BeerAdvocate

Los Angeles, United States Founded: 1996 • Age: 30 yrs Acquired By Next Glass
Platform providing resources for beer and relevant event hosts

About BeerAdvocate

BeerAdvocate is a company based in Los Angeles (United States) founded in 1996 by Todd Alstrom was acquired by Next Glass in February 2020.. The company has 5 employees as of December 31, 2019. BeerAdvocate operates in a competitive market with competitors including abillion, Food Network, Spoon University, Nom and Sorted food, among others.

  • Headquarter Los Angeles, United States
  • Employees 5 as on 31 Dec, 2019
  • Founders Todd Alstrom
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    5

    as on Dec 31, 2019

  • Acquired by
    Next Glass

    (Feb 24, 2020)

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Funding Insights of BeerAdvocate

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BeerAdvocate

BeerAdvocate has secured backing from 1 investor. Prominent investors backing the company include Next Glass. 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.

All
Investor Description Founded Year Domain Location
Personalized beer and wine recommendations are delivered via an app.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BeerAdvocate

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BeerAdvocate

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Beeradvocate Comparisons

Employees
+
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Competitors of BeerAdvocate

BeerAdvocate 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 abillion, Food Network, Spoon University, Nom and Sorted food, 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
A community for vegan dishes is provided via mobile app.
domain founded_year HQ Location
Offers online recipes, videos, cooking tips, and shows for home cooks.
domain founded_year HQ Location
Food community for college students and millennials
domain founded_year HQ Location
Video ad campaigns across social platforms are optimized and measured.
domain founded_year HQ Location
Food video production, cooking app, community building, and brand collaborations.
domain founded_year HQ Location
App-based platform for vegan community discovery and features is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Beeradvocate

Next Glass Acquires Assets of BeerAdvocate
Prnewswire6 years ago
BeerAdvocate to Launch New App in April
Brewbound6 years ago

Frequently Asked Questions about BeerAdvocate

When was BeerAdvocate founded?

BeerAdvocate was founded in 1996.

Where is BeerAdvocate located?

BeerAdvocate is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

How many employees does BeerAdvocate have?

As of Dec 31, 2019, the latest employee count at BeerAdvocate is 5.

What does BeerAdvocate do?

The platform was founded in 1996 by Todd Alstrom in Los Angeles, United States, within the beverage and online community sector. Operations focus on delivering resources for beer-related activities, including forums for discussions, reviews of beers and venues, trading sections for enthusiasts, and information on events. Services extend to user-generated content and community engagement across the United States.

Who are the top competitors of BeerAdvocate?

BeerAdvocate's top competitors include abillion, Spoon University and Veganzone.

Who are BeerAdvocate's investors?

BeerAdvocate has 1 investor. Key investors include Next Glass.

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