16 fundings; $400M+ invested in NYC startups in the past week. NYC Tech News for the week ending 5/8 featuring news for Gilgamesh, Timescale, Underdog Fantasy, and much, much more.
The pandemic has driven fundamental shifts in the business of alcoholic beverages as well as domestic behaviors within the home. With strict at-home orders, Americans began bringing more and more alcohol into their homes to combat stress in some cases and boredom in others; interest in at-home cocktail making rose sharply. Owen’s Craft Mixers is a premium mixer brand that offers an array of flavors and mixes to allow consumers to make the perfect cocktail from the comfort of their home. The mixers are available in 14,000 physical stores including Public, Kroger, and CVS, and online through the company’s website and Instacart. Owen’s Craft Mixers are also available at bars and restaurants, sports venues, and golf courses. This omnichannel strategy led to a 378% increase in sales year-to-date as compared to 2020. Alleywatch caught up with Cofounder and President Joshua Miller to learn more about the company’s impressive traction, future plans, latest round of funding from investors that include Levy Family Partners, Mario Lemieux, Maas Family Office, Lee Brice, Darius Rucker, and Ryan Hurd.
Over $200M in funding for the day across 7 deals. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/4/2021 featuring funding details for VAST Data, Headway, and much more.