How Much Did Select Drink Raise?
Funding & Key Investors

Select Drink, a prominent beverage and CO2 distributor based in St. Louis, has secured significant capital, with total funding reaching $355K. The company recently announced a major strategic investment of $205K, underscoring its robust growth trajectory and market position in the regional beverage industry. This latest financing round signifies a critical juncture for Select Drink as it aims to further expand its operational capabilities and service offerings.

What is Select Drink?

Select Drink
RetailGrocery RetailConvenience Stores, Gas Stations & Liquor Stores

Select Drink operates as St. Louis's premier provider of beverages and CO2, catering to a diverse clientele that includes restaurants, bars, convenience stores, and various hospitality venues. The company distinguishes itself through a commitment to delivering high-quality products and comprehensive beverage services tailored to the dynamic needs of the regional market. Its strategic focus on operational excellence and customer satisfaction positions it as a key player in the local beverage distribution landscape.

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

PPP

Public-Private Partnership

What's next for Select Drink?

The substantial capital infusion, particularly the recent strategic investment, signals Select Drink's readiness for an accelerated growth phase. This late-stage funding is likely to be deployed towards enhancing distribution networks, expanding product lines, and potentially exploring new market territories. The company's established presence and focus on quality suggest a strategic expansion aimed at solidifying its leadership in the beverage distribution sector and capitalizing on emerging market opportunities.

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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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