Partake Brewing

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Partake Brewing - overview

Established

2017

Location

Calgary, AB, Canada

Primary Industry

Consumer Products

About

Partake Brewing is a Calgary-based company specializing in the production of award-winning non-alcoholic beers, offering flavorful alternatives for health-conscious consumers seeking enjoyable beverage options without alcohol. Founded in 2017, Partake Brewing crafts non-alcoholic beers in Calgary, Alberta, Canada. The company was founded by Ted Fleming, who previously had experience in beverage entrepreneurship. In March 2022, Partake Brewing raised USD 16.


5 mn in Series B funding, co-led by Amberstone and Powerplant Ventures, with participation from returning investors including Barrel Ventures and CircleUp. This funding round brought the total amount raised to USD 16. 5 mn. Partake Brewing specializes in crafting award-winning non-alcoholic beers designed for consumers seeking flavorful alternatives to traditional alcoholic beverages.


The company offers a range of small-batch beers that emphasize bold flavors while remaining light on calories and carbohydrates, catering to individuals who prioritize health and wellness without sacrificing taste. Their core product line includes a variety of non-alcoholic options, ideal for active lifestyles, providing consumers with a satisfying beer experience during social occasions, outdoor activities, or casual evenings at home. Partake Brewing serves a diverse customer base that includes health-conscious individuals, athletes, and anyone looking to enjoy the taste of beer without the effects of alcohol, primarily marketed and sold in North American urban centers where demand for non-alcoholic beverages has been growing. Partake Brewing generates revenue primarily through direct-to-consumer sales and subscription services, facilitating flexible purchasing options for customers.


The company's subscription model enables clients to receive their favorite beer selections on a scheduled basis, providing convenience and enhancing customer loyalty. Retail partnerships also play a significant role in revenue generation, allowing the company to distribute its products through various grocery and specialty beverage stores. Pricing for individual products typically aligns with the premium quality of the craft beer segment, reflecting their small-batch production and unique flavors. The company's flagship non-alcoholic beers, known for their robust taste profiles, attract a loyal customer base and contribute significantly to overall sales.


In March 2022, Partake Brewing raised USD 16. 5 mn in Series B funding to accelerate growth in the US and Canadian markets. The company plans to launch new non-alcoholic beer products that cater to evolving consumer preferences and expand its distribution into additional urban centers and regions where demand is rising. The funding will support these initiatives, as well as enhance marketing efforts to reach a broader audience.


Current Investors

Export Development Canada, CircleUp, Natural Products Canada

Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages, e-Financial

Website

www.drinkpartake.com

Verticals

FinTech, Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

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