Intelligent Beverage Technology
Early Stage
AI robot serving custom sports drinks.
Overview
Raised: $5,595
Total Commitments ($USD)
Platform
StartEngine
Start Date
06/09/2019
Close Date
11/06/2019
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$205
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$0.15
Pre-Money Valuation
$3,005,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/05/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$38
# of Investors
22
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Santa Monica, California
Intelligent Beverage Technology, offering customizable beverages, is raising funds on StartEngine. The company has a pre-money valuation of $3 million and is working on its PUSH machine. The PUSH vending machines will be powered with artificial intelligence and will be able to make custom sports drinks, including protein shakes, energy drinks, vitamin water, and weight loss drinks. Intelligent Beverage Technology was founded by Tony Materna and Andrea Morara in May 2018. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $107,000. The PUSH machines will offer personalized service to the patrons of health clubs and will also be used as advertising platforms.
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