# Drink  Boxt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drink-boxt

- Industry: Consumer Products
- Headquarters: Austin, US
- Website: www.drinkboxt.com
- Latest round: Seed (Feb 1, 2020)
- Investors on record: 1

## About

Drink Boxt, LLC, based in Austin, Texas, specializes in providing innovative boxed wines, offering a sustainable alternative to traditional wine packaging since its founding in 2017.Drink Boxt, LLC operates in the boxed wine industry, focusing on ecological packaging solutions. The company was founded in Austin, Texas, by Sarah Puil, who has a history of entrepreneurial ventures. In October 2021, Drink Boxt raised USD 9.4 mn in a VENTURE DEBT funding round led by Next Coast Ventures, with additional investments from Silicon Valley Bank and Winery Exchange Inc.The core offerings of Drink Boxt include an innovative range of boxed wines designed for convenience and sustainability. These products address issues such as waste from glass bottles and wine freshness after opening, targeting casual drinkers, event planners, and eco-conscious consumers. Their distribution extends across urban centers and regions with a rising demand for premium boxed wine options, increasing accessibility.Drink Boxt employs a revenue model that incorporates direct-to-consumer sales and retail partnerships. Sales transactions primarily occur through online orders, offering a variety of boxed wine selections. The company has established pricing plans for individual and wholesale clients, including bulk options for events, supported by a distribution network to enhance market reach.Drink Boxt aims to launch new product lines within the next year, focusing on innovative flavors and environmentally friendly packaging. The company plans to expand its market presence into regions with growing interest in boxed wines, targeting specific urban areas by mid-2023. The recent funding of USD 9.4 mn will be utilized to support these initiatives, enhancing production capabilities and marketing efforts.

## Funding rounds

- Seed, Feb 1, 2020 — Next Coast Ventures

## Investors

- Next Coast Ventures (https://capitalatlas.ai/funds/next-coast-ventures) — Seed