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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. 
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