About Cheerwine
Cheerwine is a company based in Salisbury (United States) founded in 1917. It operates as a D2C, and B2C. Cheerwine offers products and services including Cheerwine Soft Drink, Cheerwine Retro T-Shirt, Cheerwine Trucker Hat, Cheerwine Syrup, and Cheerwine Lip Balm. Cheerwine operates in a competitive market with competitors including Body Armor, Runa, Celsius Holdings, Monster Beverage Corporation and Coca-Cola Consolidated, among others.
- Headquarter Salisbury, United States
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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 Cheerwine Bottling 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
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Products & Services of Cheerwine
Cheerwine offers a comprehensive portfolio of products and services, including Cheerwine Soft Drink, Cheerwine Retro T-Shirt, Cheerwine Trucker Hat, Cheerwine Syrup, and Cheerwine Lip Balm. 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.
Cherry-flavored soft drink for everyday consumption
Branded apparel for fan promotions
Hat featuring company logo
Syrup for mixing drinks at home
Branded personal care product
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Funding Insights of Cheerwine
| 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 |
Investments & Acquisitions by Cheerwine
| 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 - Cheerwine
| 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 |
Cheerwine Comparisons
Competitors of Cheerwine
Cheerwine 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 Body Armor, Runa, Celsius Holdings, Monster Beverage Corporation and Coca-Cola Consolidated, 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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Functional beverage company manufacturing sports drink products with coconut water base
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Global payout infrastructure is provided by Runa for businesses.
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| domain | founded_year | HQ Location |
Gluten-free energy drinks without sugar are produced by Celsius Holdings.
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Energy drink holding company
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| domain | founded_year | HQ Location |
Nonalcoholic beverages are bottled and distributed in the United States.
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Sports and energy drinks and supplements are manufactured.
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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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Latest news on Cheerwine
Frequently Asked Questions about Cheerwine
When was Cheerwine founded?
Cheerwine was founded in 1917.
Where is Cheerwine located?
Cheerwine is headquartered in Salisbury, United States.
What does Cheerwine do?
Carolina Beverage Corporation manufactures Cheerwine, a distinctive cherry-flavored soft drink, and related merchandise like apparel and accessories. They operate from Salisbury, North Carolina, selling products directly online and via retail partners across the Southern US. The company engages customers through events, recipes, and a fan club, focusing on consumer goods distribution and promotions to build brand loyalty.
Who are the top competitors of Cheerwine?
Cheerwine's top competitors include Runa, Body Armor and Monster Beverage Corporation.
What products or services does Cheerwine offer?
Cheerwine offers Cheerwine Soft Drink, Cheerwine Retro T-Shirt, Cheerwine Trucker Hat, Cheerwine Syrup, and Cheerwine Lip Balm.