What is Lonerider Brewing?
Lonerider Brewery, based in Raleigh, North Carolina, is a distinguished craft brewery founded in 2009. It has earned a strong reputation, accumulating over 50 accolades for its diverse portfolio of beers, including popular IPAs, hefeweizens, brown ales, and stouts. The brewery operates multiple locations, including sites in Raleigh, Wake Forest, and the Raleigh-Durham International Airport, catering to both local patrons and travelers. Lonerider Brewing is recognized for fostering a welcoming environment, hosting various events and offering food truck services, positioning itself as a key destination for craft beer aficionados in the region.
How much funding has Lonerider Brewing raised?
Lonerider Brewing has raised a total of $393K across 2 funding rounds:
Debt
$150K
Debt
$243K
Debt (2020): $150K with participation from PPP
Debt (2021): $243K led by PPP
Key Investors in Lonerider Brewing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Lonerider Brewing?
With the recent strategic investment, Lonerider Brewing is poised for further growth and operational enhancement. The substantial capital infusion, indicated by the $393K in total funding, suggests a focus on scaling production, expanding distribution channels, or potentially developing new product lines. This late-stage funding context points towards a mature company leveraging financial backing to solidify its market position and explore new avenues for revenue generation, likely aiming to capitalize on its established brand loyalty and award-winning craft beer offerings.
See full Lonerider Brewing company page