About 78˚
78˚ is a company based in Adelaide (Australia) founded in 2015 by Sacha La Forgia.. 78˚ offers products and services including Australian Whiskey, Desert Gin, Chocolate Gin, Sunshine State Gin, and Classic Gin. 78˚ operates in a competitive market with competitors including Diageo, Lark Distillery, Innovation Beverage Group, Billson and Bibendum, among others.
- Headquarter Adelaide, Australia
- Founders Sacha La Forgia
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Sectors
Consumer
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Email
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Acquired by
& 1 more
(Apr 05, 2024)
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Products & Services of 78˚
78˚ offers a comprehensive portfolio of products and services, including Australian Whiskey, Desert Gin, Chocolate Gin, Sunshine State Gin, and Classic Gin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium whiskey featuring native Australian flavors
Craft gin made with local ingredients for unique taste
Flavored gin combining chocolate notes and botanicals
Bright gin reflecting Australian regional influences
Award-winning gin with traditional and innovative elements
Citrus-forward spirit for cocktail enthusiasts
Smooth vodka distilled from high-quality ingredients
Exotic gin capturing evening-inspired flavors
Aged whiskey with muscat wine finish
Bundle of assorted gins for variety sampling
Funding Insights of 78˚
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 78˚
78˚ has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mighty Craft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sales services are offered for Australian craft beverage brands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 78˚
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 78
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
78˚ Comparisons
Competitors of 78˚
78˚ 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, Lark Distillery, Innovation Beverage Group, Billson and Bibendum, 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
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| domain | founded_year | HQ Location |
Whisky and spirits are distilled by Lark Distillery in Australia.
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| domain | founded_year | HQ Location |
Innovative beverages and award-winning spirits are crafted by the group.
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| domain | founded_year | HQ Location |
Beers and ciders are produced and branded by Billson.
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| domain | founded_year | HQ Location |
Brand of wine, spirit & beer
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| domain | founded_year | HQ Location |
Produces distilled spirits and manages online age verification for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 78˚
When was 78˚ founded?
78˚ was founded in 2015.
Where is 78˚ located?
78˚ is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.
What does 78˚ do?
78 was founded in 2015 by Sacha La Forgia in Adelaide, Australia, within the wine industry. Operations are centered on wine production and branding, with a focus on Australian viticulture. The brand is managed through its domain, 78degrees.com.au, serving domestic and potentially international markets. Core activities include wine development and distribution from South Australias wine regions.
Who are the top competitors of 78˚?
78˚'s top competitors include Diageo, Lark Distillery and Innovation Beverage Group.
What products or services does 78˚ offer?
78˚ offers Australian Whiskey, Desert Gin, Chocolate Gin, Sunshine State Gin, and 6 more products and services.
Who are 78˚'s investors?
78˚ has 1 investor. Key investors include Mighty Craft.