Better Rhodes Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
10
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$730K
- Investors
-
3
Better Rhodes General Information
Description
Provider of alcohol-free beverages intended for delivering drinks at the doorstep. The company offers a wide selection of non-alcoholic wines, beers, and spirits, along with subscription boxes delivered directly to their home on a flexible schedule, enabling customers to choose from a curated selection of beverages that align with their wellness goals and lifestyle preferences.
Contact Information
Website
www.betterrhodes.comCorporate Office
- 175 Fort Path Road
- Unit 107
- Madison, CT 06443
- United States
Corporate Office
- 175 Fort Path Road
- Unit 107
- Madison, CT 06443
- United States
Better Rhodes Timeline
Better Rhodes Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Debt - General | 21-Sep-2023 | $730K | Completed | Generating Revenue | ||
| 3. Seed Round | 01-Jul-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 21-Nov-2022 | $650K | $2.65M | Completed | Generating Revenue | |
| 1. Seed Round | 08-Dec-2021 | $2M | $2M | Completed | Generating Revenue |
Better Rhodes Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-1 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 41,000 | $0.000100 | $10.3 | $10.3 | 1x | $10.3 | 4.69% |
VC Exit Predictor
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Better Rhodes Signals
Better Rhodes Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Westchester Angels | Angel Group | Minority | ||
| Clear Finance Technology | VC-Backed Company | Minority | ||
| Connecticut Innovations | Venture Capital | Minority |
Better Rhodes Acquisitions (2)
Better Rhodes’s most recent deal was a Merger/Acquisition with Seir Hill. The deal was made on 06-May-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Seir Hill | 06-May-2025 | Merger/Acquisition | Beverages | ||
| Better Without | 19-May-2022 | Merger/Acquisition | Application Software |
Better Rhodes Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Better Without | Twyford, United Kingdom | 2020 | |
| Seir Hill | Wilton, CT | 2020 |
Better Rhodes FAQs
-
When was Better Rhodes founded?
Better Rhodes was founded in 2019.
-
Where is Better Rhodes headquartered?
Better Rhodes is headquartered in Madison, CT.
-
What is the size of Better Rhodes?
Better Rhodes has 10 total employees.
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What industry is Better Rhodes in?
Better Rhodes’s primary industry is Specialty Retail.
-
Is Better Rhodes a private or public company?
Better Rhodes is a Private company.
-
What is Better Rhodes’s current revenue?
The current revenue for Better Rhodes is .
-
How much funding has Better Rhodes raised over time?
Better Rhodes has raised $3.38M.
-
Who are Better Rhodes’s investors?
Westchester Angels, Clear Finance Technology, and Connecticut Innovations have invested in Better Rhodes.
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