Cleveland Avenue

Cleveland Avenue is a venture capital firm based in Chicago, founded in 2015. The firm makes investments across seed, early, later, and growth stages, with a focus on food and beverage companies, lifestyle consumer brands, AgTech, and technology businesses. It provides capital and strategic support to startups seeking to scale product offerings, expand into new markets, and build operational capabilities. As an investment adviser, Cleveland Avenue combines financial backing with hands-on guidance to help portfolio companies achieve long-term growth.

Matthew Wellington Burns

Senior Associate, Investments

Fernando Carranza

Senior Associate

Harry Coaxum

Managing Partner

Walker Cullinan

Investment Analyst

Fabian Gosselin

Investor

Past deals in Beer

Sustainable Beverage Technologies

Series C in 2022
Sustainable Beverage Technologies Inc. is a Colorado-based company specializing in the production of beer and soda concentrates. The company utilizes its patented BrewVo brewing process to create carbonated beverages and wine products, which can be easily mixed with water and carbon dioxide for convenient consumption. This innovative approach is particularly designed for hikers and adventurers, allowing them to enjoy flavorful beer while on the go. Founded in 2010, Sustainable Beverage Technologies, previously known as Pat's Backcountry Beverages, also operates an online store selling branded merchandise such as water bottles, hats, and apparel. The company is committed to enhancing efficiencies in brewing and distribution, positioning itself as a unique player in the beverage industry.

Sustainable Beverage Technologies

Venture Round in 2021
Sustainable Beverage Technologies Inc. is a Colorado-based company specializing in the production of beer and soda concentrates. The company utilizes its patented BrewVo brewing process to create carbonated beverages and wine products, which can be easily mixed with water and carbon dioxide for convenient consumption. This innovative approach is particularly designed for hikers and adventurers, allowing them to enjoy flavorful beer while on the go. Founded in 2010, Sustainable Beverage Technologies, previously known as Pat's Backcountry Beverages, also operates an online store selling branded merchandise such as water bottles, hats, and apparel. The company is committed to enhancing efficiencies in brewing and distribution, positioning itself as a unique player in the beverage industry.

Sustainable Beverage Technologies

Venture Round in 2020
Sustainable Beverage Technologies Inc. is a Colorado-based company specializing in the production of beer and soda concentrates. The company utilizes its patented BrewVo brewing process to create carbonated beverages and wine products, which can be easily mixed with water and carbon dioxide for convenient consumption. This innovative approach is particularly designed for hikers and adventurers, allowing them to enjoy flavorful beer while on the go. Founded in 2010, Sustainable Beverage Technologies, previously known as Pat's Backcountry Beverages, also operates an online store selling branded merchandise such as water bottles, hats, and apparel. The company is committed to enhancing efficiencies in brewing and distribution, positioning itself as a unique player in the beverage industry.

Sustainable Beverage Technologies

Series A in 2018
Sustainable Beverage Technologies Inc. is a Colorado-based company specializing in the production of beer and soda concentrates. The company utilizes its patented BrewVo brewing process to create carbonated beverages and wine products, which can be easily mixed with water and carbon dioxide for convenient consumption. This innovative approach is particularly designed for hikers and adventurers, allowing them to enjoy flavorful beer while on the go. Founded in 2010, Sustainable Beverage Technologies, previously known as Pat's Backcountry Beverages, also operates an online store selling branded merchandise such as water bottles, hats, and apparel. The company is committed to enhancing efficiencies in brewing and distribution, positioning itself as a unique player in the beverage industry.
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