SipMARGS is a NYC-based ready-to-drink sparkling margarita brand led by CEO Justin Nabozna. Its beverages are made from premium tequila blanco, natural ingredients, real fruit juice, real cane sugar and sparkling water. The product is offered in five flavors: Classic, Mango, Coconut, Mezcal and Spicy, and is gluten free, vegan and dairy free. Each 12 oz can has 5% ABV, contains 130 calories and 6 grams of sugar. The company retails 4-packs for $10.99 and variety 8-packs for $18.99. SipMARGS plans to use the new funding to install a new leadership team, enhance formulation, upgrade packaging and consolidate its market positioning. sipMARGS produces premium canned margaritas available in five authentic flavors and bottled at 5% ABV. The product is positioned as a low-sugar, low-calorie, and low-carb ready-to-drink cocktail. The company launched in the spring of 2021 and is led by CEO Justin Nabozna. sipMARGS is based in New York City. It recently raised capital to support geographic expansion. The company plans to expand availability into Michigan, Ohio, and Connecticut, with additional rollouts including Virginia and California in 2024. MARGS produces ready-to-drink, canned margaritas using top-quality tequila and ingredients formulated to be low in sugar, calories and carbs. Launched last summer, the brand offers five full-bodied flavors: Classic, Mango, Coconut, Mezcal, and Spicy, positioned as affordable sparkling cocktails. MARGS won a Double Gold award at its first San Francisco World Spirits Competition and initially launched in New York, New Jersey and Florida. The product is currently available at marquee stadiums and venues including MetLife Stadium, Highmark Stadium, UBS Arena, and Tao Group. Co-founders Joey Angelo and Brian Axelrod bring nearly forty years of combined wine and spirits experience from prior roles including VIVA XXXII Tequila and Proper 12. The company announced a $3M investment from Lab Capital Advisors and plans to move its headquarters to the Labs NYC-based incubator.

Total raised

$8M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2025