Margs, The Award-Winning, Ready-To-Drink, Canned Margarita Announces $3M Investment From Lab Capital Advisors
Margs, The Award-Winning, Ready-To-Drink, Canned Margarita Announces $3M Investment From Lab Capital Advisors
05/04/22, 9:01 AM
Money raised
$3 million
Round Type
seed
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 Info
Additional Info
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.