About Drakes Organic Spirits
Drakes Organic Spirits is a company based in Minneapolis (United States) founded in 2016 by Mark Anderson and Kristen Anderson. It operates as a B2B. Drakes Organic Spirits has raised $19.47 million across 6 funding rounds. Drakes Organic Spirits operates in a competitive market with competitors including Beam Suntory, Lakes Distillery, Angel's Envy, Stoli Group and Wolf Spirit, among others.
- Headquarter Minneapolis, United States
- Founders Mark Anderson, Kristen Anderson
- SectorsConsumer
- Website drakesorganicspirits.com
- Social X Facebook
- Total Equity Funding$19.47M (USD)
in 6 rounds
- Latest Funding Round$1.21M (USD), Series B
Mar 2023
Funding Insights of Drakes Organic Spirits
Drakes Organic Spirits has successfully raised a total of $19.47M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $1.21 million completed in March 2023. 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 $19.47M
- Total Rounds 6
- Last Round Series B — $1.21M
- First Round $3.07M
(Apr 2017)
All 6 funding rounds of Drakes Organic Spirits with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $1.21M | Series B | – | – | – |
| Dec 2021 | $1.18M | Series B | – | – | – |
| Jun 2021 | $5.89M | Series B | – | – | – |
| Apr 2021 | $1.88M | Series B | – | – | – |
| Oct 2019 | $6.24M | Series B | – | – | – |
| Apr 2017 | $3.07M | Series A | – | – | – |
People of Drakes Organic Spirits
5 people are tracked at Drakes Organic Spirits (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Mark Anderson | Co-Founder, CEO | Leadership |
Kristen Anderson | Co-Founder | Leadership |
Kristen A. | Co-Founder | Leadership |
Jeffrey Brill | Regional Sales Manager, Southeast | Team |
Cathy Molina | Packaging & Production Manager | Team |
Complete people profiles for Drakes Organic Spirits
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Drakes Organic Spirits
3 dated milestones of Drakes Organic Spirits across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Drakes Organic Spirits is founded.
- Funding First funding round of $3.1M.
- Funding Latest funding round, Series B, of $1.2M.
Competitors of Drakes Organic Spirits
Drakes Organic Spirits 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 Beam Suntory, Lakes Distillery, Angel's Envy, Stoli Group and Wolf Spirit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| beamsuntory.com | 1899 | Chicago, United States | $5.17M | 1,788 | Multi-category spirits are produced and marketed globally by Beam Suntory. | |
| lakesdistillery.com | 2011 | Keswick, United Kingdom | $13.51M | 76 | Whiskey, gin, and vodka are distributed electronically to enterprises. | |
| angelsenvy.com | 2010 | Louisville, United States | $12.08M | – | Brand of premium rums & whiskey | |
| stoli-group.com | 2013 | New York, United States | – | 63 | Premium spirits are branded and distributed by Stoli Group. | |
| ourwolfspirit.com | 2022 | Eugene, United States | $1.71M | – | Retailer of distilled spirits, bourbon, vodka, gin, and related merchandise | |
| thecentralstandard.com | 2014 | Milwaukee, United States | $755,000 | – | Multi-category spirit company | |
| nydistilling.com | 2009 | Brooklyn, United States | $1.85M | – | Multi-category spirits company | |
| dryflydistilling.com | 2007 | Spokane, United States | – | 3 | Premium multi-category spirits are distilled and branded. |
Detailed competitors of Drakes Organic Spirits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Drakes Organic Spirits
Complete news archive for Drakes Organic Spirits
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Drakes Organic Spirits
10 companies that operate in the same segment as Drakes Organic Spirits (Alcoholic & Tobacco Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Wines, spirits, and champagnes are produced and distributed worldwide. | 1975 | Paris, France | – | USD 10.71 B | 19,560 | |
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of beer | 2017 | Milford, United States | USD 251.44 M | – | – | |
Beer and cider brands are produced and marketed worldwide. | 1864 | Amsterdam, Netherlands | – | USD 26.58 B | 86,000 | |
Multi-category alcoholic beverage company | 1886 | London, England, United Kingdom | – | USD 19.36 B | 29,630 | |
Beer production, marketing, and sales are managed globally. | 2008 | Brussels, Brussels-capital Region, Belgium | – | USD 103.65 M | 2,054 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Premium beers, ciders, and non-alcoholic drinks are produced and distributed. | 1847 | Copenhagen, Denmark | USD 765.14 M | USD 14.02 B | 32,100 | |
Beer brands are produced and distributed by Ambev in Brazil. | 1999 | Sao Paulo, Brazil | – | USD 16.11 B | 43,000 |
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Frequently Asked Questions about Drakes Organic Spirits
Drakes Organic Spirits was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Drakes Organic Spirits is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Mark Anderson is the current CEO of Drakes Organic Spirits. They have also founded this company.
Drakes Organic Spirits is a funded company, having raised a total of $19.47M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.07M, raised on Apr 2017.
Drakes Organic Spirits, led by Mark Anderson as Co-Founder, CEO, Kristen Anderson as Co-Founder, specializes in consumer goods and beverages, alcoholic beverages, spirits production, and rum and vodka branding. Serves as a brand specializing in organic rum, vodka, and cocktails. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Drakes Organic Spirits's top competitors include Lakes Distillery, Angel's Envy and Beam Suntory.