Drizly

Boston, United States Founded: 2012 • Age: 14 yrs Acquired By Uber
On-demand alcohol delivery is enabled via a mobile application.

About Drizly

Drizly is a Retail company based in Boston (United States) founded in 2012, and was acquired by Uber in February 2021. On-demand alcohol delivery is enabled via a mobile application. Drizly has raised $117.31 million across 6 funding rounds from investors including Uber, Atlas Venture and Vayner/RSE. The company has 112 employees. Drizly has completed 1 acquisition, including ButteryApp. Its chief executive, as recorded, is Cathy Lewenberg. Its website drizly.com draws about 25 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Beverages. Its competitors include ReserveBar, Vroom Delivery and Minibar Delivery; 3 of its 3 listed competitors have raised funding.

Company details

Drizly was founded in 2012 in Boston, United States, as a platform in the alcohol delivery sector. An on-demand service for liquors is operated through a mobile application available on Android and iOS devices. Recommendations of alcohols, including whiskey, vodka, tequila, gin, and rum, are made based on user preferences. Delivery tracking is provided, and pricing comparisons for liquors are facilitated on the platform.

  • Headquarters Boston, United States
  • Employees 112
  • Stage Acquired
  • Sectors
    Retail
  • Website category Food and Drink · Beverages
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website drizly.com
  • Social LinkedIn X Facebook
  • Acquired by Uber (Feb 2021)
  • Legal Name Drizly
Operational Areas
Key Metrics
  • Total Equity Funding
    $117.31M (USD)

    in 6 rounds

  • Latest Funding Round
    $50M (USD), Series C

    Aug 2020

  • Investors
    Uber

    & 29 more

  • Employee Count
    112
  • Investments & Acquisitions
  • Acquired by
    Uber

    (Feb 2021)

Funding Insights of Drizly

Drizly has successfully raised a total of $117.31M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in August 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 $117.31M
  • Total Rounds 6
  • Last Round Series C β€” $50M
  • First Round $2.25M

    (Jan 2014)

  • Investors Count 29

All 6 funding rounds of Drizly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$50MSeries C–Avenir Growth Capital
Dec 2018$34.56MSeries C–Polaris Partners, Baird Capital
–
Aug 2016$15MSeries B–Polaris Partners
–
May 2015$13MSeries A–Polaris Partners
May 2014$2.5MSeed–Continental Investors
Jan 2014$2.25MSeed–Nicholas Rellas
Valuation history

30 investors in total: 16 institutional and 14 angel.

Investors in Drizly

Drizly has secured backing from 30 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Uber, Atlas Venture and Vayner/RSE.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Growth equity investments are made by the private equity firm.
avenirgrowth.comNew York, United States
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
US focused venture capital firm
polarispartners.comBoston, United States
Global private equity and venture capital investments in B2B Tech & Services companies.
bairdcapital.com
VC firm investing in the US
suffolkequity.comCambridge, United States
PE firm focused on beverage sector
firstbev.comLos Angeles, United States
Private equity fund focused on multiple sectors
continentalinvestors.comChicago, United States
Tech VC firm investing in early stage companies in the US
2014vaynerrse.comNew York, United States
Venture capital firm investing in life science and biotechnology sectors
1980atlasventure.comCambridge, United States
Early-stage US tech investments are made by Fairhaven Capital.
fairhavencapital.comCambridge, United States
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Investor details for Drizly

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People of Drizly

846 people are tracked at Drizly (261 in leadership, 9 in board & advisors, 576 in team); the tracked headcount is 112.

NameRoleGroup
Cathy Lewenberg
CEOLeadership
Ramsin Betyousef
Vice President Of Software EngineeringLeadership
Luis Galindo
Partner ManagerLeadership
Jane Hart
Director, Accounting OperationsLeadership
Mariana Muntz
Head Of Marketing South ConeLeadership
Andi Pimentel
Chief of Staff to the CEOLeadership
Dyan A. Ludeña Ferraris
Head Of Global People Science & Strategy | Diversity, Equity, & InclusionLeadership
Philip Leow
Partner Manager IILeadership
Ganesh Talele
Head Of Engineering, Rider ExperienceLeadership
Tony West
SVP, Chief Legal Officer & Corporate SecretaryLeadership
Elizabeth Abbene Coleman
VP, Deputy General Counsel & Deputy Corporate SecretaryLeadership
Venkateswaran Kr
Head Of Moto (bike Taxi), India & South AsiaLeadership
Lukasz C.
Director, Privacy & Cybersecurity Legal (emea) At UberLeadership
Mingmin Chen
Director Of Software EngineeringLeadership
Lisa Li
Senior Director, US And Canada Tax & Global Transfer PricingLeadership
Venkatesh Kancharla
DirectorLeadership
Cassie Jaganyi
Head Of CommunicationsLeadership
Wendy Lee
Director Of Product Management, Head Of Autonomous Mobility And DeliveryLeadership
Jai Malkani
Global Head of Product, Customer ObsessionLeadership
Wali Ansary
Director Of Engineering, Ad ProductsLeadership

826 more people are available in the full profile.

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Investments & Acquisitions by Drizly

Drizly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ButteryApp.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
On demand wines, spirits & beers from local stores.
butteryapp.comBoston, United States2014Aug 2018β€’β€’β€’β€’
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Timeline of Drizly

5 dated milestones of Drizly across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Drizly is founded.
  2. Funding First funding round of $2.2M.
  3. Acquisition Acquires ButteryApp.
  4. Funding Latest funding round, Series C, of $50.0M.
  5. Exit Acquired by Uber.

Competitors of Drizly

Drizly has 3 listed competitors in our database, 3 of them funded. They include ReserveBar, Vroom Delivery and Minibar Delivery.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
reservebar.com2011Ridgefield, United States$2.82M
Premium alcohol products are sold via an online platform.
vroomdelivery.com2015Cincinnati, United States$160,000
Online platform to order alcoholic beverages from partnered liquor stores and restaurants
minibardelivery.com2014New York, United States$6.8M9
Mobile-first On-Demand Alcohol Delivery
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Detailed competitors of Drizly

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Web traffic of Drizly

The website of Drizly (drizly.com) receives about 24.9K visits a month and ranks #954,897 among all websites worldwide, #2,453 in Beverages.

  • Monthly visits
    24.9K

    ▼ 19.5% vs previous month

  • Unique visitors
    22.8K

    per month

  • Global rank
    #954,897

    among all websites

  • Category rank
    #2,453

    Food and Drink · Beverages

Similar websites

Websites whose visitors overlap most with Drizly. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
totalwine.com
100%
#5,399View details
spiritless.com
91%
9.5K#1,807,287View details
beverages2u.com
beverages2u.com
89%
#772,042–
masterofmalt.com
82%
1.1M#31,031View details
wine.com
82%
998.8K#25,365View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 18 similar websites and full traffic analytics for Drizly

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  • 18 similar websites
  • Audience overlap
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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as Drizly (Food & Grocery Retail) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Organic groceries are offered through an online membership platform.
2013Los Angeles, California, United StatesUSD 332.18 M
Online marketplace platform offering multi-category grocery products
2012San Francisco, California, United StatesUSD 2.93 BUSD 3.74 B25,408
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Related news about Drizly

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Frequently Asked Questions about Drizly

Drizly was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Drizly is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Cathy Lewenberg is the CEO of Drizly, as recorded in our data.

Drizly is a funded company, having raised a total of $117.31M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.25M, raised on Jan 2014.

Drizly has 112 employees.

Drizly was founded in 2012 in Boston, United States, as a platform in the alcohol delivery sector. An on-demand service for liquors is operated through a mobile application available on Android and iOS devices. Recommendations of alcohols, including whiskey, vodka, tequila, gin, and rum, are made based on user preferences. Delivery tracking is provided, and pricing comparisons for liquors are facilitated on the platform.

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

Drizly has made 1 acquisition, including ButteryApp.

Drizly has 30 investors. Key investors include Uber, Atlas Venture, Vayner/RSE, Avenir, and Tiger Global.

Drizly operates through Drizly.

Yes. Drizly was acquired by Uber in February 2021.

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