The round was led by VMG Partners with participation from First Round Capital, Lerer Hippeau and Toba Capital. The company, which has surpassed a $1 billion annual run rate in gross payment volume, will use the new capital to accelerate product development, expand its engineering and go-to-market teams and continue scaling its AI-enabled operating system nationwide.

Scotch is the all-in-one operating platform built exclusively for liquor retailers. Combining point-of-sale, automated inventory management, invoice reconciliation, and pricing intelligence in a single system, Scotch replaces the patchwork of legacy tools that retailers have relied on for decades. Founded by the team behind Skupos and Drizly, Scotch is backed by VMG Partners, First Round Capital and other leading technology investors. Scotch serves independent and large-format liquor retailers across the United States.