Avenir led a $50m Series C funding round in Drizly Group.

Avenir, a New York-based investment firm, led a $50m Series C funding round in Drizly Group, an alcohol e-commerce and delivery company, with participation by Tiger Global and other existing investors. "We've spent years methodically building the three-tier compliant e-commerce foundation for the alcohol category - a place where consumers love to shop and that retailers and brands now deem critical to their e-commerce growth strategies. This investment by Avenir, alongside other existing investors, is a vote of confidence in our industry leadership and enables us to further accelerate our product and customer growth. We look forward to further building out our offering for retailers and brands while continuing to provide a consumer experience that comprises the best place to shop for your favorite beer, wine and spirits," Cory Rellas, Drizly Group CEO.