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Bevi
Water dispenser for office and commercial spaces
- 201-500 employees
- B2B
- Manufacturing
- Consumer Goods
- Medford Street / The Neck, Boston, MA
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Company mission
Bevi is on a mission to unbottle the future.
23% employee growth in 12 months
Our take
Americans buy billions of water bottles per year, the manufacture of which uses millions of barrels of crude oil. This alone causes significant damage to the environment, before even considering the carbon impact of delivery or the plastic waste produced. Bevi hopes to change this, with its smart beverage-dispensing machine that only requires a tap water source to function.
Bevi’s dispensers allow smartphone users to customize their drinks, check nutrition information and track the environmental impact of their usage. With the ability to carbonate beverages as well as flavor them with natural essences, and even some caffeine and electrolytes if one wishes, Bevi has created a versatile hydration system that caters to the modern consumer on both eco-conscious and personal taste levels.
This simple and effective hydration system has become popular across industries, with over 4000 companies including Volkswagen, Netflix and Google making use of Bevi machines. The company, though having to fight through some self-admittedly "frightening" times, has raised significant funding that will support its rapid growth and expansion into new verticals and products.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Wellness and fitness reimbursements
- 401(k) with company match, and environmentally responsible investment options
- Fully employer paid disability and life insurances
- Onsite snacks and (of course) unlimited Bevi ... plus composting and terracycling, too
- Generous fully paid parental leave for both birth parents and non-birth parents
- Happy hours, pancake breakfasts, Hero awards - and more!
- Flexible PTO plus 9 company holidays, and additional paid days for sick leave, etc (including sustainability or social justice volunteer events)
- Monthly stipends for cell phone use and commuting costs
- Comprehensive medical, dental and vision insurance plans with BlueCross BlueShield, 95% paid by employer
Company values
- Put Customers First - Go beyond just satisfying them. Deliver on what they want, before they even know it
- Be Great to Work with - Some roles come with more responsibility than others, but all roles come with equal respect
- Raise the Bar Together - Learn from the losses. Celebrate the wins. Do it all together
- Act Like You Own the Business - Make decisions like you’re running the place, and then make the place even better
- Be Curious and Ask Why - Question the status quo. Encourage different ideas, and welcome challenges to your own
- Champion Sustainability - The power to save the planet comes from the power of your example
Funding (last 2 of 7 rounds)
Aug 2022
$70m
SERIES D
Jan 2019
$35.5m
SERIES C
Total funding: $130.2m
This company has top investors
Leadership
Eliza Becton
(VP of Product)Eliza's background is in user-experience design at various startups, with end-to-end experiences from ideation to market research to prototyping. Eliza graduated from the Rhode Island School of Design (RISD) with a Masters in Industrial Design, and from Yale University with a BS in Mechanical Engineering.
Frank Lee
(Co-Founder)Frank has an MBA from MIT and bachelors in chemical engineering. They began their career at P&G in operations and then brand management. Frank went on to work at the agricultural technology start-up Driptech before co-founding Bevi.
Sean Grundy
(CEO)Previously, Sean has had 3 years experience managing environmental projects at Rare. They attended MIT Sloan School of Management for their MBA and Princeton for their undergraduate degree.
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