Botrista, a San Francisco, CA-based developer of data-driven automated beverage platform, has secured $120 million in Series C funding.
Investor
The round was led by Jollibee Foods Corporation (JFC), a global restaurant conglomerate with 18 brands operating in 33 countries. JFC invests in companies that enable food service operators to deliver a world-class customer experience and provide a substantial runway for sustained profitable growth.
Botrista Use of Funds
The company plans to invest in the development of AI technology to create data-driven beverage menus, advance research and development to expand its beverage offerings, and secure high-quality ingredients from global suppliers.
About Botrista
Founded in 2017, Botrista provides automated beverage solutions to foodservice operators. Their platform allows restaurants to offer various popular cold beverages, from boba teas and refreshers to smoothies, shakes, and craft coffees, all dispensed from a single machine. Botrista has partnered with restaurants in 37 states, including national restaurant chains, independent eateries, college campuses, movie theaters, and theme parks.
Funding Details
Company: Botrista, Inc.
Raised: $120.0M
Round: Series C
Funding Month: July 2024
Lead Investor: Jollibee Foods Corporation
Additional Investors:
Company Website: https://botrista.com/
Software Category: Craft Beverage Automation
Source: https://botrista.com/post/botrista-secures-120m-series-c/