eBev has announced a raise of $1.5 million as it prepares a national roll out of its technology platform to Australia’s $6.4 billion wholesale beverage market.
The new shareholders are a range of professional and private investors.
Proceeds from the capital raising will allow eBev to expand its product offering and scale nationally. The funds raised will also allow eBev to build out its service offering to include all beverage types, and tools to help sales reps and payments.
eBev is now in a position to grow its member community and extend our offering across Australia. eBev’s target is to have national reach across all beverages by the end of FY17. eBev launched in NSW and is currently rolling out in Victoria and will be in Queensland and WA in the coming months.
“...Sydney-based beverage inventory management start-up eBev has raised $1.5 million in its first seed round, led by Sydney Angels, to help the platform expand interstate and build out its product offering...“Read more
“..eBev which solves the problems of multiple suppliers by aggregating the portfolios of wine and beverage suppliers in Australia to make it easier for licensed restaurants, bars and retailers to search the wholesale marketplace and send purchase orders to multiple suppliers who are all in one place...“Read more
“..A free tool for the wine trade, eBev allows anyone with a liquor license to create an account and access the wholesale wine marketplace in one location...“