What is Ohza?
Founded in 2019 and headquartered in Cambridge, Massachusetts, Ohza offers a unique product that combines the bold flavor of a traditional mimosa with the low-calorie profile of a hard seltzer. This innovative approach positions Ohza to capture a growing segment of consumers seeking healthier yet flavorful alcoholic beverage options. The company's commitment to quality ingredients and distinctive taste has fueled its growth trajectory, making it a notable player in the CPG space.
How much funding has Ohza raised?
Ohza has raised a total of $4M across 1 funding round:
Unspecified
$4M
Unspecified (2021): $4M with participation from Riverside Ventures, Gordon Investments, CircleUp, and Branch Venture Group
Key Investors in Ohza
Gordon Investments
Gordon Investments is an investment firm that specializes in private businesses across various industries and stages, engaging in direct investments and fund seeding. Their diverse portfolio includes stakes in sectors like fintech and clean energy, positioning them as a versatile player in the investment landscape.
CircleUp
CircleUp is a financial technology company founded in 2011, specializing in consumer products and retail. Based in California, CircleUp focuses on providing financial solutions and investment opportunities within the consumer goods sector.
Branch Venture Group
Branch Venture Group is an angel network exclusively investing in food-related startups, providing funding and advice to early-stage companies in food and beverage CPG, foodtech, and agtech. They focus on entrepreneurs raising between $500K - $3MM and aim to lead early-stage investment activity in food in New England.
What's next for Ohza?
With this recent major strategic investment, Ohza is poised for accelerated growth. The company is expected to leverage this capital to enhance its production capabilities, broaden its distribution network, and further develop its product line. The strategic backing from investors signifies confidence in Ohza's business model and its potential to disrupt the sparkling wine and ready-to-drink cocktail market. Future expansion may include new flavor innovations and increased marketing efforts to solidify its brand presence.
See full Ohza company page