About TapRm
TapRm is a company based in Brooklyn (United States) founded in 2017.. TapRm has raised $1.95 million across 3 funding rounds from investors including Branded Strategic Hospitality, The Broe Group and VU Venture Partners. The company has 21 employees as of May 31, 2021. TapRm operates in a competitive market with competitors including Drizly, ReserveBar, Minibar Delivery, Vroom Delivery and Bevz, among others.
- Headquarter Brooklyn, United States
- Employees 21 as on 31 May, 2021
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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
*********
- Legal Name Jb-Ny Distributors, Inc.
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Annual Revenue
$4.76 M698as on May 03, 2021
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Net Profit
$-2.8 M-445as on May 03, 2021
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EBITDA
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Total Equity Funding
$1.95 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Nov 27, 2019
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Investors
Branded Strategic Hospitality
& 2 more
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Employee Count
21
as on May 31, 2021
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Software Development Team
3 people
Sales and Marketing
1 people
Frontend Team
1 people
Leadership Team
1 people
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Funding Insights of TapRm
TapRm has successfully raised a total of $1.95M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in November 2019. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $1.5M
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First Round
First Round
(29 Feb 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - TapRm | Valuation | The Broe Group | |
| Aug, 2016 | Amount | Seed - TapRm | Valuation |
investors |
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| Feb, 2016 | Amount | Seed - TapRm | Valuation |
investors |
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| 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 TapRm
TapRm has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Branded Strategic Hospitality, The Broe Group and VU Venture Partners. 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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Founded Year | Domain | Location | |
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Seed-stage venture capital is provided across multiple sectors.
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Founded Year | Domain | Location | |
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Angel investments are directed toward tech and hospitality sectors.
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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 TapRm
| 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 - TapRm
| 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 |
Taprm Comparisons
Competitors of TapRm
TapRm 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 Drizly, ReserveBar, Minibar Delivery, Vroom Delivery and Bevz, 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 |
On-demand alcohol delivery is enabled via a mobile application.
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| domain | founded_year | HQ Location |
Premium alcohol products are sold via an online platform.
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| domain | founded_year | HQ Location |
Mobile-first On-Demand Alcohol Delivery
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| domain | founded_year | HQ Location |
Online platform to order alcoholic beverages from partnered liquor stores and restaurants
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| domain | founded_year | HQ Location |
Alcoholic beverages are retailed online by Bevz.
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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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Latest news on Taprm
Frequently Asked Questions about TapRm
When was TapRm founded?
TapRm was founded in 2017.
Where is TapRm located?
TapRm is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is TapRm a funded company?
TapRm is a funded company, having raised a total of $1.95M across 3 funding rounds to date. The company's 1st funding round was a Seed of $83.13K, raised on Feb 29, 2016.
How many employees does TapRm have?
As of May 31, 2021, the latest employee count at TapRm is 21.
What is the annual revenue of TapRm?
Annual revenue of TapRm is $4.76M as on May 03, 2021.
What does TapRm do?
TapRm was founded in 2017 in Brooklyn, United States, as a provider of craft beer delivery solutions. Operations focus on the beverage sector, where various brands of craft beers are sourced and delivered to customers. Shipments are completed within 1 to 3 days, and free delivery is offered for orders exceeding 100 dollars. The service operates primarily through its online domain, taprm.com.
Who are the top competitors of TapRm?
TapRm's top competitors include Drizly, Vroom Delivery and Minibar Delivery.
Who are TapRm's investors?
TapRm has 3 investors. Key investors include Branded Strategic Hospitality, The Broe Group, and VU Venture Partners.