About Advance Beverage
Advance Beverage is a company based in Bakersfield (United States) founded in 1954. It operates as a B2B. The company has 143 employees as of December 31, 2019. Advance Beverage offers products and services including Beer Products, Wine Products, and Non-Alcoholic Beverages. Advance Beverage operates in a competitive market with competitors including Ritual Zero Proof, Root Beer, Gruvi, The Florida Brewery and bonbuz, among others.
- Headquarter Bakersfield, United States
- Employees 143 as on 31 Dec, 2019
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Advance Beverage Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
143
as on Dec 31, 2019
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Products & Services of Advance Beverage
Advance Beverage offers a comprehensive portfolio of products and services, including Beer Products, Wine Products, and Non-Alcoholic Beverages. 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.
Distribution of high-quality beer to retailers and customers
Supply of premium wine and related beverages
Provision of non-alcoholic drinks for various markets
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Funding Insights of Advance Beverage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by Advance Beverage
| 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 - Advance Beverage
| 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 |
Advance Beverage Comparisons
Competitors of Advance Beverage
Advance Beverage 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 Ritual Zero Proof, Root Beer, Gruvi, The Florida Brewery and bonbuz, 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 |
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| domain | founded_year | HQ Location |
Non-alcoholic spirits alternatives are offered by the brand.
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| domain | founded_year | HQ Location |
Brand of soft drinks, root beer, and beverage products
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| domain | founded_year | HQ Location |
Non-alcoholic craft beers and wines are manufactured and distributed.
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| domain | founded_year | HQ Location |
Produces beer and Malta, provides contract brewing, co-packing, and bottling services.
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| domain | founded_year | HQ Location |
Alcohol-free wines are produced and marketed by Bonbuz.
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| domain | founded_year | HQ Location |
Crafts non-alcoholic beer and craft brews for online sales, wholesale, and community support.
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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 Advance Beverage
When was Advance Beverage founded?
Advance Beverage was founded in 1954.
Where is Advance Beverage located?
Advance Beverage is headquartered in Bakersfield, United States. It is registered at Bakersfield, California, United States.
How many employees does Advance Beverage have?
As of Dec 31, 2019, the latest employee count at Advance Beverage is 143.
What does Advance Beverage do?
Advance Beverage Company, a family-owned distributor since 1971, provides a complete line of beer, non-alcoholic, and wine products in the Central Valley. Based in Bakersfield, California, they serve retailers with a Cicerone Beer Certified sales force, emphasizing quality, innovation, and customer satisfaction. They focus on exceeding expectations through knowledgeable services and community involvement, while maintaining honesty and integrity in all operations.
Who are the top competitors of Advance Beverage?
Advance Beverage's top competitors include Ritual Zero Proof, Root Beer and Gruvi.
What products or services does Advance Beverage offer?
Advance Beverage offers Beer Products, Wine Products, and Non-Alcoholic Beverages.