is in the process of securing $3 million in funding from 17 investors according to financial records filed Friday.

The beverage supply chain technology company founded in 2021 is located at 21 S. Front St. The company offered equity in exchange for the funds and received the first sale on Feb. 22, according to the financial documents filed with the Securities Exchange Commission by co-founder and CEO Ian Padrick.

There will be no additional investment accepted from outside the funding round, but there is about $100,000 that the company has yet to receive that will be included in the round, according to the filing.

Ohanafy raised $2.8 million over the summer through a seed funding round led by Cape Fear Ventures. The startup has since widened its business model from local brewery maintenance and back-end tech to national beverage-industry supply chain tech. The software is built on Salesforce, a customer relationship management software.

The company announced a new mapping application for distribution logistics in early March. The software can track delivery activities, weather, traffic and expiration dates, according to Ohanafy’s website.

Since the beginning of the year, Ohanafy announced a sponsorship deal with NASCAR driver Justin Haley. In an Ohanafy-clad Ford Darkhorse Mustang, Haley raced on March 3 in Las Vagas and will race again on March 17 in Bristol, Tennessee, according to an Ohanafy LinkedIn post.

Ohanafy officials did not respond to requests for comment as of publication time. 
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign12 11724100328

The Value of The Endowment

Daniel B Winslow - New Hanover Community Endowment
Jenniferadams

2024 Was a Historic Year for Your Water Utility

Jennifer Adams - Cape Fear Public Utility Authority
Untitleddesign12

Supporting Early Career Mental Health: A Guide for Employers

Trending News

Lower Cape Fear LifeCare Hires Communications Manager

Staff Reports - Dec 10, 2024

Local Execs Talk AI, Industry Shifts At Economic Summit

Emma Dill - Dec 10, 2024

Museum Announces Board Chair, Four New Members

Staff Reports - Dec 10, 2024

Mangum Joins Haven Acupuncture & Chinese Medicine

Staff Reports - Dec 10, 2024

Capone & Associates Announces Addition Of Kiser

Staff Reports - Dec 10, 2024

In The Current Issue

Couple Gets Moving With Beach Carts

The idea for the Beach Mule, an electric beach cart, came to company owner and founder Will Parker while on the Bald Head Island ferry....


Branching Out

Live Oak Bank’s latest spinoff emerged last month with the announcement of its $4.8 million seed round....


Raising A Different Kind Of Glass

While at events, Carter Jewell realized something was missing: an alcohol-free option that wasn’t just water or soft drinks. Something that...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season