Cleveland Avenue

Cleveland Avenue deals with seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. They bring unparalleled resources and expertise to support remarkable companies and the people behind them.

Donald Thompson

CEO, Founder

Past deals in Beverages

Hero Bread

Series B in 2023
Hero Bread is a food product company that specializes in providing nutritious foods. The company is headquartered in San Francisco, USA.

Partake Foods

Series B in 2022
Partake Foods, Inc. is a food company that specializes in producing allergy-friendly cookies. Founded in 2016 and headquartered in Jersey City, New Jersey, the company offers a range of products that are nut-free, gluten-free, vegan, and free from the top 12 allergens, catering to families seeking safe and tasty snack options. The product lineup includes various flavors such as sprouted grain chocolate chip, double chocolate chip, sweet potato millet, carrot oat, and birthday cake mini cookies. Partake Foods sells its products online, allowing customers to enjoy healthy snacks conveniently.

Bright Cellars

Series B in 2021
Bright Cellars Inc. operates an online wine subscription service that personalizes wine selections for its members. Founded in 2014 and headquartered in Milwaukee, Wisconsin, the company employs a questionnaire and customer feedback to understand individual tastes and preferences. Using a machine-learning algorithm, Bright Cellars generates tailored wine recommendations that are shipped monthly to subscribers, helping them discover and refine their wine palate. The service also includes options for gifting wine, making it accessible for users to share their experience with friends. Bright Cellars aims to educate and inspire a new generation of wine enthusiasts through a curated and transformative wine experience.

Bartesian

Series A in 2021
Bartesian Inc. manufactures a cocktail machine that makes cocktails from capsules in home. It offers Bartesian, a robotic bartender that uses pre-mixed ingredient cups with different alcoholic choices to get a homemade martini or cosmo at the press of a button. The company was formerly known as MaxMixology Inc. and changed its name to Bartesian Inc. in January 2015. Bartesian Inc. was incorporated in 2014 and is headquartered in Chicago, Illinois.

Beyond Meat

Series H in 2018
Beyond Meat, Inc. is a food company that manufactures and sells plant-based meat products both in the United States and internationally. Founded in 2009 and headquartered in El Segundo, California, Beyond Meat operates under various trademarks, including Beyond Burger and Beyond Sausage. The company distributes its products through multiple channels, including grocery stores, restaurants, and schools. Beyond Meat aims to address global concerns related to human health, climate change, resource constraints, and animal welfare. Its plant-based products are crafted using non-GMO ingredients and offer comparable or superior protein levels to traditional meat while being free from cholesterol, antibiotics, and hormones.

Bright Cellars

Venture Round in 2018
Bright Cellars Inc. operates an online wine subscription service that personalizes wine selections for its members. Founded in 2014 and headquartered in Milwaukee, Wisconsin, the company employs a questionnaire and customer feedback to understand individual tastes and preferences. Using a machine-learning algorithm, Bright Cellars generates tailored wine recommendations that are shipped monthly to subscribers, helping them discover and refine their wine palate. The service also includes options for gifting wine, making it accessible for users to share their experience with friends. Bright Cellars aims to educate and inspire a new generation of wine enthusiasts through a curated and transformative wine experience.
Sustainable Beverage Technologies focuses on unlocking unprecedented efficiencies in brewing, distribution, and draft beer. The company's brewery specializes in producing beer concentrate that mixes with water and carbon dioxide in a bottle, enabling hikers and adventurers to get the taste of delicious beer while traveling. It was incorporated in 2010 and is based in Denver, Colorado.

Beyond Meat

Series G in 2017
Beyond Meat, Inc. is a food company that manufactures and sells plant-based meat products both in the United States and internationally. Founded in 2009 and headquartered in El Segundo, California, Beyond Meat operates under various trademarks, including Beyond Burger and Beyond Sausage. The company distributes its products through multiple channels, including grocery stores, restaurants, and schools. Beyond Meat aims to address global concerns related to human health, climate change, resource constraints, and animal welfare. Its plant-based products are crafted using non-GMO ingredients and offer comparable or superior protein levels to traditional meat while being free from cholesterol, antibiotics, and hormones.

SomruS

Venture Round in 2017
SomruS is an exotic, luxurious blend of cardamom, saffron, almond, pistachio & rose, awarded 94 points by Wine Enthusiast.

Bhakti

Series B in 2017
Bhakti, Inc. is a company based in Boulder, Colorado, that specializes in producing chai concentrates, iced chai beverages, dry tea products, and ready-to-drink products. Founded in 2002, the company prioritizes sustainability by sourcing ingredients that are Fair Trade, Non-GMO, and organic. Bhakti offers a diverse range of iced chai bottles in six varieties, including Original, Decaf, Coffee Blend, Semi-Sweet, Almond Blend, and Toasted Coconut Almond Blend. Its concentrate products are available in various sizes, such as quarts, half gallons, and gallons, and can be found in retailers like Whole Foods and Costco, as well as in cafes across the United States. Bhakti is committed to ethical business practices, aligning with the principles of B Corp and the triple bottom line approach.

Drink Simple

Venture Round in 2017
Maple water is pure sap from the maple trees. It's a common misconception that all sap is sticky. Maple sap actually looks and feels just like regular water. The main difference is that maple water goes through a natural process that infuses it with nutrients. In early spring, maple trees pull water from the ground and filter it through their roots. This water collects nutrients stored in the tree all winter and provides hydration and nourishment that enable the tree’s growth and rejuvenation in the spring renewal season.

Beyond Meat

Series F in 2016
Beyond Meat, Inc. is a food company that manufactures and sells plant-based meat products both in the United States and internationally. Founded in 2009 and headquartered in El Segundo, California, Beyond Meat operates under various trademarks, including Beyond Burger and Beyond Sausage. The company distributes its products through multiple channels, including grocery stores, restaurants, and schools. Beyond Meat aims to address global concerns related to human health, climate change, resource constraints, and animal welfare. Its plant-based products are crafted using non-GMO ingredients and offer comparable or superior protein levels to traditional meat while being free from cholesterol, antibiotics, and hormones.