Tech Company Financing Transactions
Three Chord Bourbon Funding Round
On 2/17/2023, Three Chord Bourbon received $8 million in Series A financing from private investors.
Transaction Overview
Company Name
Announced On
2/17/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand brand distribution from 38 states to the entire continental US, plus strategic international markets, to further build its presence in existing markets.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
10225 Main St 4
Clarence, NY 14031
USA
Clarence, NY 14031
USA
Phone
Website
Email Address
Overview
The Three Chord team of expert blenders, coopers and sensory professionals have developed a multi-step process we call "Perfectly Tuned Taste." Our process begins by carefully selecting the finest bourbon and rye whiskeys from stocks in Kentucky, Tennessee, and Indiana. Once the blend of spirits is assembled, we apply our proprietary process of pyrolysis -- heating American oak to precise temperatures to release specific flavor and aroma compounds -- and our proprietary blending process (not to be confused with playing music to the barrels) to integrate these compounds into the blended spirit. Finally, each small batch blend of Three Chord is evaluated by a trained sensory panel to ensure an uncommon depth of flavor, aroma, and character in each bottle.
Management Team
Browse more venture capital transactions:
Prev: 2/17/2023: GrainChain venture capital transaction
Next: 2/17/2023: R-Zero venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to document every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs