What is iPourIt?
iPourIt, Inc. is recognized 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 environments for a variety of beverages, including beer, wine, seltzer, and spirits. iPourIt's innovative technology is designed to optimize operational efficiency by reducing labor costs and minimizing waste, while simultaneously enhancing customer satisfaction and driving 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 a prominent angel investment group that provides seed funding and strategic guidance to early-stage technology companies. They are known for their active involvement in the Southern California startup ecosystem.
HBS Alumni Angels
The HBS Alumni Angels Association is a global network of Harvard Business School alumni dedicated to investing in and mentoring early-stage companies. They leverage their extensive network and expertise to support promising startups across various sectors.
Pasadena Angels, Inc.
Pasadena Angels is a non-profit organization that supports early-stage ventures, particularly those based in the Los Angeles area. They focus on providing capital and strategic advice to help startups achieve their growth objectives.
What's next for iPourIt?
With the recent infusion of major strategic capital, iPourIt is poised for accelerated growth and further innovation in the self-pour beverage technology market. The company's focus will likely be on expanding its market reach, enhancing its technological offerings, and solidifying its position as the industry standard. This strategic investment signals confidence from backers in iPourIt's business model and its potential to disrupt traditional beverage service models, paving the way for broader adoption and new partnership opportunities within the hospitality industry.
See full iPourIt company page
