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.
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Past deals in Spirits
Rare Hare Spirits
Convertible Note in 2022
Rare Hare Spirits is a curator of rare and exceptional spirits, sourcing from across the globe.
Apologue
Convertible Note in 2022
Founded in Chicago in 2016, Apologue produces and markets premium liqueur drinks crafted from entirely natural, non-GMO ingredients. Each expression features a unique regional ingredient, resulting in delicious, adventurous, and versatile liqueurs that cater to discerning consumers seeking natural cocktail options.
Ten To One Rum
Series A in 2022
Ten to One Rum is a wine company that builds a brand grounded in authentic elements of culture and heritage with a narrative that is both compelling and contemporary. They provide white and dark oak ex-bourbon cask rums.
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