Bevz
company on 1 show · 18 statements across 2 episodes · said 14 times in 2 episodes since 2023
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the Pitch 14
2025 6 mentions in 1 episode
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18 statements about Bevz, every show
Bevz closes $3.1M round after last-minute $1.3M term sheet
“At the very last minute, an investor swooped in with a new term sheet for 1.3 million, bringing Jason's total fund raise to 3.1 million dollars.”
Vigo: Bevz Closed $1.6M Round With 90% Wired
“I filled the rest of the round. It was a one-six round, and we have about 90% of that wired.”
Vigo: Hustle Fund Completed Its Investment in Bevz
“Elizabeth invested. Hustle Fund is part of the team, and we've been working with them a little bit.”
Vigo: Bevz Restructured Equity Tranches at $40M and $80M Valuations
“So we tied it to a company valuation. And so we did two valuations. So it's at a 40 and an eighty million valuation. I'll get two buckets of equity.”
Charles Hudson would probably invest in Bevz at 20% founder equity
“I would be happier at 22, but I'd probably do it at 20.”
Vigo: Bevz is raising $1.6M at a $9M cap with $1.3M committed
“So we're doing a nine million post-money valuation cap another convertible note raising the 1.6, and we have one three committed already.”
Vigo: 7-Eleven, Circle K, Shell, and Chevron stores use Bevz
“So actually today we have Seven-elevens, Circle K, Shell, Chevrons on our platform. Very few.”
Vigo reveals he owns only 14% equity in Bevz
“So I have 14%. Our founding team together has about 70%, so it's a combo of me, my co-founder Victor, and my CTO.”
Neil Bloom passes on Bevz over portfolio conflict with Mercado
“Unfortunately, I have a pretty close competitor in the space called Mercado. They're doing inventory for markets, independent grocers, and bodegas, and they've picked up on this as well, too, where they're able to digitize revenue for offline stores, and now t…”
Bevz generates $44K monthly from advertising partners
“Then actually right now we're doing 44,000 dollars in average monthly revenue from advertising partners.”
Bevz targets $1.6M raise to hit $3M ARR run rate
“And today we're raising 1.6 million dollars that we're going to use to acquire 2000 convenience stores, build six more product integrations, and reach a three million dollar run rate ARR before we raise our next round.”
Bevz reports 330 stores, 21% monthly growth, and 99% retention
“Today we have 330 stores using the SaaS platform. We're growing 21% every month. We have a 95% conversion from free trial to paid subscription. And we have a 99% monthly retention.”
Charles Hudson would likely invest if Vigo reaches 20% equity
“I would be happier at 22, but I'd probably do it at 20.”
Vigo: Bevz is raising $1.6M at a $9M cap with $1.3M committed
“So we're doing a nine million post-money valuation cap another convertible note raising the 1.6, and we have one three committed already.”
Vigo: Bevz has 7-Eleven, Circle K, Shell, and Chevron locations on platform
“So actually today we have Seven-elevens Circle K, Shell, Chevrons on our platform. Very few.”
Bevz Founder Jason Vigo Discloses He Owns Only 14% Equity
“So I have 14%... Our founding team together has about 70%, so it's a combo of me, my co-founder Victor, and my CTO.”
Bevz Raised $930,000 Across Friends-and-Family, Accelerator, and Pre-Seed Rounds
“Yep, so we've raised 930,000 total to date. That came in a few chunks. So we did a 300,000 dollar family and friends round in 2019. We were a very different company before this. We were an alcohol delivery marketplace, if you're familiar with Drizzly. Yeah, we…”
Neal Bloom Recuses From Pitch Due to Portfolio Conflict With Mercado
“Unfortunately, I have a pretty close competitor in the space called Mercado. They're doing inventory for markets, independent grocers, and bodegas, and they've picked up on this as well, too, where they're able to digitize revenue for offline stores, and now t…”