Fundz

The Zero Proof Closes Series A Funding Round and Extends Its Lead in Adult Non-Alcoholic Beverages

PRIVATEJan 30, 2024

Round Type

Series A

AtlantaFood And Beverage

Investors

Springdale VenturesOverlineAsahi Group Beverages & Innovation

Description

The Zero Proof announced the closing of its Series A funding round, led by Asahi Group Beverages & Innovation, with participation from Overline and Springdale Ventures. The funding will be used to hire salespeople, expand distribution, grow retail accounts, broaden the wholesale portfolio, and increase its suite of proprietary adult non-alcoholic spirits and wine, including the successful launch of the non-alc wine label, Saint Viviana.

Quick answer

The Zero Proof raised an undisclosed amount in a Series A round, dated January 30, 2024. Investors: Springdale Ventures, Overline and Asahi Group Beverages & Innovation. The Zero Proof is based in Atlanta, Georgia, United States.

How much did The Zero Proof raise?
The Zero Proof raised an undisclosed amount in a Series A round on January 30, 2024.
Who invested in The Zero Proof?
Springdale Ventures, Overline and Asahi Group Beverages & Innovation are named as investors in this round.
What does The Zero Proof do?
The Zero Proof is the first and leading dedicated online retailer, importer, and supplier of adult non-alcoholic beverages.
Where is The Zero Proof based and how big is it?
The Zero Proof is based in Atlanta, Georgia, United States.
Who are the decision-makers at The Zero Proof?
Fundz holds 1 contact at The Zero Proof. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage around the same time

Companies in the same sectors as The Zero Proof that raised within 45 days of this round, from Fundz verified event records.

  • Wonder raised $718M on March 15, 2024.
  • Daily Harvest raised $12M on March 15, 2024.
  • Aqua Vitea raised $1M (Seed) on March 13, 2024.
  • Pratt Standard Cocktail raised $20K (Pre-Seed) on March 12, 2024.
  • Regent Craft raised an undisclosed amount (Corporate Round) on March 11, 2024.
  • Bottlefly raised $12M on March 11, 2024.

Who to call at The Zero Proof, and when

A new round usually means The Zero Proof is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day The Zero Proof raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at The Zero Proof, from your own LinkedIn network

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Company Information

Company

The Zero Proof

Location

Atlanta, Georgia, United States

About

The Zero Proof is the first and leading dedicated online retailer, importer, and supplier of adult non-alcoholic beverages. They are focused on accelerating growth in the hyper-growth adult non-alcoholic beverage category.

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Fundz sees it the moment The Zero Proof raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

The Zero Proof raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.