Progressive Beverages
Progressive Beverages LLC is an importer and marketer of premium distilled spirits from Asia.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Progressive Beverages Information
Geographic Data
Address:
City: California City
State: California
Zip:
Country: United States
Financial Info
Stage:
series c
Raised Last:
$2M
Raised Total:$2M
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0Website Monthly Traffic
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Description
Founded in June 2002, Progressive Beverages LLC is an importer and marketer of premium distilled spirits from Asia. Based in Los Angeles, CA, Progressive is the first and only American brand owner to commercialize soju in the mainstream U.S. market. Soju, which means “fiery spirits,” is a traditional Asian liquor with product characteristics similar to premium vodka or gin. Soju is the best selling spirits category in the world with annual worldwide sales of over $14 billion (200 million cases) in 80 countries. Soju outsells vodka almost 4 to 1 on a worldwide basis, but is relatively unknown in the U.S. Progressive is changing this lack of awareness in the American market with two outstanding products: Tori Kai Premium Soju and Han Soju. Discover why Progressive and its soju products have the American wine and spirits market buzzing.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2005 | Series C | 3 | $1.8M |
Tech Coast Angels Pasadena Angels Keiretsu Forum Keiretsu Forum Pasadena Angels Tech Coast Angels |
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| Announced Date | Name | Price |
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