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Margs, The Award-Winning, Ready-To-Drink, Canned Margarita Announces $3M Investment From Lab Capital Advisors

May 04, 2022over 3 years ago

Amount Raised

$3 Million

Round Type

seed

Description

MARGS, the ready-to-drink, bold and refreshing canned margarita, which launched last year, has just announced that Lab Capital Advisors is investing $3M in the award-winning beverage brand. This will be the first investment for Lab Capital Advisors, whose principals launched Rumble, the boxing-inspired group fitness company recently acquired by Xponential and GLOSSLAB, the hygiene-first membership based nail studio operator.

Company Information

Company

Margs

About

Launched last summer, MARGS uses top-quality tequila and ingredients to create an authentic flavor that is low in sugar, calories and carbs. As a credit to its unique formulation and consumer appeal, MARGS just received the amazing Double Gold award at its first San Francisco World Spirits Competition.