Diligence memo · auto-generated · as of July 3, 2026
Wholesome Spirits Inc.
Wholesome Spirits Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Wholesome Spirits Inc. operates in Food & Beverage, based in CHARLESTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Wholesome Spirits Inc. has raised $8.8M 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: $4.8M on 2021-06-29.
Most recent recorded round closed around 2022-10-11.
Valuation (modeled)modeled
Provath models Wholesome Spirits Inc. at approximately $6.9M (range $1.2M–$22M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.21× the median modeled value of Series A Food & Beverage companies in 2022–2024 (19 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 3.7 yr ago; this sector typically re-raises about every 15 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 5.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 91% of Food & Beverage peers (567 compared).
Modeled value ranks above 59% of those peers.
Closest niche peers: VNGR Beverage, LLC, Old Bourbon County Distillery LLC, Arrow&Branch Winery, Llc, Roar Beverages, Inc., Theo Chocolate, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.