Three Chord Bourbon Inc., the award-winning bourbon company founded by music legend Neil Giraldo, announced that a Series A equity raise is under way and has already been met with excitement from multiple investors who have currently committed approximately $8 million of the targeted $12.7 million overall raise.

With a collection of award-winning bourbons sought after by whiskey enthusiasts across the country, the round of capital will be used to expand brand distribution from 38 states to the entire continental US, plus strategic international markets. In addition, the company plans to further build its presence in existing markets as a leading craft whiskey producer with deep ties to live music via its Music Ambassadorship program that will bring regional artists into partner venues and via its soon-to-be-launched entertainment podcast, Sipping Sessions, which will unite Giraldo in conversation with icons of entertainment.

Currently, Three Chord’s network of distributors consists of leading industry names such as RNDC, Empire Merchants, Johnson Brothers, and Breakthru Beverage. The eight award-winning Three Chord products that are currently available are stocked by major retail chains including Wegmans, Shoprite, BevMo and Specs, as well as more than 3,000 independently operated spirits outlets across the country.

“We are extremely proud of our team’s success to date and look forward to all of the great work we plan to do with this next round of funding,” Giraldo, Three Chord Founder & Chairman who is a Grammy-winning musician, songwriter and producer and a 2022 Rock & Roll Hall of Fame inductee, said in a news release. “Given the level of excitement we have seen from fans, the brand has decided to offer a portion of the round to the general public via the crowdfunding platform, WeFunder.com. The WeFunder offering allows supporters of Three Chord to be involved in the company’s success with a low minimum investment while receiving investor-only perks.”

In 2023, the brand will additionally undertake focused marketing and amplification efforts, including the launch of Giraldo’s podcast, while expanding its Music Ambassadorship program, a collaborative initiative to bring new music artists to local music venues around the U.S. who carry the Three Chord collection. These efforts will engage brand fans and aficionados while creating a signature series of events for Three Chord across the U.S.

For accredited investors interested in investments of $25,000 or more, please contact [email protected] to request a full private placement memorandum and information on additional investor benefits such as access to limited edition, investor-only whiskey releases and more. Smaller investments can be made via http://www.wefunder.com/threechordbourbon.