# AVEC DRINKS CO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avec-drinks

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.avecdrinks.com
- Latest round: Seed (Mar 1, 2021)
- Investors on record: 1

## About

AVEC DRINKS CO is a beverage company specializing in crafting non-alcoholic mixers that enhance cocktail enjoyment. Their products focus on quality ingredients and sophisticated flavors, catering to both mixologists and casual drinkers.Founded in 2020, AVEC DRINKS CO is based in New York, US, and operates as an independent entity without any known parent or subsidiary companies. The company was co-founded by Alexander Doman and Denetrias Charlemagne, with Doman serving as CEO. The firm has engaged in 2 funding deals, with the latest round occurring on October 14, 2021, where they raised USD 1.2 mn led by Gather Ventures, with participation from Amplifyher Ventures, Gaingels, and SKU’d Ventures. The total amount raised by the company stands at USD 1.2 mn.AVEC DRINKS CO specializes in a unique range of non-alcoholic mixers designed to enhance the cocktail experience. Their product lineup includes sophisticated flavor combinations made from quality ingredients, aimed at both professional mixologists and casual consumers. The company targets a diverse clientele in the North American and European markets, focusing on industries that prioritize premium beverage options.The company's revenue model is primarily based on a subscription service, offering clients access to their mixers through various pricing tiers. Transactions typically occur on an annual or monthly basis, providing flexibility for their customers. Each subscription includes support and maintenance services to ensure clients derive maximum value from their products. Additionally, the company collaborates with industry partners to enhance its market reach, presenting structured pricing plans that accommodate a range of budgets.AVEC DRINKS CO plans to utilize the USD 1.2 mn raised in October 2021 to expand its distribution network across the East Coast, enhance its direct-to-consumer (DTC) business, and drive product innovation. The company is strategically looking to enter new markets, with specific focus on expanding regions in the North American market by the end of 2022. This funding will also support the establishment of strategic partnerships to further bolster its market presence.

## Funding rounds

- Seed, Mar 1, 2021 — XRC Labs

## Investors

- XRC Labs — Seed