About Bevi
Bevi is a company based in Boston (United States) founded in 2013 by Sean Grundy. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Bevi has raised $135.53 million across 9 funding rounds from investors including Bessemer Venture Partners, TD Securities and MassCEC. The company has 102 employees as of December 31, 2022. Bevi offers products and services including Standup 2.0, Countertop, Standup 1.5, and Flavors & Enhancements. Bevi operates in a competitive market with competitors including Byte Technology, Lavit, Lambda Tea Corporation, Hydro-Photon and Stonehouse Water, among others.
- Headquarter Boston, United States
- Employees 102 as on 31 Dec, 2022
- Founders Sean Grundy
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Sectors
ConsumerRetail Environment Technology
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Email
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Phone
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Website
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Social
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- Legal Name Hydration Labs, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$135.53 M (USD)
in 9 rounds
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Latest Funding Round
$75.21 M (USD), Series D
Aug 09, 2022
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Investors
Bessemer Venture Partners
& 9 more
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Employee Count
102
as on Dec 31, 2022
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Products & Services of Bevi
Bevi offers a comprehensive portfolio of products and services, including Standup 2.0, Countertop, Standup 1.5, and Flavors & Enhancements.
Freestanding smart water cooler with customizable hydration options.
Compact bottleless water dispenser for smaller business spaces.
Refurbished water cooler designed for sustainable hydration solutions.
Customizable flavors and enhancements for healthier hydration choices.
People of Bevi
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Software Development Team
25 people
Leadership Team
7 people
Operations Team
6 people
Product Management Team
6 people
Senior Team
4 people
Human Resources and Administration
2 people
Creative and Marketing Team
2 people
Finance and Accounting
2 people
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Funding Insights of Bevi
Bevi has successfully raised a total of $135.53M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $75.21 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Bevi
Bevi has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, TD Securities and MassCEC.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Horizons Ventures is focused on investing in deep science and technology.
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Venture capital firm investing in early-stage technology and real estate companies.
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Investor details for Bevi
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Investments & Acquisitions by Bevi
Investment portfolio details for Bevi
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Financial Statements - Bevi
Detailed financials for Bevi
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Bevi Comparisons
Peer comparison for Bevi
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Competitors of Bevi
Bevi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Byte Technology, Lavit, Lambda Tea Corporation, Hydro-Photon and Stonehouse Water, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Smart vending machines for fresh packaged foods are provided.
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Single-serve cold beverage systems are provided using recyclable capsules.
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Self-serve bubble tea machines are manufactured for vending operations.
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Developer of an ultraviolet technology for providing water treatment solutions
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IoT enabled water purification system manufacturer
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Detailed competitors of Bevi
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Latest news on Bevi
Complete news archive for Bevi
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Frequently Asked Questions about Bevi
Bevi was founded in 2013.
Bevi is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Sean Grundy is the current CEO of Bevi. They have also founded this company.
Bevi is a funded company, having raised a total of $135.53M across 9 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Bevi is 102.
Bevi is engaged in offering smart water dispensers and coolers for various commercial spaces including offices, hotels, gyms, and healthcare facilities. Solutions are provided through innovative bottleless systems that connect to existing water supplies, delivering filtered and customizable hydration options. Sectors served include retail, manufacturing, airports, and universities, with a focus on sustainability by reducing plastic waste. Products like Standup 2.0 and Countertop models are designed to fit diverse business environments with advanced filtration and flavor enhancements.
Bevi's top competitors include Byte Technology, Lavit and Stonehouse Water.
Bevi offers Standup 2.0, Countertop, Standup 1.5, and Flavors & Enhancements.
Bevi has 10 investors. Key investors include Bessemer Venture Partners, TD Securities, MassCEC, Techstars, and Horizons Ventures.