About Cranes
Cranes is a company based in Royston (United Kingdom) founded in 2012 by Daniel Ritsema and Benjamin Ritsema.. Cranes has raised $667.27 thousand across 3 funding rounds from investors including Brothers Cider. Cranes offers products and services including Premium Cider Range, Ultra-Refreshing Ciders, No and Low Alcohol Ciders, and Wild English Berries Cider. Cranes operates in a competitive market with competitors including Seedlip, Chambord, Hogg Norton, Six Liqueurs and White Heron Drinks, among others.
- Headquarter Royston, United Kingdom
- Founders Daniel Ritsema, Benjamin Ritsema
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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 Cranes Drink Ltd
- Date of Incorporation 05 Aug, 2013
- Jurisdiction ROYSTON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$667.27 K (USD)
in 3 rounds
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Latest Funding Round
$237.62 K (USD), Seed
May 15, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Cranes
Cranes offers a comprehensive portfolio of products and services, including Premium Cider Range, Ultra-Refreshing Ciders, No and Low Alcohol Ciders, and Wild English Berries Cider. 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.
Collection of premium apple and berry ciders made from real fruit
Fruity ciders with flavors like raspberries and blueberries
Alcohol-reduced ciders maintaining natural fruit taste
Cider featuring vibrant berry flavors from real ingredients
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Funding Insights of Cranes
Cranes has successfully raised a total of $667.27K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $237.62 thousand completed in May 2020. 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 3
- Last Round Seed — $237,622
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First Round
First Round
(22 Sep 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - Cranes | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Cranes | Valuation |
investors |
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| Sep, 2016 | Amount | Seed - Cranes | Valuation |
investors |
| 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 |
Investors in Cranes
Cranes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brothers Cider. 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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Operates as a brand specializing in cider products.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cranes
| 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 - Cranes
| 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 |
Cranes Comparisons
Competitors of Cranes
Cranes 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 Seedlip, Chambord, Hogg Norton, Six Liqueurs and White Heron Drinks, 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 |
A brand of liquors is developed and marketed by Seedlip.
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| domain | founded_year | HQ Location |
Black raspberry liqueur is produced and distributed by Chambord brand.
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| domain | founded_year | HQ Location |
Online seller of natural fruit liqueurs with various flavors and gift sets.
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| domain | founded_year | HQ Location |
A brand offering a range of premium liqueurs for consumers.
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| domain | founded_year | HQ Location |
Serves as a premium liqueur brand offering distinctive beverages.
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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 Cranes
Frequently Asked Questions about Cranes
When was Cranes founded?
Cranes was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Cranes located?
Cranes is headquartered in Royston, United Kingdom. It is registered at Royston, England, United Kingdom.
Is Cranes a funded company?
Cranes is a funded company, having raised a total of $667.27K across 3 funding rounds to date. The company's 1st funding round was a Seed of $123.36K, raised on Sep 22, 2016.
What does Cranes do?
Cranes was established in 2012 by co-founders Daniel Ritsema and Benjamin Ritsema in Royston, United Kingdom. The company operates within the beverage sector, focusing on the production and distribution of cider and liqueurs. Its online presence is maintained through the domain drinkcranes.co.uk. Leadership is provided by the co-founders, who serve as managing directors, overseeing operations from the UK base.
Who are the top competitors of Cranes?
Cranes's top competitors include Seedlip, Chambord and Hogg Norton.
What products or services does Cranes offer?
Cranes offers Premium Cider Range, Ultra-Refreshing Ciders, No and Low Alcohol Ciders, and Wild English Berries Cider.
Who are Cranes's investors?
Cranes has 1 investor. Key investors include Brothers Cider.