SevenFifty Technologies
Latest round
- Series B
Last raised
- May 2021
Total raised
- $32M
Investors
- 3
About SevenFifty Technologies
SevenFifty Technologies, Inc.Founded in 2011 and headquartered in New York, US, SevenFifty Technologies, Inc. operates a unified platform tailored for the beverage alcohol sector. The company was co-founded by Aaron Sherman and Gianfranco Verga, with Sherman serving as the CEO.00 mn.SevenFifty offers a comprehensive online marketplace designed specifically for the beverage alcohol industry, connecting wholesale buyers, distributors, and suppliers in a streamlined platform. Their core product offerings include a unified marketplace where customers can browse an extensive portfolio of wine, beer, and spirits, facilitating direct interactions between buyers and sales representatives. The platform features advanced search and filtering tools that allow users to easily locate new and in-stock products, while features such as in-app chat, order tracking, and purchasing history enhance the customer experience.S. market, catering to a diverse client base that includes thousands of buyers, distributors, and producers, all seeking efficient solutions to manage their beverage inventory and sales processes.SevenFifty generates revenue through transaction-based interactions within its marketplace, where buyers place orders for a wide array of beverage products offered by multiple distributors. The company operates on a B2B model, facilitating partnerships between wholesalers and retailers, allowing for direct purchasing and streamlined order fulfillment. Clients engage with the platform to order products, request samples, and inquire about pricing and availability, ensuring a responsive and efficient transaction process. Although specific pricing structures are not disclosed, the marketplace employs transactional fees associated with orders or subscriptions from distributors seeking to list their offerings.00 mn, SevenFifty Technologies, Inc. plans to allocate these funds toward the development of its software and data services. The company is focused on enhancing its marketplace features and may explore expansion into additional markets, aiming to broaden its geographical reach and client base to better serve the beverage alcohol industry.
Who invested in SevenFifty Technologies
3 investors across 2 rounds
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Questions about SevenFifty Technologies
Who invested in SevenFifty Technologies?
SevenFifty Technologies has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SevenFifty Technologies raised?
SevenFifty Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did SevenFifty Technologies last raise money?
SevenFifty Technologies's most recent round on record is a Series B, in May 2021.
What does SevenFifty Technologies do?
SevenFifty Technologies is a software company.
Where is SevenFifty Technologies headquartered?
SevenFifty Technologies is headquartered in New York, US.
Which VCs invest in companies like SevenFifty Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SevenFifty Technologies's stage. Their profiles are linked below.
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