About Black Velvet
Black Velvet is a company based in Bardstown (United States) founded in 2006 was acquired by Heaven Hill Brands in November 2019.. Black Velvet offers products and services including Black Velvet Original, Black Velvet Reserve, and Black Velvet Flavors. Black Velvet operates in a competitive market with competitors including Constellation Brands, Diageo, Brown-Forman, Q Mixers and Ole Smoky, among others.
- Headquarter Bardstown, United States
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Black Velvet Import Co.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Heaven Hill Brands
(Nov 07, 2019)
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Products & Services of Black Velvet
Black Velvet offers a comprehensive portfolio of products and services, including Black Velvet Original, Black Velvet Reserve, and Black Velvet Flavors. 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.
Canadian whisky offering smooth characteristics for general consumption.
Extra-aged Canadian whisky for premium drinking experiences.
Variety of flavored Canadian whiskies for diverse tastes.
Funding Insights of Black Velvet
| 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 Black Velvet
Black Velvet has secured backing from 1 investor. Prominent investors backing the company include Heaven Hill Brands. 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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Multiple spirits categories are manufactured and marketed.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Black Velvet
| 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 - Black Velvet
| 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 |
Black Velvet Comparisons
Competitors of Black Velvet
Black Velvet 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 Constellation Brands, Diageo, Brown-Forman, Q Mixers and Ole Smoky, 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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Multi-category alcoholic beverage company
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Multi-category alcoholic beverage company
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| domain | founded_year | HQ Location |
Alcoholic beverages are manufactured and marketed worldwide by Brown-Forman.
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Brand of alcoholic beverages
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Whiskey brands are produced and distributed by Ole Smoky.
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Whiskey is produced and distributed under the Heaven's Door brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Black Velvet
Frequently Asked Questions about Black Velvet
When was Black Velvet founded?
Black Velvet was founded in 2006.
Where is Black Velvet located?
Black Velvet is headquartered in Bardstown, United States. It is registered at Bardstown, Kentucky, United States.
What does Black Velvet do?
Black Velvet was established in 2006 in Bardstown, United States, within the alcoholic beverages industry. Focus is placed on whiskey production, including distillation and blending processes at local facilities. Operations encompass bottling and packaging for domestic distribution. The brands whiskey is supplied through retail and wholesale networks across the United States, with emphasis on standard blended varieties. Geographic presence remains centered in Bardstown for manufacturing activities.
Who are the top competitors of Black Velvet?
Black Velvet's top competitors include Diageo, Brown-Forman and Constellation Brands.
What products or services does Black Velvet offer?
Black Velvet offers Black Velvet Original, Black Velvet Reserve, and Black Velvet Flavors.
Who are Black Velvet's investors?
Black Velvet has 1 investor. Key investors include Heaven Hill Brands.