Bevvy, a Port Charlotte, Scotland, UK-based technology-led whisky discovery platform, raised $1.5M in Seed funding.
The round saw participation from from Scotland-based angel investors, existing shareholders and a Denver (US) based family office.
The company intends to use the funds to consolidate its market share and grow its consumer audience into new territories.
Led by CEO Bevvy is a technology-led whisky discovery platform that operates via Android and iOS mobile applications. At its core, there is proprietary image capturing software that allows any mobile camera to scan and identify any bottle of whisky.
The database includes 150,000 images and tracks retail and auction pricing whilst also monitoring market sentiment in order to arrive at a dynamic, live valuation which it shares with its 120,000, regular active users. Once a bottle is scanned, the whisky is profiled with content populated by distillery and bottler overviews, dynamic pricing data and expert tasting notes. Whiskies are routinely rated by consumers within the app.
FinSMEs
10/01/2024