Funding

[Funding alert] Scotland-based Bevvy Secures $1.5M in Seed Funding

Jan 13, 2024 | By Startup Rise EU

Scotland-based Bevvy Secures $1.5M in Seed Funding. Existing shareholders, a family office in Denver, Colorado, and angel investors from Scotland all engaged in the round.

Scotland-based Bevvy Secures $1.5M in Seed Funding. Existing shareholders, a family office in Denver, Colorado, and angel investors from Scotland all engaged in the round.

The company plans to broaden its consumer base into new areas and increase its market share through the usage of the funds. led by the CEO Bevvy is a technology-driven platform for discovering whisky that runs on iOS and Android smartphones.

Read also -  Zurich-based Payment Fintech Company Rivero Secures €6.3 Million in Series A Round Funding

The fundamental component that enables any smartphone camera to scan and recognise any bottle of whisky is proprietary image capturing software.

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With 150,000 photos, retail and auction prices, and sentiment analysis, the database creates a dynamic, real-time valuation that it shares with its 120,000 frequent, active users.

Read also - London-based shaka Secures €1 Million in Seed Funding

Following a bottle's scanning, the whisky is profiled, with information from professional tasting notes, distillery and bottler overviews, and dynamic pricing data populating the profile. Customers frequently rate whiskies on the app.

About bevvy®

Through user-facing Android and iOS mobile applications, bevvy® is a technology-driven whisky discovery platform. Fundamentally, it is a top-tier, in-house picture taking programme that lets any smartphone camera read and recognise any whisky bottle.

Read also - Spanish Mobility Company Cabify was Secures €15 Million loan from BBVA Spark

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