What is iPourIt?
iPourIt, Inc. stands as the nation's foremost provider of self-pour beverage dispense technology, boasting an impressive installation base of over 6,000 taps and having dispensed more than 200 million ounces of beverages. The company specializes in partnering with hospitality operators and entrepreneurs to cultivate engaging self-serve experiences for a diverse range of beverages, including beer, wine, seltzer, and spirits. iPourIt's proprietary technology is engineered to optimize operational efficiency by reducing labor costs and minimizing waste, while simultaneously enhancing customer satisfaction and driving increased profitability for its clients.
How much funding has iPourIt raised?
iPourIt has raised a total of $2.4M across 3 funding rounds:
Series A
$2M
Debt
$150K
Debt
$216K
Series A (2015): $2M with participation from Tech Coast Angels, HBS Alumni Angels, and Pasadena Angels, Inc.
Debt (2020): $150K led by PPP
Debt (2021): $216K supported by PPP
Key Investors in iPourIt
Tech Coast Angels
Tech Coast Angels is an angel investment group that provides funding and mentorship to early-stage technology companies. They are known for their active participation in the Southern California startup ecosystem.
HBS Alumni Angels
The Harvard Business School Alumni Angels Association (HBSAA) is a global angel network focused on investing in early-stage companies. They offer educational opportunities and networking for their members, and have a significant track record of funding startups.
Pasadena Angels, Inc.
Pasadena Angels is a non-profit organization that supports early-stage ventures in the Los Angeles area by providing capital and strategic guidance. They focus on fostering innovation and growth within the regional startup community.
What's next for iPourIt?
With its recent major strategic investment, iPourIt is poised for accelerated growth and market penetration. The company's focus on innovation in self-pour technology, coupled with its proven ability to enhance profitability and customer experience in the hospitality sector, positions it for continued success. Future endeavors will likely involve expanding its technological capabilities, increasing its tap installations across new markets, and forging deeper partnerships within the enterprise hospitality landscape. The substantial backing indicates a strong investor confidence in iPourIt's business model and its potential to redefine beverage service.
See full iPourIt company page
