Bevz, a SaaS platform for independently operated and small chain liquor and convenience stores, recently secured $3.1 million in funding to fuel its next phase of growth. Dynamism Capital and Golden Section Ventures co-led the round that will go toward increasing sales and marketing efforts, expanding nationally and adding product development and customer success resources.
Bevz offers all-in-one solutions for convenience stores to purchase and manage inventory as well as sign up and combine with e-commerce apps. The platform has more than 15 API integrations with solutions like Uber, Stripe, Core-Mark and DocuSign.
The company has made significant achievements since pivoting from a delivery app to a B2B SaaS platform. This transition enabled it to reach hundreds of convenience stores across 10 states in the U.S. and triple its annual recurring revenue year-over-year. Bevz also recently announced partnerships with DoorDash and GrubHub to expand its reach.
