About Ritual Zero Proof
Ritual Zero Proof is a company based in Chicago (United States) founded in 2019 by David Crooch and G G Sakey was acquired by Distill Ventures in September 2024.. Ritual Zero Proof offers products and services including Tequila Alternative, Rum Alternative, Gin Alternative, Whiskey Alternative, and Aperitif Alternative. Ritual Zero Proof operates in a competitive market with competitors including Root Beer, Gruvi, The Florida Brewery, bonbuz and Woodland Farms Brewery, among others.
- Headquarter Chicago, United States
- Founders David Crooch, G G Sakey
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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
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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
Employee Count
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Acquired by
Distill Ventures
(Sep 25, 2024)
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Products & Services of Ritual Zero Proof
Ritual Zero Proof offers a comprehensive portfolio of products and services, including Tequila Alternative, Rum Alternative, Gin Alternative, Whiskey Alternative, and Aperitif Alternative. 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.
Non-alcoholic substitute for tequila in various cocktails
Non-alcoholic replacement for rum in mixed drinks
Non-alcoholic option for gin-based beverages
Non-alcoholic stand-in for whiskey in recipes
Non-alcoholic version for aperitif-style drinks
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Leadership Team
1 people
Sales and Marketing
1 people
Market Team
1 people
Finance and Accounting
1 people
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Funding Insights of Ritual Zero Proof
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Seed - Ritual Zero Proof | Valuation | Distill Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Ritual Zero Proof
Ritual Zero Proof has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Distill Ventures. 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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Funding and support are provided for startup drinks brands.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Ritual Zero Proof
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ritual Zero Proof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ritual Zero Proof Comparisons
Competitors of Ritual Zero Proof
Ritual Zero Proof 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 Root Beer, Gruvi, The Florida Brewery, bonbuz and Woodland Farms Brewery, 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 |
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| domain | founded_year | HQ Location |
Brand of soft drinks, root beer, and beverage products
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Non-alcoholic craft beers and wines are manufactured and distributed.
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Produces beer and Malta, provides contract brewing, co-packing, and bottling services.
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Alcohol-free wines are produced and marketed by Bonbuz.
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| domain | founded_year | HQ Location |
Crafts non-alcoholic beer and craft brews for online sales, wholesale, and community support.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Ritual Zero Proof
Frequently Asked Questions about Ritual Zero Proof
When was Ritual Zero Proof founded?
Ritual Zero Proof was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Ritual Zero Proof located?
Ritual Zero Proof is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Ritual Zero Proof do?
Ritual Zero Proof was founded in 2019 in Chicago, United States, by co-founders David Crooch and G G Sakey. The company operates in the non-alcoholic beverage sector, where spirits-free liquors are developed and distributed as alternatives to traditional alcoholic drinks. Products are marketed through the domain ritualzeroproof.com, focusing on flavor profiles that mimic classic spirits without alcohol content. Operations emphasize production and sales in the United States market.
Who are the top competitors of Ritual Zero Proof?
What products or services does Ritual Zero Proof offer?
Ritual Zero Proof offers Tequila Alternative, Rum Alternative, Gin Alternative, Whiskey Alternative, and Aperitif Alternative.
Who are Ritual Zero Proof's investors?
Ritual Zero Proof has 1 investor. Key investors include Distill Ventures.