Drync Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 16

Employees

  • Latest Deal Type
  • M&A

Drync General Information

Description

Provider of a mobile platform intended to help retailers to have their liquor store on user's mobile. The company's mobile platform offers instant image recognition of more than 3 million wines and a fulfillment network to discover new wines through recommendations and expert-curated selections, enabling consumers to find, track, share and purchase wines in a hassle-free manner.

Contact Information

Website
home.drync.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 212 Elm Street
  • Suite 4
  • Somerville, MA 02144
  • United States
Primary Industry
Information Services (B2C)
Other Industries
Application Software
Beverages
Acquirer
Bridge (United States)
Vertical(s)
FoodTech, Artificial Intelligence & Machine Learning, TMT, Mobile
Corporate Office
  • 212 Elm Street
  • Suite 4
  • Somerville, MA 02144
  • United States

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Drync Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 07-Mar-2019 Completed Generating Revenue
3. Later Stage VC 16-Jun-2017 Completed Generating Revenue
2. Seed Round 09-Apr-2014 $2.1M $2.15M Completed Startup
1. Accelerator/Incubator 24-Oct-2011 $50K $50K Completed Startup
To view Drync’s complete valuation and funding history, request access »

Drync Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Post Seed 2
Post Seed 1
Seed 33,599,486 $0.000100 $0.04 $0.04 1x $0.04 41.76%
To view Drync’s complete cap table history, request access »

Drync Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a mobile platform intended to help retailers to have their liquor store on user's mobile. The company's mobi
Information Services (B2C)
Somerville, MA
16 As of 2016

Copenhagen, Denmark
 

Rockville, MD
 
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Drync Competitors (9)

One of Drync’s 9 competitors is Vivino, a Venture Capital-Backed company based in Copenhagen, Denmark.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Vivino Venture Capital-Backed Copenhagen, Denmark
Sippd Corporation Rockville, MD
CellarTracker Venture Capital-Backed Seattle, WA
Hello Vino Corporation San Francisco, CA
Zomato Formerly VC-backed Gurugram, India
You’re viewing 5 of 9 competitors. Get the full list »

Drync Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Drync Former Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Crosslink Capital Venture Capital Minority
Angel (individual) Minority
Foundry Group Venture Capital Minority
Great Oaks Venture Capital Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

Drync Acquisitions (1)

Drync’s most recent deal was a Merger/Acquisition with Likelii. The deal was made on 01-Jul-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Likelii 01-Jul-2015 Merger/Acquisition Other Commercial Services
To view Drync’s complete acquisitions history, request access »

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Drync FAQs

  • When was Drync founded?

    Drync was founded in 2008.

  • Where is Drync headquartered?

    Drync is headquartered in Somerville, MA.

  • What is the size of Drync?

    Drync has 16 total employees.

  • What industry is Drync in?

    Drync’s primary industry is Information Services (B2C).

  • Is Drync a private or public company?

    Drync is a Private company.

  • What is Drync’s current revenue?

    The current revenue for Drync is .

  • How much funding has Drync raised over time?

    Drync has raised $4.35M.

  • Who are Drync’s investors?

    , Crosslink Capital, , Foundry Group, and Great Oaks Venture Capital are 5 of 19 investors who have invested in Drync.

  • Who are Drync’s competitors?

    Vivino, Sippd, CellarTracker, Hello Vino, and Zomato are some of the 9 competitors of Drync.

  • When was Drync acquired?

    Drync was acquired on 07-Mar-2019.

  • Who acquired Drync?

    Drync was acquired by Bridge (United States).

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