How Much Did Choice Beverage Raise?
Funding & Key Investors

Choice Beverage has secured $10K in total financing, with its most recent funding round bringing in $10K. This capital infusion positions the company for its Series A/B growth stage, indicating a significant step in its expansion trajectory. The recent financing was characterized as moderate growth capital, suggesting a strategic deployment aimed at scaling operations and market reach.

What is Choice Beverage?

Choice Beverage
RetailConvenience Stores, Gas Stations & Liquor Stores

CHOICE BEVERAGE operates as a local alcohol store based in McKinney, Texas, specializing in a diverse selection of beer, wine, and spirits available for delivery. Boasting an inventory of over 1,200 items, the company emphasizes its knowledgeable staff and a unique product variety, including crafted spirits and premium craft beers. CHOICE BEVERAGE facilitates convenient online ordering with prompt same-day delivery to surrounding areas, aiming to enhance local celebrations and events by providing the necessary beverages for any occasion.

How much funding has Choice Beverage raised?

Choice Beverage has raised a total of $10K across 1 funding round:

2021

Debt

$10K

Debt (2021): $10K with participation from PPP

What's next for Choice Beverage?

With the recent injection of moderate growth capital, Choice Beverage is poised for significant scaling. The Series A/B growth stage funding suggests a strategic focus on expanding its delivery network, potentially increasing its product catalog, and enhancing its online ordering platform. This investment will likely fuel efforts to capture a larger market share within Texas and possibly explore adjacent markets, solidifying its position as a go-to source for alcoholic beverages.

See full Choice Beverage company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Automobile DealersRetailAutomotive Service & Collision RepairConsumer Services
Flowers, Gifts & Specialty StoresRetail
RetailSporting & Recreational Equipment Retail
Convenience Stores, Gas Stations & Liquor StoresRetail

Frequently Asked Questions Regarding Choice Beverage Financial Insights

What are the most recent funding rounds that Choice Beverage has completed, and what were the funding rounds?
Choice Beverage has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Choice Beverage has raised to date?
Choice Beverage has raised a total of $10K in funding to date.
How many funding rounds has Choice Beverage completed?
Choice Beverage has completed 1 funding rounds.
How much funding did Choice Beverage raise in its most recent funding round?
Choice Beverage raised $10K in its most recent funding round.
Who are the lead investors in Choice Beverage's latest funding round?
The lead investor in Choice Beverage's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Choice Beverage's history?
The largest funding round in Choice Beverage's history was $10K.
See more information about Choice Beverage