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 C 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

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Simplify's Take

What believers are saying

  • Bevi can expand in hotels, colleges, and residential amenity spaces.
  • A 12-city summer tour can increase brand awareness and enterprise lead generation.
  • Functional beverages like caffeine, electrolytes, and prebiotics broaden repeat purchase occasions.

What critics are saying

  • Quench and Culligan now sell Bevi units, intensifying channel conflict and pricing pressure.
  • Installation complexity and service dependence can slow enterprise rollout and hurt renewals.
  • CO2 cartridge supply and pricing directly affect sparkling-water economics and customer adoption.

What makes Bevi unique

  • Bevi offers still, sparkling, flavored, and enhanced water from one bottleless machine.
  • Its smart coolers track usage, inventory, and environmental impact in real time.
  • Bevi positions hydration as an office amenity, not a commodity water dispenser.

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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

-1%

2 year growth

-1%
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.

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