About Bev
Bev is a company based in Los Angeles (United States) founded in 2017 was acquired by E & J Gallo Winery in June 2023.. Bev has raised $7 million across 1 funding round from investors including E & J Gallo Winery, Founders Fund and techVenture. Bev offers products and services including Glam Bubbly Rosé, Glitz Bubbly White, Rosé, Blanc Sauvignon Blanc, and Glow Bubbly Sauvignon Blanc. Bev operates in a competitive market with competitors including Hambledon Vineyard, Duckhorn Wine Co, Full Glass Wine, TOST and Fresh Vine Wine, among others.
- Headquarter Los Angeles, United States
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bev Wines
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7 M (USD)
in 1 rounds
-
Latest Funding Round
$7 M (USD), Seed
Apr 16, 2019
-
Investors
E & J Gallo Winery
& 2 more
-
Employee Count
Employee Count
-
Acquired by
E & J Gallo Winery
(Jun 01, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Bev
Bev offers a comprehensive portfolio of products and services, including Glam Bubbly Rosé, Glitz Bubbly White, Rosé, Blanc Sauvignon Blanc, and Glow Bubbly Sauvignon Blanc. 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.
Canned rosé wine that is extra crisp and fizzy
Canned white wine that is extra dry and fizzy
Dry canned rosé wine with a little fizz
Zippy canned Sauvignon Blanc with light fizz
Extra zippy and fizzy canned Sauvignon Blanc
Bright canned Pinot Grigio with light fizz
Edgy canned Pinot Noir with light fizz
Unlock access to complete
Funding Insights of Bev
Bev has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $7.0M
-
First Round
First Round
(16 Apr 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - Bev | Valuation | Founders Fund , techVenture |
|
| 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 Bev
Bev has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include E & J Gallo Winery, Founders Fund and techVenture. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology and defense sectors.
|
Founded Year | Domain | Location | |
|
Early-stage tech investments are targeted by techVenture in the US.
|
Founded Year | Domain | Location | |
|
Wine and spirits are produced and distributed globally.
|
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 Bev
| 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 - Bev
| 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 |
Bev Comparisons
Competitors of Bev
Bev 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 Hambledon Vineyard, Duckhorn Wine Co, Full Glass Wine, TOST and Fresh Vine Wine, 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 |
Premium wines are produced at Hambledon Vineyard in England.
|
|
| domain | founded_year | HQ Location |
Premium Napa Valley wines are produced and sold directly.
|
|
| domain | founded_year | HQ Location |
A brand of wines is offered by Full Glass Wine.
|
|
| domain | founded_year | HQ Location |
Non-alcoholic champagne is branded and distributed by TOST.
|
|
| domain | founded_year | HQ Location |
Internet firest brand of wine
|
| 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 Bev
Frequently Asked Questions about Bev
When was Bev founded?
Bev was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Bev located?
Bev is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Bev a funded company?
Bev is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on Apr 16, 2019.
What does Bev do?
Bev was established in 2017 in Los Angeles, United States, as a brand focused on wines. Operations center on the production and marketing of wine products within the alcoholic beverages industry. Distribution occurs through online platforms, including the domain drinkbev.com. The company maintains its headquarters in Los Angeles, serving the domestic market with a range of wine offerings tailored to consumer preferences.
Who are the top competitors of Bev?
Bev's top competitors include Mizkan, TOST and Hambledon Vineyard.
What products or services does Bev offer?
Bev offers Glam Bubbly Rosé, Glitz Bubbly White, Rosé, Blanc Sauvignon Blanc, and 3 more products and services.
Who are Bev's investors?
Bev has 3 investors. Key investors include E & J Gallo Winery, Founders Fund, and techVenture.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.