About SevenFifty
SevenFifty is a Retail company based in New York (United States) founded in 2011. It operates as an alcohol distributors and buyers are connected through an online platform. SevenFifty has raised $36.37 million across 3 funding rounds from investors including Level Equity, Formation 8 and Pritzker Group. The company has 44 employees. SevenFifty has completed 1 acquisition, including Bridge. Its website sevenfifty.com draws about 140 thousand monthly visits. SevenFifty offers products and services including Online Marketplace and SevenFifty Daily. Its focus areas include Food and Agriculture Tech, Online Grocery, B2B Ecommerce and Beverages. Its legal entity is SEVENFIFTY TECHNOLOGIES, INC. Its competitors include Provi, Storica Wines, Tealet, Enovation Brands and Vinasset and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
SevenFifty was founded in 2011 in New York, United States, as an online platform in the beverage alcohol sector. Distributors are enabled to list and manage product portfolios, while professional buyers such as restaurants and retailers are provided with search tools to discover wines, spirits, and beers across the market. Operations focus on facilitating trade networks among alcohol industry professionals.
- Headquarters New York, United States
- Employees 44
- SectorsRetail
- Website category Food and Drink · Beverages
- Email••••••••
- Website go.sevenfifty.com
- Social LinkedIn X Facebook
- Legal Name Sevenfifty Technologies, Inc.
- Total Equity Funding$36.37M (USD)
in 3 rounds
- Latest Funding Round$23M (USD), Series B
May 2021
- InvestorsLevel Equity
& 2 more
- Employee Count44
- Investments & Acquisitions
Products & Services of SevenFifty
SevenFifty offers a comprehensive portfolio of products and services, including Online Marketplace and SevenFifty Daily.
Platform for searching and ordering beverage alcohol products
Magazine covering business and culture of beverage alcohol
Funding Insights of SevenFifty
SevenFifty has successfully raised a total of $36.37M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in May 2021. 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 $36.37M
- Total Rounds 3
- Last Round Series B — $23M
- First Round $8.76M
(Mar 2016)
- Investors Count 3
All 3 funding rounds of SevenFifty with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $23M | Series B | – | Level Equity | – |
| Oct 2019 | $4.61M | Series A | – | – | – |
| Mar 2016 | $8.76M | Series A | – | Formation 8 |
3 investors in total: 3 institutional.
Investors in SevenFifty
SevenFifty has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Level Equity, Formation 8 and Pritzker Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Middle-market growth capital investments are targeted by Level Equity. | – | levelequity.com | New York, United States | |
VC Firm investing in the US | – | formation8.com | San Francisco, United States | |
Investments in SaaS, marketplace, and middle market companies are managed. | – | pritzkergroup.com | Chicago, United States |
Investor details for SevenFifty
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People of SevenFifty
13 people are tracked at SevenFifty (9 in leadership, 4 in team); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
Aaron Sherman | Co-Founder & CEO | Leadership |
Miki Hawkins | VP, Client Success | Leadership |
Jody Slone Siptalnik | VP, Partnerships | Leadership |
Hannah Begley | VP, Operations | Leadership |
Leslie Langan | Director of Product Marketing | Leadership |
Alex Steingart | CTO | Leadership |
Kimberly Chabot | Director, Client Implementations | Leadership |
Eric Zillier | Director of Product Content & Education | Leadership |
Janay Mitchell | Talent Partner | Leadership |
Courtney Schiessl Magrini | Executive Editor | Team |
Vivian Beltran | Digital Production Manager | Team |
Mikayla Davis | People Operations Coordinator | Team |
Yoram Heller | Advisor | Team |
Complete people profiles for SevenFifty
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Investments & Acquisitions by SevenFifty
SevenFifty has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bridge.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Software solutions for online liquor businesses are provided by Bridge. | joinbridge.com | Tampa, United States | 2018 | Jun 2020 | •••• |
Complete acquisition details for SevenFifty
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Timeline of SevenFifty
4 dated milestones of SevenFifty across 10 years, from founding to its latest funding, stage changes and deals.
- Founded SevenFifty is founded.
- Funding First funding round of $8.8M.
- Acquisition Acquires Bridge.
- Funding Latest funding round, Series B, of $23.0M.
Competitors of SevenFifty
SevenFifty has 8 listed competitors in our database, 4 of them funded. They include Provi, Storica Wines, Tealet, Enovation Brands and Vinasset, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| provi.com | 2015 | Chicago, United States | $140.11M | – | Provi is operated as a B2B alcohol marketplace for businesses. | |
| storicawines.com | 2018 | Boston, United States | – | – | Sells premium Armenian wines through online stores and retail channels. | |
| tealet.com | 2012 | Las Vegas, United States | $260,000 | – | Wholesale Tea Marketplace | |
| enovationbrands.com | 2013 | Aventura, United States | – | 23 | Multi-category alcoholic beverages are distributed through an e-platform. | |
| vinasset.com | 2011 | Sausalito, United States | $4.5M | – | Operates a marketplace for group buying targeted at wineries and vintners. | |
| mint-ventures.com | 2010 | Houston, United States | – | – | Operates as an online e-distributor specializing in alcoholic beverages. | |
| maverickbev.com | 2002 | Phoenix, United States | – | – | Distributor of wines and craft spirits | |
| cropify.io | 2019 | Adelaide, Australia | $2M | – | AI powered solutions for grain classification |
Detailed competitors of SevenFifty
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Web traffic of SevenFifty
The website of SevenFifty (sevenfifty.com) receives about 139.6K visits a month and ranks #267,672 among all websites worldwide, #9,061 in Beverages.
- Monthly visits139.6K
▲ 3.2% vs previous month
- Unique visitors38.1K
per month
- Global rank#267,672
among all websites
- Category rank#9,061
Food and Drink · Beverages
- Bounce rate45%
- Pages per visit3.3
- Average visit3 min 25 sec
- DevicesDesktop 60% · Mobile 40%
Websites whose visitors overlap most with SevenFifty. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| beveragemedia.com | 100% | – | – | View details | |
vinography.com | vinography.com | 91% | – | #1,272,601 | – |
| wine-searcher.com | 83% | 3.4M | #14,416 | View details | |
winebusiness.com | winebusiness.com | 83% | – | #159,107 | – |
| beveragedaily.com | 82% | – | #509,613 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SevenFifty
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- 40 similar websites
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Top companies in Food & Grocery Retail
10 companies that operate in the same segment as SevenFifty (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | USD 1.51 B | 17,595 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | – | 11,913 | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.35 B | USD 344.05 K | 40,578 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 25,408 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 11,488 |
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Related news about Sevenfifty
Complete news archive for SevenFifty
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Frequently Asked Questions about SevenFifty
SevenFifty was founded in 2011 and raised its 1st funding round 5 years after it was founded.
SevenFifty is headquartered in New York, United States. It is registered at New York, New York, United States.
SevenFifty is a funded company, having raised a total of $36.37M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.76M, raised on Mar 2016.
SevenFifty has 44 employees.
SevenFifty was founded in 2011 in New York, United States, as an online platform in the beverage alcohol sector. Distributors are enabled to list and manage product portfolios, while professional buyers such as restaurants and retailers are provided with search tools to discover wines, spirits, and beers across the market. Operations focus on facilitating trade networks among alcohol industry professionals.
SevenFifty's top competitors include Provi, Cropify and Maverick Beverage Company.
SevenFifty offers Online Marketplace and SevenFifty Daily.
SevenFifty has made 1 acquisition, including Bridge.
SevenFifty has 3 investors. Key investors include Level Equity, Formation 8, and Pritzker Group.
SevenFifty operates through Sevenfifty Technologies, Inc..
The website of SevenFifty receives about 140 thousand visits a month and ranks #267,672 among all websites worldwide.