Details

Last Funding Type

Series C

Last Funding Money Raised

$1.75M

Industries

Legal

Founded date

Jun 1, 2002

Number Of Employee

11 - 50

Operating Status

Active

Founded in June 2002, Progressive Beverages LLC is an importer and marketer of premium distilled spirits from Asia. Based in Los Angeles, CA, Progressive is the first and only American brand owner to commercialize soju in the mainstream U.S. market. Soju, which means “fiery spirits,” is a traditional Asian liquor with product characteristics similar to premium vodka or gin. Soju is the best selling spirits category in the world with annual worldwide sales of over $14 billion (200 million cases) in 80 countries. Soju outsells vodka almost 4 to 1 on a worldwide basis, but is relatively unknown in the U.S. Progressive is changing this lack of awareness in the American market with two outstanding products: Tori Kai Premium Soju and Han Soju. Discover why Progressive and its soju products have the American wine and spirits market buzzing.