Bevi

About

Bevi develops a smart water dispenser that customizes flavored and sparkling beverages on demand.

Boston,Massachusetts,United States
101 - 250
http://bevi.co

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $70M
Industries: Food and Beverage,GreenTech,Hardware,Internet of Things
Founded date: Jan 1, 2013
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Hydration Labs, Inc.
Also Known As: Hydration Labs

Bevi develops a smart water dispenser that provides customizable flavors made from filtered tap water and natural ingredients. Bevi aims to eliminate waste from the production, shipping, and disposing of bottled beverages. Bevi envisions a future where a smarter platform (powered by the municipal water supply) transforms how beverages are delivered.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

13

$130.29M

Bevi has raised a total of $130.29M in funding over 2 rounds. Their latest funding was raised on Aug 9, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 9, 2022	Series D	$70M	1	Cowen Group	—	Detail
Jul 26, 2022	Series Unknown	—	1	—	—	Detail
Jan 23, 2019	Series C	$35.50M	3	Bessemer Venture Partners	—	Detail
Jul 13, 2017	Series B	$16.50M	4	Trinity Ventures	—	Detail
Dec 3, 2015	Series A	$6.50M	4	Horizons Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

17

Bevi is funded by 17 investors. Cowen Group and Massachusetts Clean Energy Center are the most recent investors.

Investor Name	Lead Investor	Funding Round
Cowen Group	Yes	Series D
Massachusetts Clean Energy Center	Yes	Grant
Bessemer Venture Partners	—	Series Unknown
Horizons Ventures	—	Series C
Trinity Ventures	—	Series C
Avenir Growth Capital	—	Series B
Tamarisc Ventures	—	Series B
Chasella	—	Series A
TechU Ventures	—	Series A
TIA Ventures	—	Seed