DRIZLY ANNOUNCES 'SIP WITH PURPOSE' INITIATIVE, INCLUDING A $4 MILLION MEDIA COMMITMENT AND NEW ACCELERATOR PROGRAM TO SUPPORT BRANDS OWNED BY MEMBERS OF HISTORICALLY UNDERREPRESENTED GROUPS

New initiative aims to help fuel growth for Black-owned, women-owned and more brands from underrepresented communities

BOSTON, Aug. 17, 2022 /PRNewswire/ -- Drizly, an Uber Company and a leading beverage alcohol e-commerce shop, today announced its 'Sip with Purpose' initiative – a new program dedicated to supporting and driving growth of brands owned by members of historically underrepresented groups in the beverage alcohol industry. This initiative includes a $4 million media commitment to raise awareness and support these brands, as well as the launch of Drizly's Brand Accelerator Program and introduction of new ways for consumers to shop AAPI-, Black-, Hispanic-, Latinx-, LGBTQIA-, Native-American- and woman-owned brands on the platform year-round.

The year-long 'Sip with Purpose' Brand Accelerator Program is designed to drive equity within the beverage alcohol industry. With applications for the inaugural class now open, as part of the program, three brands will gain access, training, and insights across the three tiers of the beverage alcohol industry - producers, distributors and retailers. The accelerator will include training sessions led by an advisory council of industry partners and the Drizly leadership team, introductory meetings with top retailers and distributors in target expansion markets, and additional mentorship opportunities. Participants will receive free advertising across the Drizly platform over the course of 12 months and access to Drizly's premium data product to leverage marketplace insights to drive data-backed business decisions.

Drizly is accepting applications for the 'Sip with Purpose' Brand Accelerator Program until September 12th, with final participants to be announced in Fall 2022. To qualify, one or more owners of a beverage alcohol brand must identify as a member of a historically underrepresented group, and hold at least 50 percent ownership of the brand's equity or interests, amongst other criteria. Eligible brands are encouraged to apply today by visiting the application page, where they can also find additional guidelines and learn more about the program. Brands must apply themselves.

The 'Sip with Purpose' initiative is the next step in Drizly's long-term commitment to diversity, equity, and inclusion. This initiative provides new ways for consumers to support brands owned by historically underrepresented communities, including a centralized hub on Drizly for consumers to browse, discover and shop these brands year-round. The hub aggregates all AAPI-, Black-, Hispanic-, Latinx-, LGBTQIA-, Native-American- and woman-owned brands on Drizly and available in a shoppers' area in one place to empower consumers to "cheers" with brands that are made for them, by them. With consumers increasingly conscious of the types of brands they purchase and support, shoppers can additionally now search by brand ownership on the platform.

Drizly introduced a strategic imperative to set the standard for DEI within the beverage alcohol industry in 2020. At that time, Drizly first launched the ability to shop by brand ownership to encourage consumers to discover products from historically underrepresented groups. Drizly also started implementing affinity month programming to celebrate and spotlight these brands and began commitments to provide financial support to organizations that are furthering justice, diversity, equity, and inclusion within and outside of beverage alcohol, amongst additional DEI efforts internally.

Brands that are interested in identifying on the platform as owned by a member of a historically underrepresented group can visit the DrizlySupplier portal to opt-in and attribute their products on Drizly.

"We have seen tremendous growth and demand for more diverse brands on Drizly over the last several years. The launch of our 'Sip with Purpose' initiative is meant to further support and invest in these brands' continued success," says Cory Rellas, Drizly CEO. "This program utilizes Drizly's e-commerce expertise, industry relationships, and consumer marketplace to bring greater awareness to these entrepreneurs and their incredible products."

To discover drinks and brand stories owned by members of historically underrepresented communities, please visit the 'Sip with Purpose' hub on Drizly. To submit an application for Drizly's 'Sip with Purpose' Brand Accelerator program and learn more, please visit the application page.

About Drizly

Drizly, an Uber company, is a leading beverage alcohol e-commerce shop. The best way to browse and buy beer, wine, and spirits, Drizly connects millions of consumers of legal drinking age with retailers in nearly two thousand cities for on-demand and scheduled deliveries of their favorite drinks. With the ability to send gifts, connect with an event-planning concierge, and shop one of the widest selections of drinks through a transparent, personalized shopping experience, Drizly helps consumers celebrate and create moments that matter. Drizly partners with thousands of retailers and suppliers helping them to reach new customers, tap into key market and customer insights, and diversify their business to grow sales. As the industry leader, Drizly is building the best shopping experience for beverage alcohol in a regulatory compliant manner that promotes a safer drinking culture. Learn more at Drizly.com, download the Drizly app (App Store and Google Play) and follow Drizly on Facebook, Twitter and Instagram.

SOURCE Drizly