Latest round

Series C

Last raised

Sep 2021

Total raised

$105M

Investors

8

About Tiz

Based in Ilinois, US, and was founded in 2016 by founder Taylor Katzman, Tiz, Inc. operates Provi, a beverage e-commerce marketplace that distributes large volumes of liquors to bars, restaurants, and other alcohol retailers through its online portal platform. As of 2021, the company serving 10% of the US market's bars and restaurants. The company works with 85 percent of the top US distributors, including Breakthru Beverage and Empire Merchants, and has retail clients all across the country. Provi as of 2021 has more than 1 million orders sent, more than 10,000 sales representatives, over 4 million products ordered, and 1 platform. The company's marketplace allows establishments to purchase from many spirits, wine, and beer distributors at once on a consolidated platform, as well as providing order monitoring and analytics, allowing consumers to access a variety of craft spirits and alcohols online. The company expects to grow its B2B beverage marketplace to 25% of the market by the end of 2022. The company also expects that it will increase its revenue by 20x in 2022.

Who invested in Tiz

8 investors across 4 rounds

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Funding rounds

  1. Series C

    Sep 21, 2021

    Amount

    $75M

    Investors

    Locked

  2. Series B

    Feb 1, 2021

    Amount

    $25M

    Investors

    Locked

  3. Seed

    May 17, 2018

    Amount

    $3.5M

    Investors

    Locked

  4. Seed

    Dec 21, 2016

    Amount

    $1.4M

    Investors

    Locked

Questions about Tiz

Who invested in Tiz?

Tiz has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Tiz raised?

Tiz has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Tiz last raise money?

Tiz's most recent round on record is a Series C, in Sep 2021.

What does Tiz do?

Based in Ilinois, US, and was founded in 2016 by founder Taylor Katzman, Tiz, Inc.

Where is Tiz headquartered?

Tiz is headquartered in Chicago, US.

Which VCs invest in companies like Tiz?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Tiz's stage. Their profiles are linked below.

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