About Drizly
Drizly is a company based in Boston (United States) founded in 2012 was acquired by Uber in February 2021. Drizly has raised $117.31 million across 6 funding rounds from investors including Uber, Atlas Venture and Vayner/RSE. The company has 112 employees as of December 31, 2022. Drizly has completed 1 acquisition, including ButteryApp. Drizly operates in a competitive market with competitors including ReserveBar, Vroom Delivery, Minibar Delivery, Bevz and Oznr, among others.
- Headquarter Boston, United States
- Employees 112 as on 31 Dec, 2022
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Drizly
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$117.31 M (USD)
in 6 rounds
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Latest Funding Round
$50 M (USD), Series C
Aug 20, 2020
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Investors
Uber
& 29 more
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Employee Count
112
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Uber
(Feb 02, 2021)
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People of Drizly
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Software Development Team
245 people
Product Management Team
84 people
Sales and Marketing
72 people
Leadership Team
63 people
Data Analysis and Operations Team
51 people
Senior Team
45 people
Finance and Accounting
41 people
Operations Team
26 people
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments are made by the private equity firm.
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Venture and private equity investments are managed with global diversification.
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US focused venture capital firm
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Investor details for Drizly
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Investments & Acquisitions by Drizly
Drizly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ButteryApp.
Investment portfolio details for Drizly
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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On demand wines, spirits & beers from local stores.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Drizly
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Financial Statements - Drizly
Detailed financials for Drizly
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Drizly Comparisons
Peer comparison for Drizly
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Competitors of Drizly
Drizly 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 ReserveBar, Vroom Delivery, Minibar Delivery, Bevz and Oznr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Premium alcohol products are sold via an online platform.
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Online platform to order alcoholic beverages from partnered liquor stores and restaurants
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Mobile-first On-Demand Alcohol Delivery
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Alcoholic beverages are retailed online by Bevz.
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Online marketplace for connecting craft beverages
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Detailed competitors of Drizly
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Latest news on Drizly
Complete news archive for 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 current CEO of Drizly.
Drizly is a funded company, having raised a total of $117.31M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Drizly is 112.
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.