DrinkFly

Chicago, United States Founded: 2014 • Age: 12 yrs Acquired By Thirstie
Multi-category alcohol products are retailed online by DrinkFly.
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About DrinkFly

DrinkFly is a company based in Chicago (United States) founded in 2014 by Devaraj Southworth was acquired by Thirstie in February 2016.. DrinkFly offers products and services including Don Julio Tequila, Ciroc Vodka, Whiskey, and Rum. DrinkFly operates in a competitive market with competitors including Drizly, Minibar Delivery, ReserveBar, Vroom Delivery and Bevz, among others.

  • Headquarter Chicago, United States
  • Founders Devaraj Southworth
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Thirstie

    (Feb 17, 2016)

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Products & Services of DrinkFly

DrinkFly offers a comprehensive portfolio of products and services, including Don Julio Tequila, Ciroc Vodka, Whiskey, and Rum. 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.

Primary

Premium tequila for online purchase and home delivery

Flavored vodka brand available for direct ordering

Variety of whiskey options for e-commerce delivery

Assorted rum products sold through online platform

Funding Insights of DrinkFly

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 DrinkFly

DrinkFly has secured backing from 1 investor. Prominent investors backing the company include Thirstie. 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
Investor Description Founded Year Domain Location
E-commerce solutions for alcoholic beverages are provided by Thirstie.
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 DrinkFly

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 - DrinkFly

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

Drinkfly Comparisons

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Competitors of DrinkFly

DrinkFly 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 Drizly, Minibar Delivery, ReserveBar, Vroom Delivery and Bevz, 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
On-demand alcohol delivery is enabled via a mobile application.
domain founded_year HQ Location
Mobile-first On-Demand Alcohol Delivery
domain founded_year HQ Location
Premium alcohol products are sold via an online platform.
domain founded_year HQ Location
Online platform to order alcoholic beverages from partnered liquor stores and restaurants
domain founded_year HQ Location
Alcoholic beverages are retailed online by Bevz.
domain founded_year HQ Location
Online marketplace for connecting craft beverages
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 Drinkfly

Frequently Asked Questions about DrinkFly

When was DrinkFly founded?

DrinkFly was founded in 2014.

Where is DrinkFly located?

DrinkFly is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Who is the current CEO of DrinkFly?

Devaraj Southworth is the current CEO of DrinkFly. They have also founded this company.

What does DrinkFly do?

DrinkFly was founded in 2014 in Chicago, United States, as an online retailer in the alcohol sector. A diverse catalog of products, including beer, wine, rum, vodka, brandy, whiskey, tequila, bourbon, and champagne, is maintained. Users are enabled to search items based on criteria such as year, country, and alcohol level. Operations focus on e-commerce delivery within the United States.

Who are the top competitors of DrinkFly?

DrinkFly's top competitors include Drizly, Vroom Delivery and Minibar Delivery.

What products or services does DrinkFly offer?

DrinkFly offers Don Julio Tequila, Ciroc Vodka, Whiskey, and Rum.

Who are DrinkFly's investors?

DrinkFly has 1 investor. Key investors include Thirstie.

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