Minibar Delivery Explained

Industry:Retail
Type:Private
Services:Alcohol E-Commerce
Foundation:2014
Founder:Lara Crystal, Lindsey Andrews
Location:79 Madison Avenue, Madison Square North, New York City, New York, United States
Native Clients:iOS, Android
Minibar Delivery
Employees:40

Minibar Delivery is an online alcohol service based in New York City, offering on-demand delivery in over 50 American cities and shipping to 40 states. It was founded in 2014 by Lara Crystal and Lindsey Andrews. Minibar Delivery connects customers with local liquor stores as well as vineyards for delivery to their location via the company's mobile app and website.

History

Minibar Delivery was founded in 2014 by Lara Crystal and Lindsey Andrews,[1] [2] who were classmates at the Wharton School of the University of Pennsylvania.[3] The two conceived the idea during a takeout Tuesday at their apartment when they ran out of alcohol and neither of them wanted to go to the store. Crystal is the former vice president of marketing at the e-commerce site Rent the Runway, while Andrews had various marketing roles at FreshDirect, Soap.com, and Wag.com. In deciding to venture into alcohol delivery, Crystal stated that "Basically we saw a huge market that has not been successfully brought online",[4] also saying that "We saw a major void in the market–especially in New York City where you can have virtually anything delivered to your door–and wanted to create a great consumer experience that makes alcohol delivery and home entertaining as easy as and enjoyable as possible".[5] They began by partnering with local liquor stores to offer on-demand delivery in 30–60 minutes.[6]

In October 2014, Minibar Delivery opened up their services in Chicago, forming agreements with Un-Cork It wine store and sandwich shop Milk & More. They opened in San Francisco the same month.[7] By 2015, Minibar Delivery expanded to serve wider New York, Los Angeles, Jersey City, The Hamptons, Ithaca, Dallas, Hoboken, Westchester, Silicon Valley, Palm Beach and Miami.[8] [9] That same year, the company acquired Booze Carriage, a New York City-based on-demand alcohol delivery company.[10]

In July 2017, TechCrunch reported that Minibar Delivery raised an additional $5M in seed funding, led by Corigin Ventures, with participation from Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures, among others.[1] The same month they formed an agreement with Total Wine & More to launch an on-demand two-hour alcohol delivery service in Arlington, Virginia.[11] In 2018 they expanded this partnership to many more cities in the state of Virginia such as Richmond,[12] Newport News, Virginia Beach, Norfolk and more.[13] In September 2017, Minibar Delivery began operations in Baltimore.[14]

As of February 2018, Minibar Delivery had raised $6.8 million in seed funding.[15] In July 2018 Minibar Delivery formed a partnership with BevMo! in California.[16]

In November 2021, Minibar was acquired by ReserveBar.[17]

Description

Minibar Delivery is headquartered at 79 Madison Avenue, Madison Square North, New York City. It does not hold any inventory, rather the company serves as a platform via their mobile app and website to connect customers with local liquor stores that will deliver to their location[18] Customers can use the service for on-demand alcohol delivery to their location in 30–60 minutes, shop directly from vineyards, book a bartender on demand, access a trained concierge service for wine recommendations and cocktail recipes, and subscribe for auto-renewed orders in 1, 2, 3, and 4 week intervals.[19] Orders can only be delivered during opening hours of the store providers.[15] [5] The company also offers an event planning calculator to help predict the amount of type of alcohol required for parties.[20] Minibar Delivery takes a small marketing fee from its store partners.[15] Minibar Delivery also has partnerships with brands. For example, they worked with St-Germain to allow customers to order bartenders on French-style bikes for delivery in New York City.[21]

In September 2017, Minibar Delivery expanded its on-demand deliveries to nationwide shipping with the launch of its Vineyard Select service.[22] As of 2018, Minibar Delivery has over 200 partners and delivers to over 40 cities in the US.[15]

External links

Notes and References

  1. News: Minibar Delivery alcohol marketplace picks up $5 million in funding. TechCrunch. 15 August 2017. 17 June 2019.
  2. Web site: Fantastic Digital Founders On Balancing Friendship And Entrepreneurship. Forbes. 17 June 2019.
  3. Web site: Toasting to the On-Demand Economy. GLG. 17 June 2019.
  4. Web site: Seamless for booze: Minibar Delivery's iOS app summons alcohol to your doorstep. VentureBeat. 5 February 2014. 17 June 2019.
  5. On-Demand Booze: Minibar Will Deliver The Alcohol You Ordered Within 60 Minutes.. Fast Company. 17 June 2019.
  6. Door-To-Door.. The New Yorker. 17 June 2019.
  7. Web site: Liquor quicker: Minibar starts up in Chicago. Chicago Business. 22 October 2014. 17 June 2019.
  8. Web site: Minibar Delivery Offers On-Demand Booze Delivery in 13 Cities. Tech Crunch. 30 January 2015. 17 June 2019.
  9. Web site: A liquor delivery company offers customers party planning 101. Digital Commerce. 24 October 2018. 17 June 2019.
  10. News: Minibar Liquor Delivery Startup Acquires Competitor Booze Carriage. TechCrunch. 20 March 2015. 17 June 2019.
  11. Web site: US retailer offers two-hour alcohol delivery service . The Spirits Business. 7 August 2018. 17 June 2019.
  12. Web site: New York-based booze delivery service is thirsty for the Richmond market. Richmond Biz Sense. 27 November 2018. 20 June 2019.
  13. Web site: Want alcohol delivered to your door? A new app brings beer and wine to parts of Hampton Roads. Pilot Online. 24 November 2018 . 20 June 2019.
  14. Web site: Alcohol delivery service expands to Baltimore . Biz Journals. 5 September 2017. 17 June 2019.
  15. Web site: This start-up delivers a minibar right to your door in New York City . CNBC, accessed via Biz Journals. 1 February 2018. 17 June 2019.
  16. Web site: BevMo! and Minibar Delivery to Partner on Alcohol Delivery in California. Spirited Biz . 18 July 2018. 20 June 2019.
  17. Web site: ReserveBar Acquires Minibar Delivery . Beverage Dynamics . 2021-11-08 . 2021-11-29.
  18. Web site: Alcohol delivery specialist Minibar launches subscription feature. Postandparcelinfo. 29 October 2015. 17 June 2019.
  19. Web site: Minibar Alcohol Delivery Service Launches Subscriptions So You Can Keep Drinking. TechCrunch. 27 October 2015. 17 June 2019.
  20. The best options for alcohol delivery in NYC. Time Out. 22 January 2019. 17 June 2019.
  21. St-Germain using bikes for on-demand delivery service in NYC. Fortune. 21 September 2015. 17 June 2019.
  22. Web site: How to Buy Wine Directly From a Vineyard-Using an App. Food and Wine. 17 June 2019.