About Next Century Spirits
Next Century Spirits is a company based in Raleigh (United States) founded in 2018.. Next Century Spirits has raised $9.63 million across 2 funding rounds from investors including Matthew Bronfman. The company has 1 employees as of April 07, 2024. Next Century Spirits has completed 3 acquisitions, including Blue Chair Bay Rum, Southwest Spirits and XED Beverages. Next Century Spirits offers products and services including Spirits Brands and Private Label Services.
- Headquarter Raleigh, United States
- Employees 1 as on 07 Apr, 2024
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Next Century Spirits India Private Limited
- Date of Incorporation 27 Oct, 2020
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-59.01 K (USD)-50.67as on Mar 31, 2023
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EBITDA
$-56.71 K (USD)-54.71as on Mar 31, 2023
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Total Equity Funding
$9.63 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series C
Jul 16, 2020
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Investors
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Employee Count
1
as on Apr 07, 2024
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Investments & Acquisitions
Blue Chair Bay Rum
& 2 more
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Products & Services of Next Century Spirits
Next Century Spirits offers a comprehensive portfolio of products and services, including Spirits Brands and Private Label Services. 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.
Various spirits such as vodka, rum, whiskey, and gin are produced and distributed to address consumer preferences in the beverage industry
Private label, bulk spirits, and co-packing solutions are offered for categories including whiskey, vodka, and ready-to-drink products to facilitate business operations
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Funding Insights of Next Century Spirits
Next Century Spirits has successfully raised a total of $9.63M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $6 million completed in July 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 Total Funding
- Total Rounds 2
- Last Round Series C — $6.0M
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First Round
First Round
(19 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series C - Next Century Spirits | Valuation |
investors |
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| Oct, 2018 | Amount | Series A - Next Century Spirits | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Next Century Spirits
Next Century Spirits has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Matthew Bronfman. 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 |
|---|---|---|---|---|
|
MB
Matthew Bronfman |
Angel investor, Chairman of BHB Holdings, focused on tech and real estate
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Next Century Spirits
Next Century Spirits has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Blue Chair Bay Rum, Southwest Spirits and XED Beverages. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Distributor of cocktails
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2019 | ||||
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Multi-category distilled spirits are processed by the company.
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2016 | ||||
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Producer of Caribbean rum blends with natural ingredients
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Next Century Spirits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Next Century Spirits Comparisons
Competitors of Next Century Spirits
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Next Century Spirits
When was Next Century Spirits founded?
Next Century Spirits was founded in 2018.
Where is Next Century Spirits located?
Next Century Spirits is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Is Next Century Spirits a funded company?
Next Century Spirits is a funded company, having raised a total of $9.63M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.63M, raised on Oct 19, 2018.
How many employees does Next Century Spirits have?
As of Apr 07, 2024, the latest employee count at Next Century Spirits is 1.
What does Next Century Spirits do?
Next Century Spirits was established in 2018 in Raleigh, United States. Operations are centered on the production and supply of whiskey within the spirits industry. Manufacturing processes are conducted to create various whiskey products, which are then distributed to suppliers and markets. The company maintains its headquarters in Raleigh, with activities primarily focused on the United States region.
What products or services does Next Century Spirits offer?
Next Century Spirits offers Spirits Brands and Private Label Services.
How many acquisitions has Next Century Spirits made?
Next Century Spirits has made 3 acquisitions, including Blue Chair Bay Rum, Southwest Spirits, and XED Beverages.
Who are Next Century Spirits's investors?
Next Century Spirits has 1 investor. Key investors include Matthew Bronfman.