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Finance

Is Drizly a Publicly-Traded Company Amid the Uber Acquisition?

Drizly was founded in 2012 by Nick Rellas, Justin Robinson, and Spencer Frazier. The company allows users to order alcohol directly and get it delivered from local liquor retailers through a mobile app or website. Initially, the service launched in the greater Boston area before expanding to Los Angeles, New York, and Chicago.

Drizly has raised about $120 million in funding over nine rounds. The company’s latest raise was a $50 million Series C round led by Avenir Growth Capital in August 2020. Series A/B investors include Polaris Partners, Cava Capital, Fairhaven Capital Partners, Suffolk Equity Partners, and First Beverage Group. Angel investors include Lars Albright, Ty Danco, Walt Doyle, and Fred Shilmover.

View more information: https://marketrealist.com/p/is-drizly-publicly-traded/

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