Drizly, the Boston-based booze delivery startup, and Favor, the Austin, Texas-based anything-but-booze delivery startup, have a date this New Year's Eve.
The two companies are promising joint delivery of snacks and beverages for New Year's celebrants in four cities--Austin, Boston, DC and Denver. The tie-up is called, "Party Time." Excellent.
Drizly's gone pretty far on a mere $17.8 million in venture capital, the most recent round coming in a Series A announced in May led by Polaris Partners. It's up and running in at least 18 cities and plans to be delivering libation in 12 more by the end of 2016, according to a BBJ report from November. It's one of the few companies to have opened a multi-state delivery model in the highly regulated retail alcohol industry, without breaking the cork.
Favor is a cousin in capitalization, having raised a total of $16.9 million as of the last time it gobbled up a round--a Series A it closed in March, led by S3 Ventures and Silverton Partners. Favor is also up and running in about 18 cities. In November it made a McDonald's-like announcement, touting 1 million served--1 million "favors" delivered since the service launched in 2013. At the beginning of 2015, it had completed less than 250,000 orders.
So, now I can get booze and "anything (I) want in (my) city" delivered at the same time. I hope everyone has a happy, responsible New Year's.
