We're thrilled to announce a $50 million equity financing round led by General Atlantic, with participation from multiple existing investors. With this investment, we'll be able to significantly increase our production capacity and expand the availability of our award-winning non-alcoholic brews worldwide. We're passionate about transforming the way modern adults drink, and we couldn't be more excited to welcome General Atlantic and have them by our side as we begin our next phase of growth. Athletic Co-Founder & CEO Bill Shufelt joined Josh Lipton on Yahoo Finance yesterday afternoon to discuss the news and the future of non-alcoholic beer. https://lnkd.in/exuFpEct
Athletic Brewing Co.
Food and Beverage Services
Milford, CT 31,793 followers
Pioneers in revolutionizing non-alcoholic craft beer for healthy and active adults.
About us
Pioneers in revolutionizing non-alcoholic craft beer. Brewing high-quality, great tasting NA craft beer for today's healthy & active beer lover.
- Website
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http://www.AthleticBrewing.com
External link for Athletic Brewing Co.
- Industry
- Food and Beverage Services
- Company size
- 201-500 employees
- Headquarters
- Milford, CT
- Type
- Partnership
- Founded
- 2017
- Specialties
- Brewing, Healthy Living, All-Natural, organic, e-commerce, direct-to-consumer, Active Lifestyle Brand, and Craft Brewer
Locations
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Primary
75 Cascade Boulevard
Milford, CT 06460, US
Employees at Athletic Brewing Co.
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Marco Garcia
Brewer / Father / Partner / Mentor / LGBTQ+ Ally / Food Enthusiast / Avid Traveler / Scientist / Chaotic Good
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Chip Campbell
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Romina Boccia
Economist @ Cato Institute | Jeffersonian Dinner Curator | Nonprofit Board Director | Mindful Drinking Advocate
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Matt Schibanoff
National Account Manager at Athletic Brewing Company
Updates
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Exciting news! Athletic was included on TIME's list of the 100 Most Influential Companies of 2024! #TIME100Companies https://bit.ly/3KlrTiN We started very small and very humbly back in 2017, homebrewing our initial trial batches in 5-gallon jugs. At the time, we were pitching an impossible idea to the world — our goal was to reinvent how modern drinkers think about adult beverages by building a brewery dedicated entirely to non-alcoholic beer. A lot has changed since we launched our first commercial brews at a handful of grocery stores six years ago. At the time, we were one of the smallest of nearly 10,000 breweries in America, and most people were telling us that our concept would never work! We’re proud to say that in just six years, non-alcoholic beer — once the most ignored and overlooked segment in the beer industry — has become the most exciting beverage that you can keep in your fridge and serve to friends and family. Athletic is now the #1 NA beer brand in America and is available at over 75,000 retail locations across the U.S., but we’re just getting started! We’re on a mission to take beer where it’s never gone before and revolutionize how the world drinks. So we raise a can of Athletic to all of our fans and followers. Without your support over the years, we wouldn’t be where we are today. Thank you! Bill & John
TIME100 Most Influential Companies 2024
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Thank you, Logan Bartlett, for sharing our story! Check out the full interview with Co-Founder Bill Shufelt below 👇
Since 2017, Bill Shufelt (CEO, Athletic Brewing Co.) went from hedge fund trader to the CEO of the leading producer of non-alcoholic craft beer. Unlike my typical tech-focused chats this one centers around a product I personally love. In the conversation, Bill tells stories of the unscalable but crucial strategies he used to build a brand, push past rejection, and redefine the non-alcoholic beer industry. → The unscalable activities that made Athletic a household name Athletic Brewing’s brand was built on unscalable activities, like handing out samples at races. Now, Bill often runs into high LTV customers at races he hasn’t attended in years when they say things like, “I met you in 2018 and my fridge has been full of your beer ever since.” While each sampling felt minor in the moment, Athletic has now activated thousands of events, and the long-term impacts accumulate. → How rejection helped Athletic build a competitive advantage Facing initial rejections from every contract brewer in the US, Bill took a bold step in building their own brewery. In hindsight, it allowed them unparalleled control over every aspect of production, from ingredient quality to rigorous testing of each batch. By handling everything in-house, Athletic also gains the flexibility to innovate and respond to market demands quickly—benefits that would have been unattainable had they relied on external partners. → Bill’s genius sales tactic Bill personally signed 300 deals with retail stores using clever tactics. Before pitching a buyer at a store, Bill would recruit a random grocery store shopper to pretend that they were super interested in the beer while Bill was pitching the deal. This approach helped break initial skepticism and build early buzz around their offerings, which helped Athletic secured shelf space and propel forward. For more stories and lessons from Bill, check out the full episode at: https://lnkd.in/gJjHJz_w
How Bill Shufelt Built Athletic Brewing - Every Plot Twist Along The Way
https://www.youtube.com/
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Pride Month calls for liquid love and Rainbow Wall is ready to share it. Crafted in collaboration with pro-LGBTQIA+ climber, Alex Johnson, this Blood Orange IPA is just as vibrant as the community it celebrates. As part of our IMPACT Brew Series, donations will go to The OUT Foundation– a nationally recognized non-profit supporting the LGBTQIA+ community by providing access to inclusive fitness spaces, wellness resources, and more. With it, we stand tall with our friends, families, and peers. Learn more about Rainbow Wall’s greater impact: https://lnkd.in/dP-zjFKn
Rainbow Wall
athleticbrewing.com
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Tomorrow is Ask for Athletic Day, and your first round is on us! Order an Athletic NA beer at your favorite bar or restaurant, upload your receipt to itsathletic.com, and you'll be reimbursed up to $7 via PayPal or Venmo!* Find a bar/restaurant near you: https://bit.ly/3sQW3ol *Visit askforathletic.com for more details and full terms and conditions. Restricted to 39 participating states - (excluding GA, ID, KS, KY, LA, MI, MS, NE, SC, TN, and TX)
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Through our Two for the Trails initiative, we give back up to $2MM annually to protecting & restoring outdoor spaces. This short film highlights our ongoing projects with San Diego Mountain Biking Association, FRIENDS OF MYAKKA RIVER , and Ice Age Trail Alliance. Watch our new short film: https://lnkd.in/deNBMiGa
Two for the Trails
https://www.youtube.com/
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Coming soon: Inches to Miles. Our new documentary follows the awe-inspiring stories of three Athletic ambassadors on their mission to take on IRONMAN Lake Placid. Watch the full trailer at https://lnkd.in/dbkzbprk To kick off IRONMAN 70.3 Oceanside this weekend, we'd like you to join us for an exclusive screening of the film on 4/5! Learn more: https://lnkd.in/deqtD-W3 Produced in partnership with Port Side Productions
Inches to Miles | New Film Coming Soon
athleticbrewing.com
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Athletic Brewing Co. reposted this
"It's always best if you feel you're emotional to just step away from it." For a guy who is insanely passionate about non-alcoholic beer, Athletic Brewing Co. co-founder Bill Shufelt is equally concerned about what passion can do to you as a leader. As he told me in our rapid-fire episode of #ThisIsWorking, getting worked up is one of the two things for him that can tip a day from productive to squandered. "You can always come back and get angry at someone the next day, but it's best just to step away from that." In other words, be passionate about the mission but dispassionate about the work. Bill faced daunting challenges in launching Athletic in 2017, a new brand in a category few cared about. But he retained his "delusional optimism" (see more here https://lnkd.in/eGc4ws8J) through all the No's from potential partners, investors, and distributors. The secret was to stay steady and just keep working to change how people drink. "Just making a little progress every day," he said is the key. "Like a car on a highway going 65 miles an hour, I'm not speeding, but it's a very sustainable pace and I go that speed every day. And we get passed all the time by cars going 90 or 100 miles an hour that you see broken down or off the road down the line. It's like just get up and get going and do something." Check out the other secrets Bill has found for getting things done, getting information, and guiding careers. Listen to the full episode here: 🎧 Apple: https://lnkd.in/eAVzwjvp 🎧 Spotify: https://lnkd.in/eU99ACZD
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We're thrilled to be recognized for the second consecutive year as an "Insurgent Brand" by Bain & Company, sharing this honor with 96 other fast-growing consumer brands. Check out the full list https://bit.ly/3TywvYg
Brands to watch: Bain & Company’s 2024 Insurgent Brands list identifies fast-moving consumer goods companies reshaping their categories
bain.com