Heritage Distilling

Gig Harbor, United States Founded: 2012 • Age: 14 yrs
Multi-category spirits are produced and sold by Heritage Distilling.
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About Heritage Distilling

Heritage Distilling is a company based in Gig Harbor (United States) founded in 2012.. Heritage Distilling has raised $1.23 million across 4 funding rounds. Heritage Distilling has completed 1 acquisition, including Thinking Tree Spirits. Heritage Distilling operates in a competitive market with competitors including Diageo, Beam Suntory, Constellation Brands, Q Mixers and Brown-Forman, among others.

  • Headquarter Gig Harbor, United States
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Heritage Distilling Holding Company, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.23 M (USD)

    in 4 rounds

  • Latest Funding Round
    $500 K (USD), Post-IPO

    Jan 23, 2025

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of Heritage Distilling

Heritage Distilling is a publicly listed company on the NASDAQ with ticker symbol CASK in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: CASK . Sector: Consumer non-durables · USA
People of Heritage Distilling
Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Michael Carrosino
Chief Financial Officer
People
Cindy Reed
Tasting Room Host
People
Tj Fase
Senior Director Of National Chain And Key Accounts
People
Jennifer Stiefel
President

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Funding Insights of Heritage Distilling

Heritage Distilling has successfully raised a total of $1.23M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $500 thousand completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Post-IPO — $500,000
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Post-IPO - Heritage Distilling Valuation

investors

Mar, 2020 Amount Seed - Heritage Distilling Valuation

investors

Apr, 2018 Amount Seed - Heritage Distilling Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Heritage Distilling

Heritage Distilling has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Thinking Tree Spirits. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Brand of spirits
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Heritage Distilling

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Heritage Distilling Comparisons

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Competitors of Heritage Distilling

Heritage Distilling operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Diageo, Beam Suntory, Constellation Brands, Q Mixers and Brown-Forman, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category alcoholic beverage company
domain founded_year HQ Location
Multi-category spirits are produced and marketed globally by Beam Suntory.
domain founded_year HQ Location
Multi-category alcoholic beverage company
domain founded_year HQ Location
Brand of alcoholic beverages
domain founded_year HQ Location
Alcoholic beverages are manufactured and marketed worldwide by Brown-Forman.
domain founded_year HQ Location
Whiskey, gin, and vodka are distributed electronically to enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Heritage Distilling

Frequently Asked Questions about Heritage Distilling

When was Heritage Distilling founded?

Heritage Distilling was founded in 2012.

Where is Heritage Distilling located?

Heritage Distilling is headquartered in Gig Harbor, United States. It is registered at Gig Harbor, Washington, United States.

Is Heritage Distilling a funded company?

Heritage Distilling is a funded company, having raised a total of $1.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $387.18K, raised on Feb 08, 2012.

What does Heritage Distilling do?

Heritage Distilling was founded in 2012 and is based in Gig Harbor, United States. Operations focus on the spirits sector, where vodka, gin, whiskey, rum, and other categories are manufactured. Products are distributed through independent retail stores and the companys online platform at heritagedistilling.com, supporting direct-to-consumer sales alongside traditional channels.

Who are the top competitors of Heritage Distilling?

Heritage Distilling's top competitors include Diageo, Lakes Distillery and Brown-Forman.

Is Heritage Distilling publicly traded?

Yes, Heritage Distilling is publicly traded on NASDAQ under the ticker symbol CASK.

How many acquisitions has Heritage Distilling made?

Heritage Distilling has made 1 acquisition, including Thinking Tree Spirits.

What is Heritage Distilling's ticker symbol?

The ticker symbol of Heritage Distilling is CASK on NASDAQ.

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