About NUVO
NUVO is a company based in Manhasset (United States) founded in 2007 was acquired by Lucas Bols in June 2023. It operates as a Direct-to-Consumer (D2C). The company has 5 employees as of December 31, 2019. NUVO offers products and services including Nuvo Sparkling Liqueur. NUVO operates in a competitive market with competitors including Constellation Brands, Diageo, Brown-Forman, Q Mixers and Heaven Hill Brands, among others.
- Headquarter Manhasset, United States
- Employees 5 as on 31 Dec, 2019
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lucas Bols Usa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
5
as on Dec 31, 2019
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Acquired by
Lucas Bols
(Jun 30, 2023)
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Products & Services of NUVO
NUVO offers a comprehensive portfolio of products and services, including Nuvo Sparkling Liqueur. 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.
A sparkling liqueur with 15% ABV is offered.
Funding Insights of NUVO
| 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 NUVO
NUVO has secured backing from 1 investor. Prominent investors backing the company include Lucas Bols. 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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Distilled spirits have been processed by Lucas Bols since 1575.
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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 NUVO
| 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 |
Financial Statements - NUVO
| 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 |
Nuvo Comparisons
Competitors of NUVO
NUVO 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 Constellation Brands, Diageo, Brown-Forman, Q Mixers and Heaven Hill Brands, 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 |
Multi-category alcoholic beverage company
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| domain | founded_year | HQ Location |
Multi-category alcoholic beverage company
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| domain | founded_year | HQ Location |
Alcoholic beverages are manufactured and marketed worldwide by Brown-Forman.
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| domain | founded_year | HQ Location |
Brand of alcoholic beverages
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| domain | founded_year | HQ Location |
Multiple spirits categories are manufactured and marketed.
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| domain | founded_year | HQ Location |
Wines and spirits are branded and marketed by BAXUS.
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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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Frequently Asked Questions about NUVO
When was NUVO founded?
NUVO was founded in 2007.
Where is NUVO located?
NUVO is headquartered in Manhasset, United States. It is registered at Manhasset, New York, United States.
How many employees does NUVO have?
As of Dec 31, 2019, the latest employee count at NUVO is 5.
What does NUVO do?
NUVO is known for producing sparkling liqueur with a distinct flavor profile. The product is distributed in the beverage sector, focusing on alcoholic beverages. It is imported by Lucas Bols USA and marketed through various channels including online shops. Solutions are provided for consumers seeking premium liqueur experiences.
Who are the top competitors of NUVO?
NUVO's top competitors include Diageo, Brown-Forman and Constellation Brands.
What products or services does NUVO offer?
NUVO offers Nuvo Sparkling Liqueur.
Who are NUVO's investors?
NUVO has 1 investor. Key investors include Lucas Bols.
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