Sydney's Most Successful Online Alcohol Delivery Company - First External Round

Sydney's Most Successful Online Alcohol Delivery Company - First External Round - Expansion Capital

Categories:	Securities, Established Companies
Sale Type:	Price on Application
Price Guide:	AUD $1.4M growth capital raise with a minimum of A$1.0M
Status:	Closed

Summary:

Founded in 2013 by pioneers of the Australian restaurant delivery segment, this fast-growing on-demand alcohol delivery company is experiencing rapid volume and revenue growth.

The Company is looking to ramp up and scale its business by geographical expansion and increased investment in marketing channels. Capitalising on its first mover advantage in the on-demand alcohol delivery segment, the Company will capture a growing share of the A$400M+ (forecast to grow to A$650M by 2022) Australian online alcohol sales market.

The minimum capital raising target of A$1.0M has been surpassed with commitments of A$1.2M. Final commitments are underway to reach A$1.4M.