Devotion Vodka

World's First Sugar-Free Vodka

Company Information

Website:

http://www.devotionvodka.com/

Sector:

Alcoholic Beverages

Location:

Red Bank, NJ

Devotion Vodka has created the world’s first sugar-free, gluten-free vodka.

Right now, people are turning to gluten-free and sugar-reduced diets.

The gluten-free market is $16 billion while the sugary beverages market is down 20% in the past five years.

Meanwhile, the U.S. alcoholic beverage industry is massive, valued at $354 billion.

To take advantage of these opportunities, Devotion created its own line of vodka, available in seven different flavors including Wild Cherry, Blood Orange and Coconut.

Since 2010, Devotion has sold more than 1 million bottles of vodka and generated more than $13 million in sales.

In 2014, the company was named Top 50 Spirit by Wine Enthusiast and Breakout Brand of the Year by Beverage World Magazine.

Currently, Devotion Vodka is available at national retailers like Whole Foods, Wegmans and Sam’s Club, as well as leading restaurants such as Hooters and Red Robin.

Team Background

Andrew Adelman - CEO

Co-Investors

Raising
$1.07 million
Committed
$21.901K (2%)
Current Valuation
$24.9 million
Min. Investment
$148
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $11.658 million
    2009-06-01
    Unknown
  • $880K
    2011-02-01
    Unknown
  • $1.798 million
    2012-07-01
    Unknown
  • $701K
    2015-04-01
    Unknown
  • $1.89 million
    2015-12-01
    Unknown
  • $910K
    2016-12-01
    Unknown
Notable Investors
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