How to Build a Smarter Water Cooler
Summary
The startup is testing other flavors, such as unsweetened lemon, and is working on adding things like vitamin C. Co-founder and CEO Sean Grundy has a simple goal: “Get rid of bottled water,” he says.Bevi raised a $1.5 million seed round earlier this summer, led by Tamarisc, a West Coast venture fund focused on energy efficiency and environmental startups.“I think the in-office beverage space is going to be a big place for disruption of the next few years,” says Ben Einstein, managing director at Bolt, a hardware-focused venture fund and workspace that’s not involved with Bevi.“Manufacturing is tough for any first-time hardware team, but low-ish volume and working with commodity parts and processes takes much of the risk away.” Grundy originally came at the business from the sustainability side of things.Until the team works out the initial kinks, Grundy says, “we don’t want to be putting engineers on planes.” So far, customers skew towards tech companies with 50-plus people: LoopPay (now part of Samsung), Veracode, Cytel, and Techstars, to name a few.
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