About Thirstie
Thirstie is a company based in New York (United States) founded in 2013 was acquired by Cocktail Courier in June 2024.. Thirstie has raised $12.1 million across 4 funding rounds from investors including Joseph J. Plumeri, Brian Finn and Lewis Frankfort. Thirstie has completed 1 acquisition, including DrinkFly. Thirstie offers products and services including E-commerce Platform and Gift Cards. Thirstie operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter New York, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.1 M (USD)
in 4 rounds
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Latest Funding Round
$7 M (USD), Series A
Mar 27, 2019
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Investors
Czar Capital
& 11 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Cocktail Courier
(Jun 24, 2024)
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Products & Services of Thirstie
Thirstie offers a comprehensive portfolio of products and services, including E-commerce Platform and Gift Cards. 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.
Platform for alcohol brands to create and manage digital storefronts
Branded gift cards for driving online retail revenue
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Funding Insights of Thirstie
Thirstie has successfully raised a total of $12.1M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in March 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 4
- Last Round Series A — $7.0M
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First Round
First Round
(19 Mar 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series A - Thirstie | Valuation |
investors |
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| Feb, 2018 | Amount | Series A - Thirstie | Valuation | Czar Capital , Balcorp | |
| Aug, 2016 | Amount | Seed - Thirstie | 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 Thirstie
Thirstie has secured backing from 12 investors, including angel and institutional investors. Prominent investors backing the company include Joseph J. Plumeri, Brian Finn and Lewis Frankfort. 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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Legal and business services are offered to clients.
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Founded Year | Domain | Location | |
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Balcorp is engaged in international trade and business development services.
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Founded Year | Domain | Location | |
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Venture capital firm backed by REAPRA
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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 Thirstie
Thirstie has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DrinkFly. 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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Multi-category alcohol products are retailed online by DrinkFly.
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2014 |
| 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 - Thirstie
| 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 |
Thirstie Comparisons
Competitors of Thirstie
Thirstie 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 Shopify, Squarespace, Weebly, Webs and Nuvemshop, 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 |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Customized websites, blogs, and online stores are created using Jimdo.
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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 Thirstie
Frequently Asked Questions about Thirstie
When was Thirstie founded?
Thirstie was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Thirstie located?
Thirstie is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Thirstie a funded company?
Thirstie is a funded company, having raised a total of $12.1M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Mar 19, 2015.
What does Thirstie do?
Thirstie was founded in 2013 and is based in New York, United States. Operations focus on the e-commerce sector within the alcoholic beverage industry. E-commerce websites are integrated, orders are managed, and inventory is aligned with product catalogs to establish online stores. An integrated CMO dashboard is included, while analytics are applied to monitor customer behaviors and preferences across the platform.
Who are the top competitors of Thirstie?
Thirstie's top competitors include Shopify, Squarespace and Weebly.
What products or services does Thirstie offer?
Thirstie offers E-commerce Platform and Gift Cards.
How many acquisitions has Thirstie made?
Thirstie has made 1 acquisition, including DrinkFly.
Who are Thirstie's investors?
Thirstie has 12 investors. Key investors include Joseph J. Plumeri, Brian Finn, Lewis Frankfort, Richard Kirshenbaum, and Czar Capital.