About Tropics Beverages
Tropics Beverages is a company based in Chicago (United States) founded in 2012 was acquired by Bevolution Group in November 2015.. Tropics Beverages offers products and services including Frosé Beverage Mix, Cocktail Mixers, and Frozen Beverages. Tropics Beverages operates in a competitive market with competitors including DIRTY LEMON, hiyo, Once Upon a Farm, Agua Bonita and Mela Water, among others.
- Headquarter Chicago, United States
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Sectors
Consumer
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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 Bevolution Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Bevolution Group
(Nov 02, 2015)
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Products & Services of Tropics Beverages
Tropics Beverages offers a comprehensive portfolio of products and services, including Frosé Beverage Mix, Cocktail Mixers, and Frozen Beverages. 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.
Mix for creating strawberry-peach frozen cocktails for summer menus.
Various mixers for classic and modern cocktails with clean labels.
Shelf-stable and frozen options for easy drink preparation.
Funding Insights of Tropics Beverages
| 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 |
Investors in Tropics Beverages
Tropics Beverages has secured backing from 1 investor. Prominent investors backing the company include Sunny Sky Products. 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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Nutritional beverages are manufactured and marketed by Bevolution Group.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tropics Beverages
| 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 - Tropics Beverages
| 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 |
Tropics Beverages Comparisons
Competitors of Tropics Beverages
Tropics Beverages 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 DIRTY LEMON, hiyo, Once Upon a Farm, Agua Bonita and Mela Water, 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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| domain | founded_year | HQ Location |
A brand specializing in high-quality lemon juice products.
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| domain | founded_year | HQ Location |
Non-alcoholic functional seltzers with adaptogens, nootropics, and botanicals are manufactured.
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| domain | founded_year | HQ Location |
An internet-first brand of juices is operated from Berkeley.
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| domain | founded_year | HQ Location |
Internet-first brand offering cold-pressed ready-to-drink juice
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| domain | founded_year | HQ Location |
Brand offering watermelon water
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| domain | founded_year | HQ Location |
Organic and cold-pressed juices and functional shots are provided nationwide.
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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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Frequently Asked Questions about Tropics Beverages
When was Tropics Beverages founded?
Tropics Beverages was founded in 2012.
Where is Tropics Beverages located?
Tropics Beverages is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Tropics Beverages do?
Tropics Beverages was founded in 2012 and is based in Chicago, United States. Operations are centered on the beverage sector, with a focus on internet-first distribution of cold-pressed juices. Products are prepared through cold-pressing methods and sold primarily online, targeting health-conscious consumers. The companys domain, tropics-beverages.com, supports direct-to-consumer sales and e-commerce activities across the United States.
Who are the top competitors of Tropics Beverages?
Tropics Beverages's top competitors include Mela Water, hiyo and Suja Life.
What products or services does Tropics Beverages offer?
Tropics Beverages offers Frosé Beverage Mix, Cocktail Mixers, and Frozen Beverages.
Who are Tropics Beverages's investors?
Tropics Beverages has 1 investor. Key investors include Sunny Sky Products.