Ohza, a Cambridge, Mass.-based ready-to-drink cocktail brand known for premade mimosas, closed a round of funding worth just over $4m.
The round was led by CircleUp Growth Partners with participation from Branch Venture Group, Ruttenberg Gordon Investments, Riverside Ventures, individuals like Elliot Grainge, Founder of 10K Projects and existing investors such as Austin Rosen, Founder of Electric Feel Management.
The company intends to use the funds to expand operations and its business reach.
Founded in June 2019 by Ryan Ayotte, Ohza is a “champagne cocktail” company that uses sparkling wine and real juice to make products that have 130-140 calories per 12-ounce serving. Now available in four flavors in both can and keg formats, Ohza is available online in 42 states at ohzamimosas.com, as well as at 2,500+ retailers including Whole Foods, Hannaford, Wegmans, Total Wine & More, Market Basket, and many more independent retailers.
FinSMEs
15/06/2021