Partake Brewing

Partake Brewing

Produces non-alcoholic beers with natural ingredients

About

Partake Brewing produces non-alcoholic beers that replicate the taste and experience of traditional beers without the alcohol. Their products are made with all-natural ingredients, resulting in low calorie and low carbohydrate options. The company offers six different flavors to cater to various taste preferences. Partake Brewing sells its products directly to consumers through its online store and also partners with retailers for in-store availability. What sets Partake Brewing apart from competitors is its focus on creating a non-alcoholic beer that closely resembles traditional beer, making it suitable for social occasions and health-conscious individuals. The company's goal is to provide a guilt-free alternative to alcoholic beverages, appealing to those who want to enjoy beer without the negative effects of alcohol.

Company Stage

Growth Equity (Venture Capital)

Employees

11-50

Industries

Food & Agriculture, Consumer Goods

Total Funding

$19.9M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Partake Brewing's recent product launches, such as the Mexican Style Brew and Pickleball Pils, demonstrate their commitment to innovation and meeting consumer demand.
  • The partnership with the Association of Pickleball Players enhances brand visibility and aligns with a rapidly growing sport, potentially driving sales.
  • Promotion of Evan Cohen to president indicates strong internal leadership and a strategic focus on growth.

What critics are saying

  • The non-alcoholic beverage market is becoming increasingly competitive, requiring continuous innovation to maintain market share.
  • Dependence on retail partnerships could pose risks if these relationships weaken or if retail trends shift.

What makes Partake Brewing unique

  • Partake Brewing offers a diverse range of non-alcoholic beers that closely mimic the taste of traditional beers, setting them apart from other non-alcoholic beverage options.
  • Their focus on low-calorie and low-carb content appeals to health-conscious consumers, a niche that is not fully addressed by many competitors.
  • The company's direct-to-consumer sales model, combined with retail partnerships, ensures broad market reach and accessibility.

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Growth & Insights
Headcount

6 month growth

-13%

1 year growth

-10%

2 year growth

-13%

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