About WEBB BANKS
WEBB BANKS is a company based in Miami (United States) founded in 2007 by Mercedes Velasco and Andy Consuegra was acquired by Southern Glazer’s in March 2023.. WEBB BANKS offers products and services including Wine and Spirits Distribution, Shop Proof, Key Account Sales, and Logistics Management.
- Headquarter Miami, United States
- Founders Mercedes Velasco, Andy Consuegra
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Southern Glazer's Wine And Spirits, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Southern Glazer’s
(Mar 15, 2023)
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Products & Services of WEBB BANKS
WEBB BANKS offers a comprehensive portfolio of products and services, including Wine and Spirits Distribution, Shop Proof, Key Account Sales, and Logistics Management. 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.
Manages supply and sales of premium beverages to retailers worldwide
Online platform for purchasing branded wine and spirits products
Handles strategic account management for wine and spirits distribution
Oversees inventory and order processing for global beverage exports
Funding Insights of WEBB BANKS
| 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 WEBB BANKS
WEBB BANKS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Southern Glazer's. 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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Southern Glazer's is engaged in distributing premium wine and spirits.
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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 WEBB BANKS
| 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 - WEBB BANKS
| 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 |
Webb Banks Comparisons
Competitors of WEBB BANKS
| 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 Webb Banks
Frequently Asked Questions about WEBB BANKS
When was WEBB BANKS founded?
WEBB BANKS was founded in 2007.
Where is WEBB BANKS located?
WEBB BANKS is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of WEBB BANKS?
Andy Consuegra is the current CEO of WEBB BANKS. They have also founded this company.
What does WEBB BANKS do?
WEBB BANKS was established in 2007 in Miami, United States, as a retailer specializing in alcoholic beverages. Operations are centered on the distribution and sale of various alcohol products through retail channels. The company was co-founded by Mercedes Velasco and Andy Consuegra, with Consuegra serving as CEO. Its online presence is maintained via the domain webbbanks.com, supporting regional market activities in the beverage sector.
What products or services does WEBB BANKS offer?
WEBB BANKS offers Wine and Spirits Distribution, Shop Proof, Key Account Sales, and Logistics Management.
Who are WEBB BANKS's investors?
WEBB BANKS has 1 investor. Key investors include Southern Glazer's.