About Saranac
Saranac is a company based in Utica (United States) founded in 1888 by Francis Xavier Matt. It operates as a B2C, and D2C. Saranac has completed 2 acquisitions, including Merican Mule and Ohza. Saranac offers products and services including Golden Pilsner, Hazy IPA, Hoppy Hour Heroes, Trail Blazer NA, and Superhero Shultz & Dooley. Saranac operates in a competitive market with competitors including BrewDog, Constellation Brands, Anheuser-Busch, Diageo and Anheuser-Busch Companies, among others.
- Headquarter Utica, United States
- Founders Francis Xavier Matt
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Sectors
ConsumerRetail
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Phone
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Social
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Annual Revenue
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Net Profit
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Investments & Acquisitions
Merican Mule
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Products & Services of Saranac
Saranac offers a comprehensive portfolio of products and services, including Golden Pilsner, Hazy IPA, Hoppy Hour Heroes, Trail Blazer NA, and Superhero Shultz & Dooley. 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.
Mid-strength pilsner beer for everyday enjoyment.
Hazy India Pale Ale with hoppy flavors.
Collection of IPAs for diverse tasting experiences.
Non-alcoholic IPA option for alcohol-free enjoyment.
Branded merchandise item for fans and collectors.
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Funding Insights of Saranac
| 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 |
Investments & Acquisitions by Saranac
Saranac has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Merican Mule and Ohza. 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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Alcoholic cocktail kits are sold online by Ohza.
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2019 | ||||
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Brand of cocktails
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2015 |
| 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 - Saranac
| 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 |
Saranac Comparisons
Competitors of Saranac
Saranac 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 BrewDog, Constellation Brands, Anheuser-Busch, Diageo and Anheuser-Busch Companies, 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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Brand of craft beer and brewery chain operator
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Multi-category alcoholic beverage company
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| domain | founded_year | HQ Location |
Beer is brewed and marketed globally by Anheuser-Busch.
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| domain | founded_year | HQ Location |
Multi-category alcoholic beverage company
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| domain | founded_year | HQ Location |
Beer production, marketing, and sales are managed globally.
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| domain | founded_year | HQ Location |
Alcoholic and non-alcoholic beverages are produced and distributed worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Saranac
Frequently Asked Questions about Saranac
When was Saranac founded?
Saranac was founded in 1888.
Where is Saranac located?
Saranac is headquartered in Utica, United States. It is registered at Utica, New York, United States.
What does Saranac do?
Saranac Brewery, based in Utica, New York, has been creating beverages for over 135 years under the Matt familys leadership. They produce a variety of craft beers like pilsners and IPAs, and offer brewery tours, events, and online merchandise sales. The company focuses on sustainability and delights customers through direct retail and event experiences, serving beer enthusiasts and visitors.
Who are the top competitors of Saranac?
Saranac's top competitors include BrewDog, Athletic Brewing and Diageo.
What products or services does Saranac offer?
Saranac offers Golden Pilsner, Hazy IPA, Hoppy Hour Heroes, Trail Blazer NA, and Superhero Shultz & Dooley.
How many acquisitions has Saranac made?
Saranac has made 2 acquisitions, including Merican Mule, and Ohza.