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Security Type
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Common Stock
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Min Investment
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$249
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Offering Date
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January 04, 2023
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Expected Close Date
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April 14, 2023
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Target Raise
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$10.00K-$1.24M
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No. Investors
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143
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Security Price
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$2.13
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Valuation
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$17,040,000
- Number of Employees
- 3
- Cash
- $97,573
- Revenue
- $1,899,910
- Short Term Debt
- $791,188
- Cost of Goods
- $1,214,032
- Long Term Debt
- $1,279,700
- Net Income
- $-1,285,007
Company Description
Nipyata is an online platform that helps beverage alcohol brands connect with consumers by creating unique branded experiences to increase brand awareness and improve online sales. We partner with both emerging beverage alcohol brands and the world’s largest beverage alcohol brands. We monetize through Paid Media, Direct To Consumer (DTC) E-commerce, and Software as a Service (SaaS).
Key Deal Facts
We solve numerous problems created by the three-tier alcohol sales model by providing brands with a platform for marketing data analytics and compliant online sales and delivery of their products.
As the market moves online, we believe our business is positioned to benefit from increased digital paid media and beverage alcohol e-sales growth. E-commerce alcoholic beverage sales grew by 43% in 2020 and are expected to increase by 66% between 2022 and 2025 (source).
We have business relationships with major companies across the alcoholic beverage industry, including BudLight, Angry Orchard, Aviation Gin, Betty Buzz, Cutwater and Skrewball Whiskey.
Management Team / Advisory Board Bios
William HenchCEO, Co-Founder, DirectorHarvard BA and NYU Stern MBA experienced e-commerce and consumer startup executive. Co-founder of Threadlab, a venture backed personalized e-commerce platform for sustainable apparel.
Dan CedroneCOO, Co-Founder, DirectorNortheastern BA and Babson MBA. Owner/operator of Marblehead Memorials, and seasoned product development expert.
Andrew HenchCRO, Co-Founder, DirectorWheaton College BA and Co-Founder of Threadlab and early Wayfair.com employee.
Piyush PathakE-Commerce, web applicationsInnovative E-Commerce expert with experience building web applications and large scale consumer startups. Founded CommerceUp.,