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Description

Drizly is an alcohol e-commerce platform that facilitates the delivery of alcohol. Referred to by some as the "Amazon for liquor," Drizly lets users order a variety of beer, wine, and spirits directly from local retailers to their location through a mobile app or website.

History

Drizly was founded by Nick Rellas, Justin Robinson, and Spencer Frazier in 2012. The company launched its service in the greater Boston area in 2013, then expanded to New York, Los Angeles, and Chicago.

Drizly, which currently employs about 85 people in its Boston, New York, and Denver offices, is available in many U.S. Markets, and as of February 2016, has expanded to Edmonton and Calgary, Alberta, Canada through a partnership with Liquor Stores N.A. (LSNA).

As of January 2017, total venture capital funding for Drizly was about $18 million. Series A/B investors include Polaris Partners, Suffolk Equity Partners, Cava Capital, Fairhaven Capital Partners, and First Beverage Group. Angel investors include Walt Doyle, Lars Albright, Ty Danco, Fred Shilmover, Sean Grusd and Streetwise Media co-founder Chase Garbarino.

In July 2018, Drizly entered into a partnership with Anheuser-Busch to keep beer stocked in offices across the country. The partnership allows exclusive handling delivery to Anheuser-Busch's Office Bud-e fridges, which use smart sensors and WiFi connection to automatically re-order beer when stocks run low.

On February 2, 2021, Uber announced the company would purchase Drizly for $1.1 billion in cash and stock.

Rating GlobalNY.biz

Take place
general
№305
general
Take place
area
№33
In rating
Consumer goods
area

Company Persons

Chief Executive Officer of Drizly
1 place

Discussion

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Alena Potapova

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