BevSpot

Boston, United States Founded: 2014 • Age: 12 yrs
SaaS-based solution for bar management
Annual revenue - Latest available
Total funding $22.4M 5 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About BevSpot

BevSpot is a company based in Boston (United States) founded in 2014. BevSpot has raised $22.41 million across 5 funding rounds from investors including Bain Capital Ventures and Dorm Room Fund. BevSpot offers products and services including Faster Inventory, Smarter Ordering, Recipe Management, Analytics and Reporting, and Sales Data. BevSpot operates in a competitive market with competitors including Nectar, BarTrack, Partender, Sculpture Hospitality and SteadyServ Technologies, among others.

  • Headquarter Boston, United States
  • Sectors
    Consumer
  • Phone
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  • Website
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  • Social
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  • Legal Name Bevspot, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22.41 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5.44 M (USD), Series B

    Oct 01, 2018

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Software for quick and accurate inventory tracking in bars.

Product name locked
Category locked
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Tool for efficient vendor ordering based on usage data.

Product name locked
Category locked
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System for tracking recipes and cost percentages.

Product name locked
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Platform for sales data analysis and inventory insights.

Product name locked
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Feature for monitoring item-level sales and profitability.

People of BevSpot

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Matt Sheldon
Vice President of Customer Success
People
Rory Crawford
Co-Founder & CEO
People
Alex Lesman
Co-Founder & CTO
People
Andrew Doherty
Director of Product

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
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Micro VC investments are directed toward US student-led startups.
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Investor details for BevSpot

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by BevSpot

Investments
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Investment portfolio details for BevSpot

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  • Portfolio identities
  • Transaction dates
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Financial Statements - BevSpot

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Detailed financials for BevSpot

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Bevspot Comparisons

BevSpot Primary company
Description
SaaS-based solution for bar management
Location
Boston, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BevSpot

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of BevSpot

BevSpot 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 Nectar, BarTrack, Partender, Sculpture Hospitality and SteadyServ Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Inventory management devices for alcohol beverage bars are provided.
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Pouring and inventory management solutions for bars are provided.
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Bar inventory is tracked via photo-based mobile app.
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Inventory management solutions are provided for bars and restaurants.
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Offers inventory management solutions specifically for draft beer operations.
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Detailed competitors of BevSpot

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Latest news on Bevspot

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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.

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's top competitors include Nectar, BarTrack and Backbar.

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.

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