About Next Glass
Next Glass is a company based in Wilmington (United States) founded in 2012.. Next Glass has raised $1.94 million across 4 funding rounds from investors including National Science Foundation, PSG Equity and IMAF Cape Fear. The company has 86 employees as of December 31, 2023. Next Glass has completed 5 acquisitions, including BeerAdvocate, Ekos Brewmaster and FermentAble. Next Glass offers products and services including Untappd, Untappd for Business, Ollie, Oznr, and BeerAdvocate. Next Glass operates in a competitive market with competitors including Distiller, BoozApp, Likelii, The Tasting Alliance and Drink Baijiu, among others.
- Headquarter Wilmington, United States
- Employees 86 as on 31 Dec, 2023
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Next Glass,Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.94 M (USD)
in 4 rounds
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Latest Funding Round
$256 K (USD), Grant
Aug 01, 2023
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Investors
National Science Foundation
& 2 more
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Employee Count
86
as on Dec 31, 2023
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Investments & Acquisitions
BeerAdvocate
& 4 more
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Products & Services of Next Glass
Next Glass offers a comprehensive portfolio of products and services, including Untappd, Untappd for Business, Ollie, Oznr, and BeerAdvocate. 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.
App for beverage search, discovery, and community ratings.
Digital solution for menu and customer engagement management.
Platform for craft beverage production and inventory tracking.
System for managing memberships and online sales for producers.
Forum for beer enthusiasts and industry discussions.
Resource for storytelling and trends in craft beverages.
Unlock access to complete
Funding Insights of Next Glass
Next Glass has successfully raised a total of $1.94M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $256 thousand completed in August 2023. 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 4
- Last Round Grant — $256,000
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First Round
First Round
(09 Jul 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Grant - Next Glass | Valuation |
investors |
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| Apr, 2020 | Amount | Series A - Next Glass | Valuation |
investors |
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| May, 2014 | Amount | Seed - Next Glass | Valuation |
investors |
| 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 Glass
Next Glass has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation, PSG Equity and IMAF Cape Fear. 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 |
|---|---|---|---|---|
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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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IMAF Cape Fear is operated as a seed stage angel capital fund.
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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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 Glass
Next Glass has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BeerAdvocate, Ekos Brewmaster and FermentAble. 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.
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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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Brewery management software is provided by Ollie for craft brewers.
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2019 | ||||
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Beer review and pub discovery platform
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2010 | ||||
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Brewery management software is provided for recipe and inventory tracking.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Next Glass
| 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 Glass Comparisons
Competitors of Next Glass
Next Glass 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 Distiller, BoozApp, Likelii, The Tasting Alliance and Drink Baijiu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Alcoholic beverages are listed and recommended online by Distiller.
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| domain | founded_year | HQ Location |
Beverage prices are compared across retailers on an online platform.
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| domain | founded_year | HQ Location |
Wine recommendation engine
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| domain | founded_year | HQ Location |
Provides an online platform with recommendations for alcoholic beverages.
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| domain | founded_year | HQ Location |
Offers articles, cocktails, events, and courses on Baijiu, a traditional Chinese spirit.
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| 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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Latest news on Next Glass
Frequently Asked Questions about Next Glass
When was Next Glass founded?
Next Glass was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Next Glass located?
Next Glass is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Is Next Glass a funded company?
Next Glass is a funded company, having raised a total of $1.94M across 4 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jul 09, 2013.
How many employees does Next Glass have?
As of Dec 31, 2023, the latest employee count at Next Glass is 86.
What does Next Glass do?
Next Glass was founded in 2012 and is based in Wilmington, United States. An app is operated to provide recommendations for beers and wines tailored to user preferences. Proprietary algorithms are employed to examine the chemical makeup of these beverages, with data on more than 22,000 compounds recorded. Matches are generated from current customer tastes in the beverage technology sector. The domain nextglass.co supports these operations.
Who are the top competitors of Next Glass?
What products or services does Next Glass offer?
Next Glass offers Untappd, Untappd for Business, Ollie, Oznr, and 2 more products and services.
How many acquisitions has Next Glass made?
Next Glass has made 5 acquisitions, including BeerAdvocate, Ekos Brewmaster, and FermentAble.
Who are Next Glass's investors?
Next Glass has 3 investors. Key investors include National Science Foundation, PSG Equity, and IMAF Cape Fear.