Bevi

Bevi

Smart water coolers dispensing on-demand beverages

Overview

Bevi provides smart water coolers that dispense still, sparkling, and flavored water on demand for commercial spaces. The system works as a scalable service: businesses install Bevi dispensers, which are connected to Flavor and CO2 cartridges and maintained through installation and ongoing support. Users can adjust drink options via touchless controls and a smartphone app, with the option of a 30-day free trial for Standup 2.0 to test the setup. Unlike traditional bottled-water or soda machines, Bevi emphasizes sustainability by reducing plastic waste and offering tracking of environmental impact. The product is sold or leased as a managed service, with revenue coming from equipment, consumables (flavorings and CO2), and support. Bevi targets offices, campuses, and other workplaces seeking enhanced amenities and a greener hydration solution, aiming to provide convenient, customizable drinks while lowering single-use plastic use.

About Bevi

Simplify's Rating
Why Bevi is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Social Impact

Company Size

201-500

Company Stage

Series D

Total Funding

$130.1M

Headquarters

Boston, Massachusetts

Founded

2013

People at Bevi

People at Bevi who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Bevi can capitalize on the functional beverage market projected to reach $326.5 billion by 2036[1].
  • Bevi's expansion into college campuses recorded over 200% year-over-year growth driven by Gen Z demand[1].
  • Bevi's new Prebiotics and BeviSport align with rising gut-health and electrolyte hydration trends[1].

What critics are saying

  • Aquablu's superior multi-barrier filtration undermines Bevi's carbon-only system, threatening 40-60% EU market share in 6-12 months[1].
  • Competitors like Dripl and Tru threaten Bevi's functional beverage expansion with 50-70% probability in 12-18 months[1].
  • Bevi's revenue staff layoffs and CFO appointment signal cash strain risking shutdown if $50M capital is not secured by Q4 2026[1].

What makes Bevi unique

  • Bevi is the leading connected beverage platform combining hardware, data, and innovation for commercial spaces[4].
  • Bevi offers thousands of drink combinations via its Signature Countertop with eight flavor slots and adjustable carbonation[4].
  • Bevi has saved over one billion single-use plastic bottles and cans since its 2013 founding[4].

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$130.1M

Below

Industry Average

Funded Over

7 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$70M
Bevi
$80M
Handshake
$100M
Affirm

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Remote Work Options

Hybrid Work Options

Parental Leave

Disability Insurance

Life Insurance

Wellness Program

Phone/Internet Stipend

Stock Options

Paid Holidays

Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Bevi
Mar 25th, 2025
Bevi Appoints Wajeeha Ahmed as Chief Financial Officer

Boston / March 5, 2025 - Bevi, the leading designer of Smart Water Coolers(R) and sparkling beverages for commercial spaces, today announced the appointment of Wajeeha Ahmed as its new Chief Financial Officer (CFO).

Vending International
Feb 18th, 2025
Wittenborg celebrates centenary with landmark launch of W100 Coffee Machine

What's more, by integrating into the design of the W100 the high-performance components that the hospitality sector demands, Bevi launches Smart Water Coolers has elevated this landmark product to a level far beyond other machines in its category.

Puretal Electric
Dec 14th, 2023
Plexus Bottleless Water Dispenser Named Coolest Product Made in Wisconsin

Puretalgroup is proud that Bevi has been named Best in Wisconsin by WMC and the State of Wisconsin Cool product.

Recently Posted Jobs

Sign up to get curated job recommendations

Bevi is Hiring for 19 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →