Drink Boxt

Austin, United States Founded: 2020 • Age: 6 yrs
Platform offering wine delivery services

About Drink Boxt

Drink Boxt is a company based in Austin (United States) founded in 2020.. Drink Boxt has raised $9.35 million across 2 funding rounds from investors including SVB, Winery Exchange and Next Coast Ventures. Drink Boxt operates in a competitive market with competitors including ONEHOPE, Fresh Vine Wine, Mod Selection Champagne, Une Femme Wines and Graham + Fisk's, among others.

  • Headquarter Austin, United States
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9.35 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9.35 M (USD), Series A

    Oct 20, 2021

  • Investors
    SVB

    & 2 more

  • Employee Count
    Employee Count
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People of Drink Boxt
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Jocelyn Lovelle
Writer, Editor, Content Producer
People
Samantha O.
Director of Fulfillment Operations

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Funding Insights of Drink Boxt

Drink Boxt has successfully raised a total of $9.35M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.35 million completed in October 2021. 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 Rounds 2
  • Last Round Series A — $9.3M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Debt – Conventional - Drink Boxt Valuation

investors

SVB
Oct, 2021 Amount Series A - Drink Boxt Valuation Next Coast Ventures
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 Drink Boxt

Drink Boxt has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Winery Exchange and Next Coast Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology companies are invested in via thematic research.
Founded Year Domain Location
Banking services are provided to innovative companies, investors, and individuals.
Founded Year Domain Location
Wine brands are developed for domestic and global markets.
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 Drink Boxt

Investments
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 - Drink Boxt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Drink Boxt Comparisons

Employees
+
Add Comparison
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Competitors of Drink Boxt

Drink Boxt 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 ONEHOPE, Fresh Vine Wine, Mod Selection Champagne, Une Femme Wines and Graham + Fisk's, 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
Manufactures and markets of wines
domain founded_year HQ Location
Internet firest brand of wine
domain founded_year HQ Location
Internet first brand of champagne
domain founded_year HQ Location
Internet first brand offering wine
domain founded_year HQ Location
An internet-first wine brand is operated by Graham + Fisk's.
domain founded_year HQ Location
Premium wine is distributed through an internet-first brand.
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 Drink Boxt

Frequently Asked Questions about Drink Boxt

When was Drink Boxt founded?

Drink Boxt was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Drink Boxt located?

Drink Boxt is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is Drink Boxt a funded company?

Drink Boxt is a funded company, having raised a total of $9.35M across 2 funding rounds to date.

What does Drink Boxt do?

Platform offering wine delivery services. The company manufactures and sells wines directly to customers through its memberships program. The company sells the products in an eco-friendly and recyclable pine box. The customers can sign up to receive the boxes via a subscription service. The company plants a tree to help offset the carbon footprint.

Who are the top competitors of Drink Boxt?

Drink Boxt's top competitors include Fresh Vine Wine, ONEHOPE and Une Femme Wines.

Who are Drink Boxt's investors?

Drink Boxt has 3 investors. Key investors include SVB, Winery Exchange, and Next Coast Ventures.

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