How Much Did 8th Day Distillery Raise?
Funding & Key Investors

8th Day Distillery has successfully secured a significant capital injection, bringing its total funding to $26K. This latest financing round, which provided $26K in substantial expansion capital, marks a pivotal moment for the Indianapolis-based producer as it transitions into a more mature phase of its operational lifecycle. By leveraging this influx of resources, the company is well-positioned to scale its production capabilities and deepen its market penetration within the competitive craft spirits sector.

What is 8th Day Distillery?

8th Day Distillery
ManufacturingFood & BeverageHospitality

Founded by Matt and Jaime Lamping, 8th Day Distillery operates as a cornerstone of the downtown Indianapolis craft beverage scene. The company distinguishes itself through a commitment to locally-sourced ingredients and a meticulous hand-crafted approach to distilling bourbon, gin, and rum. Beyond its core manufacturing operations, the distillery functions as a multifaceted hospitality venue, featuring a dedicated Bottle Shop and Cocktail Bar. This integrated business model not only drives direct-to-consumer revenue but also fosters community engagement through collaborative events and pop-up experiences, reinforcing the brand's identity as a lifestyle-oriented artisan producer.

How much funding has 8th Day Distillery raised?

8th Day Distillery has raised a total of $26K across 1 funding round:

2021

Debt

$26K

Debt (2021): $26K with participation from PPP

Key Investors in 8th Day Distillery

PPP

Public-Private Partnership

What's next for 8th Day Distillery?

With the recent infusion of capital, 8th Day Distillery is poised to execute a strategic roadmap focused on operational scaling and brand elevation. The management team is expected to prioritize the optimization of their distilling infrastructure to meet rising demand while potentially expanding their distribution footprint beyond the local Indianapolis market. As the company navigates this growth phase, the focus will likely remain on maintaining the artisanal quality that defines their product line while leveraging their unique cocktail bar experience to build long-term brand loyalty. Future initiatives may include the introduction of limited-batch releases and enhanced digital engagement strategies to capture a broader demographic of premium spirit enthusiasts.

See full 8th Day Distillery company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment
Industrial Machinery & EquipmentManufacturing
ManufacturingTelecommunication Equipment
AppliancesManufacturing

Frequently Asked Questions Regarding 8th Day Distillery Financial Insights

What are the most recent funding rounds that 8th Day Distillery has completed, and what were the funding rounds?
8th Day Distillery has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding 8th Day Distillery has raised to date?
8th Day Distillery has raised a total of $26K in funding to date.
How many funding rounds has 8th Day Distillery completed?
8th Day Distillery has completed 1 funding rounds.
How much funding did 8th Day Distillery raise in its most recent funding round?
8th Day Distillery raised $26K in its most recent funding round.
Who are the lead investors in 8th Day Distillery's latest funding round?
The lead investor in 8th Day Distillery's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 8th Day Distillery's history?
The largest funding round in 8th Day Distillery's history was $26K.
See more information about 8th Day Distillery