Botrista Technology

Overview
News
Restaurant Industry Robotics?
Product stageSegments
Go-to-Market
?
Beverage preparation
?

Botrista Technology offers an automated drink dispensing robot called “DrinkBot,” which can mix preset beverages in just over 20 seconds as per the company. The robots occupy a floor space of 5 5 sq ft and can pour a customizable array of drinks, including both alcoholic and non-alcoholic mixed beverages (mocktails, juices, fusion teas, etc.). The hardware is connected to its library of drink recipes in Botrista’s cloud, and restaurants can choose between 6–20 drinks to be served at a given time. Users can place orders via its touchscreen, upon which the robot starts preparing the drink.

The robot is pitched as a method of offering drinks quickly with no upfront investment. The DrinkBot is offered free of charge; however, restaurants are required to buy the ingredients through Botrista at USD 1.40–USD 1.90 per drink. Since the Covid-19 pandemic, restaurants have been opting for the robot for its labor-saving function as well. The company had 20 customers across Northern California as of May 2020, with key customers including Goldilocks, Umai Hospitality Group, Crawdaddy Restaurant, and Old Port Lobster Shack.  As of June 2021, the company reported growing its revenue and deployments by 10x YoY.  In October 2021, the company partnered with the Middle Eastern fast-casual chain “The Halal Guys” to install DrinkBots in 91 of its restaurants. As of October 2022, the company has deployed its bots across 26 states.

In October 2022, the company raised an undisclosed amount in a Series B funding round, bringing the company’s total funding to USD 55 million. 

HQ location:
318 Brannan St San Francisco CA USA
Founded year:
2017
Employees:
51-100
IPO status:
Private
Total funding:
USD 125.8 mn
Last Funding:
USD 65.0 mn (Series C; Jul 2024)
Last valuation:
-
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