About Merican Mule
Merican Mule is a Consumer company based in Long Beach (United States) founded in 2015, and was acquired by Saranac in April 2024. Brand of cocktails. Merican Mule has raised $3.49 million across 3 funding rounds from investors including Saranac. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Ready-to-Drink Alcoholic Beverages and Consumer Goods. Its competitors include Sazerac, Austin Cocktails and Jiant; 2 of its 3 listed competitors have raised funding.
Company details
Merican Mule was established in 2015 in Long Beach, United States, as a brand within the beverage sector. Cocktails are developed and marketed under this name, with operations focused on alcoholic mixed drinks. The domain mericanmule.com is utilized for online presence. Distribution occurs through retail and possibly hospitality channels in the United States. Specific production details or international reach are not specified in available records.
- Headquarters Long Beach, United States
- Stage Acquired
- SectorsConsumer
- Website mericanmule.com
- Acquired by Saranac (Apr 2024)
Funding Insights of Merican Mule
Merican Mule has successfully raised a total of $3.49M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in November 2022. 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 $3.49M
- Total Rounds 3
- Last Round Seed — $500,000
- First Round $1.5M
(Dec 2020)
All 3 funding rounds of Merican Mule with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $500,000 | Seed | – | – | – |
| Mar 2022 | $1.49M | Seed | – | – | – |
| Dec 2020 | $1.5M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Merican Mule
Merican Mule has secured backing from 1 investor. Prominent investors backing the company include Saranac.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Craft brewery producing beers, hosting events, and selling merchandise to consumers. | 1888 | saranac.com | Utica, United States |
Investor details for Merican Mule
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Merican Mule
4 people are tracked at Merican Mule (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Steve Pawlik | Co-Founder | Leadership |
Saeed Habib | Sales Manager | Team |
Kelsey Coughlin | Market Sales Manager | Team |
Susan Duarte (Iorio) | Brand Ambassador | Team |
Complete people profiles for Merican Mule
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Merican Mule
4 dated milestones of Merican Mule across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Merican Mule is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Seed, of $500K.
- Exit Acquired by Saranac.
Competitors of Merican Mule
Merican Mule has 3 listed competitors in our database, 2 of them funded. They include Sazerac, Austin Cocktails and Jiant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sazerac.com | 1850 | Louisville, United States | 1,212 | Global producer of spirits with worldwide brands and distilleries. | ||
| austincocktails.com | 2011 | Austin, United States | $11.29M | Ready-to-drink alcoholic beverages are produced and distributed by the brand. | ||
| drinkjiant.com | 2019 | Culver, United States | $8.3M | Fresh-brewed hard teas and kombuchas are produced by Jiant. |
Detailed competitors of Merican Mule
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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
Related news about Merican Mule
Complete news archive for Merican Mule
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Merican Mule
Merican Mule was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Merican Mule is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
Merican Mule is a funded company, having raised a total of $3.49M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Dec 2020.
Merican Mule was established in 2015 in Long Beach, United States, as a brand within the beverage sector. Cocktails are developed and marketed under this name, with operations focused on alcoholic mixed drinks. The domain mericanmule.com is utilized for online presence. Distribution occurs through retail and possibly hospitality channels in the United States. Specific production details or international reach are not specified in available records.
Merican Mule's top competitors include Jiant, Austin Cocktails and Sazerac.
Merican Mule has 1 investor. Key investors include Saranac.
Yes. Merican Mule was acquired by Saranac in April 2024.