The owner of Swamp Dragon, the world’s only liquor hot sauce, is raising funds to grow the brand, which is sold online and in more than 1,000 retail stores nationwide.
“I am now raising capital in earnest to prosecute a major scale-up for Swamp Dragon,” CEO Matt Beeson wrote on his LinkedIn page. “Now that the pandemic problems are easing, opportunities that were on hold are returning, and we need investors in order to exploit those opportunities. And it’s a lot.
“If you don’t know, we make the world’s only liquor hot sauce. Bourbon is better than vinegar! We are ultimately differentiated in the market, and the product is attractive to professional buyers,” he wrote.
Beeson is aiming for a six or seven-figure haul, saying the company has “an incredible foundation laid and enormous mass market opportunities (too many, really).”
Other shelf-stable hot sauces rely on an acetic acid (vinegar) as a preservative. Beeson, a hot sauce lover in Baton Rouge, La., didn’t like the overpowering sour taste and aroma of vinegar.
After two years of research, Beeson found that no other hot sauces are based in liquor. Many are infused or flavored with liquor, but none of them contain alcohol (not enough to get drunk and it’s safe for kids). Swamp Dragon is hot sauce reimagined.
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Getir, the pioneer of ultrafast grocery delivery, is celebrating one year of launching in the United States in Chicago, New York and Boston. Through its revolutionary last-mile grocery delivery service, the Getir app has been opened in the United States more than 40 million times, saving users over 700,000 hours.
To celebrate, bananas, the most popular selling product on the U.S. app, are available for nine cents. According to data from the U.S. Bureau of Labor Statistics, the average cost of bananas is $0.64 per pound, approximately $0.21 each.
“We are excited to be celebrating our one year anniversary in the United States. We are proud of this accomplishment and all of our teams who have made this first year in the United States successful,” said Langston Dugger, Head of U.S. Operations. “American customers enjoy the convenience and reliability of our service and variety of our products.”
A bunch of stats:
Top Ten Selling Products
Top Neighborhoods
Distance Traveled
Charitable Efforts
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