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With the beverage alcohol tech bubble's continued expansion, SevenFifty, a major beverage alcohol technology provider, is poised for big growth thanks to a round of Series B Funding.
Growth investor Level Equity is back in the market with two new funds to follow the $735m it raised across its predecessors in the strategies.
SevenFifty, a NYC-based provider of web-based and mobile technology solutions for the beverage alcohol industry, raised $23m in Series B funding. The round was led by Level Equity. In conjunction with the funding, Ben Levin, Founder and Co-CEO of Level Equity, will join SevenFifty’s board of directors. The company intends to use the funds for: continued development of its software and data services that now span nearly every area of the business, for hiring across engineering, customer support, sales, operations, and marketing, for enhancing the ability to explore future M&A prospects t...
SevenFifty Announces $23 Million Growth Equity Financing to Further Accelerate Digital Transformation for Beverage Alcohol Industry Share Article The new funding will expand SevenFifty’s footprint as the leading software and technology provider for wineries, breweries, distributors, importers, restaurants, and alcohol retailers SevenFifty’s mission is to power a connected beverage alcohol supply chain, and with this new funding we unlock the capacity to accelerate our growth and meet the demands of our partners across every category of the industry -Aaron Sherman, SevenFifty co-founder an...