Sean Grundy, Bevi’s co-founder and C.E.O., who is thirty-four, wandered into the party, wearing a blue-and-white gingham shirt. He grabbed a compostable plastic cup with the beginnings of a soda-water mojito. Grundy and his fellow co-founders, Eliza Becton and Frank Lee, teamed up in 2013, while Grundy was studying at the M.I.T. Sloan School of Management. He had just quit his job at an environmental-conservation group, and Becton, a mechanical engineer turned designer, was passionate about replacing disposable water bottles. The trio created a Bevi prototype and parked it at a gym in Somerville, Massachusetts.
LeafLink, an online wholesale marketplace that connects cannabis dispensaries with marijuana product manufacturers and distributors, closed a $10 million Series A funding round to help the company expand further into the massive California cannabis market. The Golden State is getting ready to launch adult-use sales on January 1, 2018.
About three years ago, Boston-based startup Bevi launched its tech-enabled take on the traditional water cooler by installing an initial batch of about a dozen of its machines at local offices. Since then, the company says around 1,000 of the Internet-connected beverage kiosks have been deployed in the offices of approximately 370 companies, including Apple, AT&T, Fidelity, GE, and Netflix.
LeafLink, an NY-based wholesale management platform for the cannabis industry, has closed a $750k seed round led by group of NY angel investors.
The software platform is designed to support participants in a B2B supply chain, providing basic tools designed to save money for retailers and allow producers to get better pricing for their product.