# Saucey

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saucey

- Industry: Consumer Services
- Headquarters: Palo Alto, US
- Website: www.saucey.com
- Total disclosed funding: $9.9M
- Latest round: Series A (Jul 11, 2017)
- Investors on record: 6

## About

Saucey, Inc. is a technology-driven alcohol delivery service that provides customers with a broad selection of beverages, ensuring convenient access to liquor, wine, beer, and nicotine products delivered directly to their location.Founded in 2013 in Palo Alto, US, Saucey, Inc. offers a streamlined alcohol delivery service. The company was acquired by Pacific Consolidated Holdings Group, Inc. in October 2020. Chris Vaughn, the founder, has experience in the industry, enhancing Saucey’s market positioning. The company has raised a total of USD 5.40 mn across 4 Deals, with the most recent funding round being a Series A led by Bullpen Capital on 28 October 2020.Saucey offers a comprehensive alcohol delivery service featuring a variety of beverages, including spirits, wine, beer, and nicotine products. Customers can enjoy a user-friendly experience through Saucey’s mobile app and website, catering mainly to urban markets in regions like California, New York, and Illinois. Popular brands include White Claw Hard Seltzer and Tito's Handmade Vodka, aimed at adults of legal drinking age who require immediate access to alcoholic beverages for social events and gatherings.Saucey’s revenue model is based on direct-to-consumer sales through its app and website, where customers can purchase a wide range of alcoholic beverages without a subscription. Transactions typically involve individual or multipack purchases of popular items such as spirits, wines, and craft beers, which are delivered promptly to enhance the consumer experience. The company is exploring partnerships with local retailers to expand its offerings and streamline operations.Saucey plans to utilize its recent funding of USD 5.40 mn, raised in a Series A round, to support its expansion strategy. This includes designing and launching new products tailored to consumer demand and targeting additional urban markets for delivery services. The expansion will focus on areas where the demand for alcohol delivery is on the rise, aligning with the company's goal for robust service delivery. The acquisition by Pacific Consolidated Holdings Group, Inc. in October 2020 is expected to bolster Saucey’s capabilities in executing these growth strategies.

## Funding rounds

- Series A, Jul 11, 2017, $5.4M — Blumberg Capital, Bullpen Capital, Structure Capital, HashtagOne
- Seed, Sep 1, 2015, $4.5M — Blumberg Capital, Altpoint Capital, T5 Capital Management, Structure Capital

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Seed, Series A
- Altpoint Capital (https://capitalatlas.ai/funds/altpoint-capital) — Seed
- T5 Capital Management (https://capitalatlas.ai/funds/t5-capital-management) — Seed
- Structure Capital (https://capitalatlas.ai/funds/structure-capital) — Seed, Series A
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A
- HashtagOne — Series A