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Milestone Brands

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A manufacturer and producer of premium flavored beverages and spirits

Austin, United StatesFounded 2016Food
Valuation $50–100M Last recorded · 2018
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Milestone Brands and the history behind them.

About Milestone Brands

Based in Austin, Texas, Milestone Brands LLC operates as a privately held manufacturer and marketer in the premium spirits industry. The company was established in February 2016 by Eric Dopkins and Chad Auler, both veterans of the beverage sector and instrumental figures in the success of Deep Eddy Vodka. Dopkins, with over 25 years in the industry, including leadership roles at Diageo, Pernod Ricard, and as CEO of Deep Eddy Spirits, serves as CEO and Chairman. Auler, a sixth-generation Texan with a background in his family's wine business, Fall Creek Vineyards, and co-founder of Deep Eddy Vodka, is the President. Their collective experience, stemming from a desire to build something new after their tenure at Deep Eddy, forms the foundation of Milestone's strategy.

The company's business model centers on acquiring, innovating, and building high-growth potential spirit brands. It generates revenue through the sale and distribution of its portfolio of alcoholic beverages via a national network of distributors and retail partners. In early 2023, Milestone announced a national alignment with Republic National Distributing Company (RNDC) to manage its portfolio across 33 states, aiming to leverage RNDC's extensive network to expand the reach of its brands. The company's growth is also fueled by strategic investments, having raised over $58M in funding and securing a partnership with BDT Capital Partners in 2022 to fund major acquisitions.

Milestone's first acquisition was Dulce Vida Spirits in May 2016, which included the USDA-certified organic Dulce Vida Tequila. This was quickly followed by the acquisition of American Born Moonshine in June 2016. The portfolio has since expanded significantly and includes a diverse range of spirits. Notable brands include Empress 1908 Gin, a super-premium gin known for its unique color, which Milestone acquired along with its producer Victoria Distillers in 2022. The tequila offerings are robust, featuring Campo Bravo, a brand created with 5th generation agave farmers, and Dulce Vida, which also offers ready-to-drink (RTD) products. The portfolio is rounded out with Naranja Orange Liqueur, an authentic Mexican liqueur; American Born Whiskey and Moonshine; and the recently launched Dirty Monkey Banana Peanut Butter Whiskey.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Austin, United States
Employees
83
Open positions
2
Dealroom signal
69.4/100
Industry
Food
Sector
Food, Hard Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
2 companies, latest Jul 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Mar 2022 $5M $20M Undisclosed —
LATE VCOther financing Jan 2021 $21M $85M Undisclosed —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Milestone Brands website traffic

Latest recorded traffic for Milestone Brands is 920 monthly website visits, down 29.2% over the last three months. Milestone Brands's team declined 3.5% over the past year.

Latest monthly visits920 3-month web change-29.2% 1-year team growth-3.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Kelly Perdew
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.3%
🇨🇦 Canada2.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Milestone Brands on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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