Drizly pours on the competition for retailers

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Drizly pours on the competition for retailers

By Louisa Hallett - 06/22/2018
Through institutional investors and its Board of Directors, Boston-based startup Drizly has raised over $35 million to date.

Drizly is leveraging Americans’ desires to kick back and order their drinks online into explosive growth.

The online adult beverage retailer announced it is now available in more than 100 markets across North America, after entering over 40 markets just this past year.

The largest alcohol e-commerce marketplace offers easy on-demand delivery, in-store pick-up, and intrastate shopping. It also has partnerships with local retailers in over 100 cities across the states, including New York City, Chicago, Los Angeles and Miami.

Through institutional investors and its Board of Directors, Boston-based startup Drizly has raised over $35 million to date.

“Reaching over 100 cities is a big moment for us as a company, but more than anything, it is proof of concept,” said CEO and co-founder Nick Rellas. ”Our platform is succeeding because it is helping everyone win, consumers who are getting the best selection, price transparency and convenience, retailers who are earning incremental business, and suppliers who have access to data and insight that didn’t exist before Drizly came along.”

Drizly is planning for even more growth by preparing to add new team members in all regional offices, expanding into additional markets and partnering with new retailers in existing markets over the next year. “And as we say around here, it’s just the beginning,” Rellas said.

The Drizly platform can be accessed via Drizly.com and the Drizly app, available in the apple App Store and Google Play, which provides consumers the capability to review inventories from multiple local retailers in each market and to be delivered to the consumer’s home in under 60 minutes.

The app also offers inspiration to consumers by incorporating cocktail recipes, pro tips, popular adult beverage trends, and advice on popular alcohol options selected by local experts.

 

 

 

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