sipMARGS, a NYC-based canned Margarita company, raised $2M in funding.
The round was led by Lab Capital Advisors.
The company intends to use the funds to expand making its products available in Michigan, Ohio and Connecticut – with more states to follow, including VA and CA in 2024.
Launched in the spring of 2021 and led by CEO Justin Nabozna, sipMARGS offers premium canned margaritas made with tequila from the Highlands of Jalisco, Mexico, and available in five authentic flavors. It is a low-sugar, low-calorie, and low-carb option with an alcohol level of 5% ABV.
