About BevSpot
BevSpot is a Consumer company based in Boston (United States) founded in 2014. SaaS-based solution for bar management. BevSpot has raised $22.41 million across 5 funding rounds from investors including Bain Capital Ventures and Dorm Room Fund. Its website bevspot.com draws about 56 thousand monthly visits. BevSpot offers products and services including Faster Inventory, Smarter Ordering, Recipe Management, Analytics and Reporting, and Sales Data. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Bars. Its legal entity is BEVSPOT, INC. Its competitors include Nectar, BarTrack and Partender; 3 of its 3 listed competitors have raised funding.
Company details
BevSpot was founded in 2014 and is headquartered in Boston, United States. Operations focus on the beverage sector, where a SaaS platform is utilized for managing orders, inventory, and POS data. Insights derived from POS data are made available to support pricing decisions and inventory control. Online order processes are handled to track total expenditures, achieve cost reductions, and maintain accurate records, as noted in customer feedback.
- Headquarters Boston, United States
- SectorsConsumer
- Website category Food and Drink · Beverages
- Website bevspot.com
- Social LinkedIn X Facebook YouTube
- Legal Name Bevspot, Inc.
- Total Equity Funding$22.41M (USD)
in 5 rounds
- Latest Funding Round$5.44M (USD), Series B
Oct 2018
- InvestorsBain Capital Ventures
& 1 more
Products & Services of BevSpot
BevSpot offers a comprehensive portfolio of products and services, including Faster Inventory, Smarter Ordering, Recipe Management, Analytics and Reporting, and Sales Data.
Software for quick and accurate inventory tracking in bars.
Tool for efficient vendor ordering based on usage data.
System for tracking recipes and cost percentages.
Platform for sales data analysis and inventory insights.
Feature for monitoring item-level sales and profitability.
Apps and channels of BevSpot
its YouTube channel BevSpot has 319 subscribers and 30 videos.
Videos from BevSpot
The most watched videos on BevSpot's YouTube channel, BevSpot (319 subscribers). Click a video to play it here.
More on BevSpot.
Funding Insights of BevSpot
BevSpot has successfully raised a total of $22.41M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $5.44 million completed in October 2018. 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.
- Total Funding $22.41M
- Total Rounds 5
- Last Round Series B — $5.44M
- First Round $20,000
(Jun 2014)
- Investors Count 2
All 5 funding rounds of BevSpot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $5.44M | Series B | – | – | – |
| Jul 2016 | $11M | Series B | – | – | – |
| Jul 2015 | $5.25M | Series A | – | – | |
| Sep 2014 | $700,000 | Seed | – | – | – |
| Jun 2014 | $20,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in BevSpot
BevSpot has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bain Capital Ventures and Dorm Room Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Micro VC investments are directed toward US student-led startups. | dormroomfund.com | Boston, United States |
Investor details for BevSpot
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- Round participation
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People of BevSpot
11 people are tracked at BevSpot (6 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Matt Sheldon | Vice President of Customer Success | Leadership |
Rory Crawford | Co-Founder & CEO | Leadership |
Alex Lesman | Co-Founder & CTO | Leadership |
Andrew Doherty | Director of Product | Leadership |
Eric Bourque, CSW, WSET III | Director, Enterprise Sales And Engagement | Leadership |
Ian Sylvester | Head Of Product | Leadership |
Minshu Zhan | Senior Software Engineer | Team |
Amanda Field | Senior Product Specialist & Customer Education | Team |
Emery Ames | Product Operations Manager | Team |
Morgan Sullivan | Enterprise Customer Success Manager | Team |
Damian Singer | Customer Success Manager | Team |
Complete people profiles for BevSpot
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of BevSpot
3 dated milestones of BevSpot across 4 years, from founding to its latest funding, stage changes and deals.
- Founded BevSpot is founded.
- Funding First funding round of $20K.
- Funding Latest funding round, Series B, of $5.4M.
Competitors of BevSpot
BevSpot has 3 listed competitors in our database, 3 of them funded. They include Nectar, BarTrack and Partender.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getnectar.com | 2014 | Palo Alto, United States | $4.55M | 27 | Inventory management devices for alcohol beverage bars are provided. | |
| bartrack.beer | 2018 | Leesburg, United States | $10.7M | Pouring and inventory management solutions for bars are provided. | ||
| partender.com | 2012 | Mountain View, United States | $50,000 | Bar inventory is tracked via photo-based mobile app. |
Detailed competitors of BevSpot
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BevSpot
The website of BevSpot (bevspot.com) receives about 55.7K visits a month and ranks #281,430 among all websites worldwide, #524 in Beverages.
- Monthly visits55.7K
▼ 38.8% vs previous month
- Unique visitors19.4K
per month
- Global rank#281,430
among all websites
- Category rank#524
Food and Drink · Beverages
- Bounce rate28%
- Pages per visit9.4
- Average visit5 min 32 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with BevSpot. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tastecocktails.com | 100% | 9.7K | #2,372,469 | View details | |
| sculpturehospitality.com | 91% | 13.9K | #1,408,818 | View details | |
| chilledmagazine.com | 83% | #463,472 | View details | ||
| wisk.ai | 83% | 80.2K | #467,378 | View details | |
orders.co | orders.co | 68% | #214,136 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for BevSpot
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as BevSpot (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Bevspot
Complete news archive for BevSpot
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Frequently Asked Questions about BevSpot
BevSpot was founded in 2014.
BevSpot is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
BevSpot is a funded company, having raised a total of $22.41M across 5 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2014.
BevSpot was founded in 2014 and is headquartered in Boston, United States. Operations focus on the beverage sector, where a SaaS platform is utilized for managing orders, inventory, and POS data. Insights derived from POS data are made available to support pricing decisions and inventory control. Online order processes are handled to track total expenditures, achieve cost reductions, and maintain accurate records, as noted in customer feedback.
BevSpot offers Faster Inventory, Smarter Ordering, Recipe Management, Analytics and Reporting, and Sales Data.
BevSpot has 2 investors. Key investors include Bain Capital Ventures, and Dorm Room Fund.
BevSpot operates through Bevspot, Inc..