About TendedBar
TendedBar is a company based in Franklin (United States) founded in 2014 by Jay Perkins and Justin Honeysuckle.. TendedBar has raised $9.52 million across 2 funding rounds from investors including Base Capital Partners, Platform Ventures and Craig Musgrove. TendedBar offers products and services including Automated Beverage Dispensing System and Customized Bar Design. TendedBar operates in a competitive market with competitors including 365 Retail Markets, Farmer's Fridge, Byte Foods, ZoomSystems and PicoBrew, among others.
- Headquarter Franklin, United States
- Founders Jay Perkins, Justin Honeysuckle
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Sectors
ConsumerRetail Industrial Goods & Manufacturing
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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 Tendedbar Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.52 M (USD)
in 2 rounds
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Latest Funding Round
$4.52 M (USD), Series A
Apr 09, 2024
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Investors
Base Capital Partners
& 2 more
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Employee Count
Employee Count
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Products & Services of TendedBar
TendedBar offers a comprehensive portfolio of products and services, including Automated Beverage Dispensing System and Customized Bar Design. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for efficient, automated pouring of cocktails in hospitality venues.
Professional service for building tailored automated bars in 45 days.
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Funding Insights of TendedBar
TendedBar has successfully raised a total of $9.52M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.52 million completed in April 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $4.5M
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First Round
First Round
(22 Dec 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - TendedBar | Valuation |
investors |
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| Dec, 2021 | Amount | Series A - TendedBar | Valuation | Base Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TendedBar
TendedBar has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Base Capital Partners, Platform Ventures and Craig Musgrove. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Platform Ventures is engaged in entrepreneurial real estate investments.
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Founded Year | Domain | Location | |
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CM
Craig Musgrove |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TendedBar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TendedBar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tendedbar Comparisons
Competitors of TendedBar
TendedBar 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 365 Retail Markets, Farmer's Fridge, Byte Foods, ZoomSystems and PicoBrew, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart vending solutions are provided for offline retailers and businesses.
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| domain | founded_year | HQ Location |
Automated vending machines for fresh meals and snacks are operated.
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| domain | founded_year | HQ Location |
Healthy food options are delivered to workplaces via refrigerated dispensers.
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| domain | founded_year | HQ Location |
Automated retail platforms are developed for unattended points-of-sale.
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| domain | founded_year | HQ Location |
Home brewing equipment and a marketplace are provided by PicoBrew.
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| domain | founded_year | HQ Location |
Smart vending machines for non-perishable foods are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tendedbar
Frequently Asked Questions about TendedBar
When was TendedBar founded?
TendedBar was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is TendedBar located?
TendedBar is headquartered in Franklin, United States.
Who is the current CEO of TendedBar?
Jay Perkins is the current CEO of TendedBar. They have also founded this company.
Is TendedBar a funded company?
TendedBar is a funded company, having raised a total of $9.52M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 22, 2021.
What does TendedBar do?
TendedBar was founded in 2014 in Franklin, United States, as a manufacturer in the automated dispensing sector. Automated touch-screen machines known as Tended Tech are produced, enabling on-demand alcoholic drink services with multiple combinations. These systems are deployed in stadiums, arenas, bars, restaurants, hotels, resorts, and casinos. Facial recognition technology is integrated for enhanced functionality. Operations focus on providing self-service beverage solutions.
Who are the top competitors of TendedBar?
TendedBar's top competitors include 365 Retail Markets, Farmer's Fridge and Stockwell.
What products or services does TendedBar offer?
TendedBar offers Automated Beverage Dispensing System and Customized Bar Design.
Who are TendedBar's investors?
TendedBar has 3 investors. Key investors include Base Capital Partners, Platform Ventures, and Craig Musgrove.