About DRINKS
DRINKS is a company based in Los Angeles (United States) founded in 2013 by Zac Brandenberg, Barry Collier, and Josiah Gordon.. DRINKS has raised $15 million across 1 funding round from investors including Beverly Pacific, J.F. Shea Co and Yehuda Shmidman. DRINKS has completed 2 acquisitions, including Electriq Marketing and Wine Insiders. DRINKS offers products and services including DRINKS Anywhere and DRINKS Assure.
- Headquarter Los Angeles, United States
- Founders Zac Brandenberg, Barry Collier, Josiah Gordon
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Drinks Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15 M (USD)
in 1 rounds
-
Latest Funding Round
$15 M (USD), Series B
Sep 07, 2018
-
Investors
Beverly Pacific
& 3 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Electriq Marketing
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of DRINKS
DRINKS offers a comprehensive portfolio of products and services, including DRINKS Anywhere and DRINKS Assure. 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.
A platform is provided for businesses to sell alcohol online with compliance features and account management services.
Real-time tax and compliance tools are offered for integration into e-commerce systems to handle alcohol sales regulations.
Unlock access to complete
Funding Insights of DRINKS
DRINKS has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series B round of $15 million completed in September 2018. 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 1
- Last Round Series B — $15.0M
-
First Round
First Round
(07 Sep 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series B - DRINKS | Valuation | Beverly Pacific |
| 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 DRINKS
DRINKS has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Beverly Pacific, J.F. Shea Co and Yehuda Shmidman. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Provides opportunistic fundamental value investing and supports community well-being.
|
Founded Year | Domain | Location | |
|
Infrastructure development services are provided by J.F. Shea Co.
|
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 DRINKS
DRINKS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Electriq Marketing and Wine Insiders. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of web design, marketing, and other services for e-commerce brands
|
2018 | ||||
|
Curated wine selections are delivered via subscription services.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - DRINKS
| 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 |
Drinks Comparisons
Competitors of DRINKS
| 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.
|
Frequently Asked Questions about DRINKS
When was DRINKS founded?
DRINKS was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is DRINKS located?
DRINKS is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of DRINKS?
Zac Brandenberg is the current CEO of DRINKS. They have also founded this company.
Is DRINKS a funded company?
DRINKS is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series B of $15M, raised on Sep 07, 2018.
What does DRINKS do?
DRINKS was founded in 2013 in Los Angeles, United States, as a provider of e-commerce solutions tailored to the alcohol industry. Integrated services are offered, encompassing an online sales platform, real-time tax and compliance tools, and digital marketing support. Businesses are assisted in managing regulatory complexities, optimizing sales via data analytics and AI, and integrating with existing e-commerce systems. Direct-to-consumer transactions are facilitated alongside customer success and execution resources.
What products or services does DRINKS offer?
DRINKS offers DRINKS Anywhere and DRINKS Assure.
How many acquisitions has DRINKS made?
DRINKS has made 2 acquisitions, including Electriq Marketing, and Wine Insiders.
Who are DRINKS's investors?
DRINKS has 4 investors. Key investors include Beverly Pacific, J.F. Shea Co, Yehuda Shmidman, and Stable Road Acquisition Corp.