Company Research Report: DRINKS
Company Overview
Name, Mission of the Company
- Company Name: DRINKS
- Mission: Power digital commerce for the $250B+ US alcohol market.
When Was the Company Founded and By Whom
- Founded: 2013
- Founders: No information is available.
Key People in the Company
- Zac Brandenberg: Chief Executive Officer
- Kelly Martin: Chief Compliance Officer & Head of Enterprise
- Brandon Amoroso: President, Electriq
- Justin Dean: Chief Technology Officer
- Matt Wolf: Chief Financial Officer
- Barry Collier: Head of R&D
Where Is the Company Headquartered
- Headquarters: No information is available.
Number of Employees
- Employees: 120 (Fully remote)
Revenue of the Company
- Revenue: No information is available.
What is the Company Known For
- Known For: Enabling alcohol e-commerce for leading retailers, brands, marketplaces, and wineries, and innovation in the regulated alcohol beverage space.
Products
List of Products
1. DRINKS App on Shopify
2. WaaS® (Wine as a Service)
3. Electriq
4. DRINKS PAIR
Product Descriptions and Key Features
DRINKS App on Shopify
- Description: Real-time tax and compliance solution for wineries and alcohol retailers, integrated into the Shopify checkout.
- Key Features:
- Real-time tax calculations
- Compliance with state regulations
- Seamless integration with Shopify
WaaS® (Wine as a Service)
- Description: Enables licensed and unlicensed businesses to sell beverage alcohol directly to customers.
- Key Features:
- White-label offering
- Dedicated account management
- Expert wine sourcing
- Access to professional services
Electriq
- Description: Digital growth marketing agency focused on driving revenue for businesses in the beverage alcohol space and beyond.
- Key Features:
- Migration and integration services
- Marketing strategies and execution
- Certified partnerships (Shopify Plus, Klaviyo Elite)
DRINKS PAIR
- Description: Predictive AI Retailing technology that uses AI to improve online alcohol sales.
- Key Features:
- AI label generator
- On-site product recommendations
- Data and analytics tools
Recent Developments
Recent Developments in the Company
1. 2022: Acquisition of Electriq, a leading Shopify Plus Certified Agency, to enhance professional services and drive client growth.
2. 2022: Partnership with Shopify to embed DRINKS' tax and compliance solution into Shopify's check-out process.
3. 2021: Partnership with Fortune 500 clients like Sam's Club and Macy's to tap into the online alcohol market.
New Products Launched
- Electriq: Acquired as part of DRINKS' strategy to extend professional services.
New Features Added to Existing Products
- No specific new features were outlined for existing products.
Any New Partnerships
- DRINKS x Shopify: Partnership for integrating proprietary tax and compliance solutions.
These entries constitute a comprehensive market research report on DRINKS based on the available data. The report covers the company's mission, key figures, product offerings, and recent strategic moves to provide a clear picture of its market position and capabilities.