DRIZLY, THE LIQUOR SHOPPING TECHNOLOGY COMPANY SECURES $13 MILLION


What does Drizly do?

Drizly, is a technology firm offering a superior shopping experience for liquor, beer, wine and other spirits. Billed as alcohol from your phone to home in about 30-60 minutes and has been live in about more than 15 countries. It provides a great selection from different stores across the country and makes it available to the customer all from the convenient platform of a desktop or a mobile.

The company says it has the prime selection of brands and a supremely content rich and personalized experience of shopping and providing them with joy of drinking to all the responsible legal age drinkers across the country.

Billed as the provider of great quality liquor and wines at no extra cost than what is advertised in the stores and with the added advantage of a speedy delivery is a boon for alcohol lovers.

How much Drizly was funded?

Drizly secured $13 million in Series A funding on the 18th May, 2015 from investors Suffolk Equity Partners, First Beverages Group, Polaris Group, and Fairhaven Capital Partners.

Previous Rounds of Funding:

$2.5 Million was raised from seed funding on the 21st May in the Year 2014 from investors Vaynor/RSE, Continental Investors and Suffolk Equity Partners.

Drizly raised another $2.3 million in the year 2014 in a round of seed funding from investors Pat Kinsell, Alex Doll, Atlas Venture, Walt Doyle, and Abundance Partners.

What is next for Drizly?

The company says its new approach has revolutionized the industry with eliminating the need to drive or walk to the store. It assures its proprietary technology that meets today’s strict law enforcement standards with its forensic ID verification systems that are much better than store standards.

More about Drizly:

Started in 2012 by Nick Rellas and Justin Robinson when they were disappointed that one can get everything delivered to home in an age of internet barring alcohol. So they started it and with its headquarters in Boston, Massachusetts it has grown leaps and bounds ever since and continues to do so.