Diligence memo · auto-generated · as of July 2, 2026
Kuleana Spirits, Inc.
Kuleana Spirits, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Kuleana Spirits, Inc. operates in Food & Beverage, based in KAMUELA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kuleana Spirits, Inc. has raised $6.9M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.5M on 2017-10-13.
Most recent recorded round closed around 2019-12-09.
Valuation (modeled)modeled
Provath models Kuleana Spirits, Inc. at approximately $29M (range $2.6M–$156M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.43× the median modeled value of Series A Food & Beverage companies in 2019–2021 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 6.6 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 88% of Food & Beverage peers (567 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: Drop Kitchen, Inc., Bright Cellars Inc., Lagom Kitchen Co, Wildpack Beverage Alberta Inc., Toast Spirits LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.