Somabar
Somabar is an automated bartending assistant for hotels, restaurants, lounges, and bars.
Business Model:
Revenue: $0
Employees: 1-10
Industries / Tags:
Detailed Somabar Information
Geographic Data
Address: 1109 Westwood Blvd
City: Los Angeles
State: CA
Zip: 90024
Country: US
Financial Info
Stage:
convertible note
Raised Last:
$0
Raised Total:$2M
Social
Metrics
5,207,214Website Global Rank
1,757Website Monthly Traffic
Twitter Followers
Description
Somabar is a robotic bartending assistant that contains an unlimited and customizable digital bar menu able to make any listed cocktail in 10 seconds from the Somabar machine. The technology features automated cleaning and is virtually indestructible, rated for 1500 hours of continual use, the equivalent of 500,000 drinks. Industry beta testing conducted at various restaurant locations in Los Angeles has indicated that Somabar increases beverage revenue by 30% (on average) and decreases beverage labor costs by 65% (on average).
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2020 | Convertible Note | 1 | - |
Tech Coast Angels Tech Coast Angels |
5/2015 | Debt Financing | $365k | 10/2014 | Seed Round | 1 | $230k |
Tech Coast Angels Tech Coast Angels |
12/2016 | Convertible Note | $0 |
HBS Alumni Angels Tech Coast Angels HBS Alumni Angels Tech Coast Angels |
6/2020 | Convertible Note | 1 | - |
Tech Coast Angels Tech Coast Angels |
12/2016 | Convertible Note | 2 | $1.5M |
HBS Alumni Angels Tech Coast Angels HBS Alumni Angels Tech Coast Angels |
|---|
| Announced Date | Name | Price |
|---|
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