How Much Did Select Drink Raise?
Funding & Key Investors

Select Drink has solidified its position as a cornerstone of the St. Louis hospitality supply chain, securing a total capital infusion of $355K. This financial trajectory, punctuated by a recent strategic investment of $205K, underscores the firm's operational resilience and its capacity to scale within the competitive beverage and CO2 distribution landscape. By leveraging these debt-based financing instruments, the company has successfully fortified its balance sheet to support long-term infrastructure requirements.

What is Select Drink?

Select Drink
RetailGrocery RetailConvenience Stores, Gas Stations & Liquor Stores

Operating as the premier beverage and CO2 distributor in the St. Louis region, Select Drink serves as a critical logistics partner for a diverse portfolio of clients, including restaurants, bars, convenience stores, and large-scale event venues. The company distinguishes itself through a comprehensive service model that integrates high-quality product procurement with reliable, time-sensitive delivery systems. In an industry where supply chain consistency is paramount, Select Drink has established a defensible market position by ensuring that essential beverage components and carbonation supplies are delivered with precision, thereby enabling their clients to maintain seamless operational standards.

How much funding has Select Drink raised?

Select Drink has raised a total of $355K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$205K

Debt (2020): $150K with participation from PPP

Debt (2021): $205K led by PPP

Key Investors in Select Drink

PPP

Public-Private Partnership

What's next for Select Drink?

With the recent influx of capital, Select Drink is well-positioned to transition into a phase of aggressive operational optimization and regional expansion. The strategic deployment of these funds will likely focus on enhancing warehouse automation, upgrading fleet logistics to improve delivery efficiency, and potentially broadening their product catalog to capture a larger share of the regional hospitality market. As the company navigates this late-stage growth cycle, the focus will remain on maintaining service excellence while scaling its infrastructure to meet the evolving demands of the St. Louis beverage ecosystem. Future initiatives may also include the integration of advanced inventory management software to further streamline the supply chain for their extensive client base.

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Frequently Asked Questions Regarding Select Drink Financial Insights

What are the most recent funding rounds that Select Drink has completed, and what were the funding rounds?
Select Drink has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Select Drink has raised to date?
Select Drink has raised a total of $355K in funding to date.
How many funding rounds has Select Drink completed?
Select Drink has completed 2 funding rounds.
How much funding did Select Drink raise in its most recent funding round?
Select Drink raised $205K in its most recent funding round.
Who are the lead investors in Select Drink's latest funding round?
The lead investor in Select Drink'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 Select Drink's history?
The largest funding round in Select Drink's history was $205K.
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