Bartesian announces $20 Million Series A & Mila Kunis is on Board
Rainfactory client, Bartesian, is making news again. In a recent press release, they announced a $20 Million Series A raise. They’re showing strong year over year revenue growth, thanks in large part to Rainfactory’s expansion of its direct to consumer (DTC) eCommerce channel on Shopify Plus, as well as high converting paid media campaigns on Google, YouTube, Facebook, Instagram, and TikTok.
Many high profile influencers have gotten on board, all of whom can’t wait to show off their Bartesian-made cocktails.
Bartesian acquired funding from a privately-held venture capital firm, Cleveland Avenue, LLC which allows the company to step up production efforts and scale much quickly. They also announced that celebrity Mila Kunis is joining the company’s board of advisors to strengthen their brand strategy.
The Bartesian cocktail maker has become a popular home appliance and has even gone viral on Tiktok, this led to the company selling out and having them achieve over a 13x ROAS.
Bartesian is continuing their mission of leading the way in on demand bar-quality cocktails at home. Reaching new heights:
- 5+ million cocktails served
- 975% YoY revenue growth in 2020
- Subscribers grew by more than 30 times compared to March 2020
- Strong customer feedback with more than 2,700 five-star reviews on Amazon