SA&M Preccelerator® Program Announces Investment In Bevz
LOS ANGELES, October 27, 2020 (Newswire.com) - The Preccelerator® Program, a Santa Monica, California-based early-stage startup accelerator, announced today it has invested in Bevz. Bevz is a convenience store delivered to your door concept, offering everything you can find at a liquor store, delivered in 45 minutes or less. Bevz offers easy-to-use software designed for non-technical store owners, plus the simplest user experience for consumers, that bring stores, brands, and distributors into the eCommerce world together.
"Bevz was built by retailers, for retailers," said Victor Grayr, Founder & CEO of Bevz. "We focus relentlessly on retailers, giving them the technology, support, and marketing to better connect with their customers and deliver thousands of different products from their store. With Bevz, local liquor stores can stay relevant and compete against big box chains, while offering consumers the next level of convenience."
Bevz covers everywhere from Santa Barbara down to San Clemente, and Pasadena to Palm Springs, and will soon expand to San Diego and the Bay area, eventually going national. With more than 30 years of experience in alcohol sales and convenience store operations, coupled with innovative technology, Bevz has already seen strong traction and created unique partnerships with retailers, suppliers (ranging from small companies like El Silencio to large companies like Anheuser-Busch), and wholesalers (like Southern Glazer's Wine & Spirits and Young's market).
"Bevz is truly a disruptive technology for independently owned convenience and liquor stores; we are very excited that Bevz will help an outdated industry come into the 21st Century of e-commerce," said Len Lanzi, Managing Director of the Preccelerator® Program.
About the Preccelerator® Program.
Founded in 2012, the Preccelerator® is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides initial capital, interim office space, sophisticated legal services, education, networking, mentorship and $500,000 in usable perks from Google Cloud for Startups, Amazon Web Services, and HubSpot among others, with the objective of helping grow a founder's idea from business concept to funded startup. The program also retains more than 100 active strategic mentors providing free office hours and discounted services, and provides over 75-plus educational workshops and networking events each year. The Program expanded in 2017 to accept a greater number of companies in more formalized classes, depending upon where the companies are in their evolutionary growth, and expanded benefits, including cash investment, to accepted companies.
About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a Southern California-based business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property and business litigation practice groups focusing on the representation of, among others, venture-backed emerging growth companies, middle-market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm's mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective.
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Source: Preccelerator Program
Categories: Venture Funding