What is Minibar Delivery?
Founded in New York in 2014, Minibar Delivery operates as a leading independent marketplace for the on-demand delivery of wine, liquor, beer, and mixers. The company connects consumers with local liquor stores, offering an extensive product selection and a personalized shopping experience. Minibar Delivery has expanded its reach to serve over 150 cities across the U.S. for on-demand delivery and provides shipping services to more than 41 states, positioning itself as a key player in the direct-to-consumer beverage market.
How much funding has Minibar Delivery raised?
Minibar Delivery has raised a total of $7M across 3 funding rounds:
Angel/Seed
$1.8M
Series A
$5M
Debt
$150K
Angel/Seed (2014): $1.8M with participation from Winklevoss Capital, Jonathan Betz, Great Oaks Venture Capital, and Female Founders Fund
Series A (2017): $5M led by Winklevoss Capital, Corigin Ventures, LaunchCapital, Female Founders Fund, and RiverPark Ventures
Debt (2020): $150K supported by PPP
Key Investors in Minibar Delivery
Winklevoss Capital
Winklevoss Capital is dedicated to supporting determined entrepreneurs who are tackling challenging problems in critical domains such as crypto, space, energy, and biotech. The company provides guidance, relationships, and capital to innovators striving for a frictionless world and improved human experiences.
Corigin Ventures
Corigin is a privately held, leading real estate investment company based in New York City, focused on creating growth and value through insights and innovations in real estate and venture capital. The company specializes in various sectors including student housing, multifamily homes, luxury condos, lending, and special situations.
Female Founders Fund
Female Founders Fund is a seed stage venture fund dedicated to investing exclusively in female-founded companies across various sectors including e-commerce, media, and digital healthcare. The fund aims to empower exceptional female talent and disrupt the status quo in venture capital.
What's next for Minibar Delivery?
The recent major strategic investment signals a new phase of growth for Minibar Delivery, likely focused on scaling operations, enhancing its technological infrastructure, and potentially expanding its market penetration. Given the company's established presence and the nature of the recent financing, strategic partnerships and further market consolidation could be on the horizon. The company's trajectory suggests a continued emphasis on leveraging its marketplace model to capture a larger share of the growing e-commerce beverage sector.
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