Overview

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 and targets health-conscious consumers, individuals abstaining from alcohol, and those seeking a beer experience without the negative effects of alcohol. Partake Brewing sells its products directly to consumers through its online store and through retail partnerships, making them accessible in physical stores. What sets Partake Brewing apart from competitors is its focus on creating non-alcoholic beers that closely mimic traditional beer flavors, making them suitable for social occasions and a healthier drinking option. The company's goal is to provide high-quality, enjoyable non-alcoholic beers that promote social enjoyment and health benefits.

Simplify's Take

What believers are saying

• Growing interest in functional beverages offers expansion opportunities for Partake Brewing.
• Sober-curious events and alcohol-free bars create new venues for non-alcoholic beer.
• E-commerce and subscription models can boost Partake Brewing's direct-to-consumer sales.

What critics are saying

• Increased competition from brands like Rescue Club may impact market share.
• New product launches may not meet consumer taste expectations.
• Leadership changes could lead to strategic shifts misaligned with market trends.

What makes Partake Brewing unique

• Partake Brewing offers non-alcoholic beers with authentic traditional beer taste.
• The company uses all-natural ingredients for low-calorie, low-carb beer options.
• Partake Brewing emphasizes social and health benefits in its marketing strategy.

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Funding

Total Funding

$20.5M

Below

Industry Average

Funded Over

2 Rounds

$16,500,000

Series B

Mar 2022

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$16.5M

$30M

$45M

$65M

$100M

View all funding stages