Provi

Digital marketplace for wholesale alcohol ordering

Chicago, Illinois, United States

About Provi

Provi.com is a digital marketplace that simplifies ordering wholesale alcohol for bars, restaurants, and retailers. It provides a single platform where users can shop, discover, and pay for products, streamlining the supply chain with a reliable database of distributor portfolios. Clients can easily submit orders and communicate with sales representatives, while also exploring a database of over 750,000 drinks. Provi aims to enhance efficiency in the beverage alcohol market by consolidating various functions into one user-friendly platform.

Chicago, IllinoisHeadquarters

2016Year Founded

$121.5MTotal Funding

SERIES_CCompany Stage

Food & Agriculture, Consumer GoodsIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Long/Short Term Disability

Employee Assistance Program

Paid Holidays

Risks

Increased competition from digital marketplaces could erode Provi's market share.

Integration challenges with SevenFifty may lead to operational inefficiencies.

Changes in state alcohol distribution laws could impact Provi's operations.

Differentiation

Provi simplifies wholesale alcohol ordering by connecting buyers, distributors, and suppliers.

Provi offers a unified platform for ordering, selling, and promoting wholesale alcohol.

Provi's platform includes a trusted database of over 750,000 drinks for product discovery.

Upsides

Provi's partnership with SevenFifty enhances its industry insights and market reach.

The rise of virtual tastings offers Provi opportunities to increase user engagement.

Provi's expansion of state partnerships strengthens its support of the three-tier system.

Funding

Total raised$121.49 M

Latest valuation$750.00 M

StageSERIES_C

SERIES C

8/31/2021

$75

$750.00 M

SERIES B

1/31/2021

$25

$125.00 M

SERIES A

3/31/2020

$20

$100.00 M

SEED

4/30/2018

$17.50 M