Hopsy secures seed funding from Ironfire Ventures, adds Jason Wang, Founder of Caviar, to its board
Hopsy, the fast-growing online marketplace and home delivery service for local craft beer, today announced that it closed a seed-funding round. The financing was led by VC firm Ironfire Ventures and includes investors from the Berkeley Angel Network.
Hopsy was launched in January 2016 as the first "brewery-to-
"The recent growth in craft beer led to a high fragmentation of the market, making it very challenging for most micro breweries to be distributed in traditional channels," says Jason Wang, Founder of Caviar and Venture Partner at Ironfire Ventures, who has joined the board of Hopsy. "We are thrilled to partner with the Hopsy team, and to help them reinvent beer distribution."
Hopsy is the first local craft beer marketplace and beer delivery service connecting local breweries with beer lovers. Hopsy's technology enables brewers to have their fresh draft beer delivered to local customers while providing beer loving customers unprecedented access to local beer when they want and where they want. The company also has a mission to drive sustainability for local breweries by providing an alternative distribution system. Hopsy is currently serving the Bay Area, with plans to quickly expand in all major craft beer markets.
ABOUT IRONFIRE VENTURES
Ironfire Ventures is a cross border fund with in house design and research services for its portfolio companies. Ironfire Ventures invests in startups from seed to series B in the Mobile SaaS, Marketplace, and Hardware + Software categories.