About SevenFifty
SevenFifty is a company based in New York (United States) founded in 2011. 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 as of December 31, 2022. SevenFifty has completed 1 acquisition, including Bridge. SevenFifty offers products and services including Online Marketplace and SevenFifty Daily. SevenFifty operates in a competitive market with competitors including Provi, Storica Wines, Tealet, Enovation Brands and Vinasset, among others.
- Headquarter New York, United States
- Employees 44 as on 31 Dec, 2022
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Sevenfifty Technologies, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$36.37 M (USD)
in 3 rounds
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Latest Funding Round
$23 M (USD), Series B
May 11, 2021
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Investors
Level Equity
& 2 more
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Employee Count
44
as on Dec 31, 2022
- Investments & Acquisitions
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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
People of SevenFifty
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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.
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 |
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Middle-market growth capital investments are targeted by Level Equity.
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VC Firm investing in the US
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Investments in SaaS, marketplace, and middle market companies are managed.
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Investor details 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.
Investment portfolio details for SevenFifty
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software solutions for online liquor businesses are provided by Bridge.
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Complete acquisition details for SevenFifty
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Financial Statements - SevenFifty
Detailed financials for SevenFifty
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Sevenfifty Comparisons
Peer comparison for SevenFifty
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Competitors of SevenFifty
SevenFifty 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 Provi, Storica Wines, Tealet, Enovation Brands and Vinasset, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provi is operated as a B2B alcohol marketplace for businesses.
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Sells premium Armenian wines through online stores and retail channels.
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Wholesale Tea Marketplace
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Multi-category alcoholic beverages are distributed through an e-platform.
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Operates a marketplace for group buying targeted at wineries and vintners.
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Detailed competitors of SevenFifty
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Latest news on 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.
As of Dec 31, 2022, the latest employee count at SevenFifty is 44.
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.