Loverboy

Loverboy

Low-sugar sparkling hard teas and cocktails

Overview

Loverboy makes ready-to-drink alcoholic beverages, focusing on sparkling hard teas and premium craft cocktails sold direct-to-consumer. Its lineup includes flavored hard teas and spritzes, plus branded merch sold on its website. The drinks are low in sugar and calories to appeal to health-conscious consumers, while delivering typical RTD alcohol content and carbonation. The company differentiates itself with a direct-to-consumer, lifestyle-brand approach that combines beverage options with branded merchandise and a health-focused positioning, aiming to grow a nationwide DTC brand and expand flavors and distribution.

About Loverboy

Simplify's Rating
Why Loverboy is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Consumer Goods

Company Size

51-200

Company Stage

Early VC

Total Funding

$3.5M

Headquarters

New York City, New York

Founded

2018

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Simplify's Take

What believers are saying

  • IHOP partnership launches $6 weekday menu, boosting casual dining visibility.
  • Chip City collab creates Espresso Martini cookie for food pairings.
  • Spritz Variety Pack and Aminolean Peach Bellini expand flavor and functional lines.

What critics are saying

  • 80s band Loverboy's June 7 'Live in '82' release diverts 70-90% searches in 3-6 months.
  • June Shakespear's High Noon hard teas undercut with lower prices in 6-12 months.
  • Kyle Cooke's Summer House scandals trigger DTC boycott in 12-24 months.

What makes Loverboy unique

  • Loverboy offers sparkling hard teas with 0 added sugar and 90-100 calories.
  • Premium craft cocktails target health-conscious consumers via DTC e-commerce.
  • Gluten-free beverages founded by Kyle Cooke in 2018 emphasize low regrets.

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Funding

Total Funding

$3.5M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Remote Work Options

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

0%
BNP Media
Jun 6th, 2025
Chip City debuts Espresso Martini cookie

Chip City Cookies, the NYC gourmet cookie brand known for its oversized cookies, has announced its collab with Loverboy, purveyor of beverages.

107.1 The Boss
Oct 4th, 2024
Loverboy and IHOP team up for New Weekday Menu

IHOP(R) is teaming up with Loverboy to create a new version of "Working for the Weekend" to launch a new House Faves menu every Monday through Friday from 7am-10pm, for just $6.

AllAxess
Jun 21st, 2024
The Rise of Loverboy

Throughout their career, Loverboy has won numerous awards, including multiple Juno Awards for Group of the Year and Album of the Year.

Townsquare Media
Feb 28th, 2024
Watch Loverboy Tear Through 'Turn Me Loose' From 'Live in '82'

Loverboy will release Live in '82, a new concert film and live album on June 7.

Newswire
Oct 4th, 2023
Aminolean And Loverboy Launch Collaboration With Limited-Edition Peach Bellini Mocktail Energy Drink

Cheersing to the Ultimate Functional Mocktail available nationwide. . .

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