SAN FRANCISCO – Oct. 16, 2023 – Botrista Beverages, an automated craft beverage platform for restaurants and foodservice operators, today announced landmark growth milestones, including a tenfold increase in recurring revenue within 12 months and the completion of its Series B funding round, bringing total capital raised to over $55 million.
Driven by rising consumer demand for premium functional drinks and Gen Z’s preference for customizable beverages, Botrista’s technology enables restaurant staff to serve craft-quality boba teas, flavored lemonades, energy drink infusions, and iced coffees without increasing kitchen labor or service times.
Key Financial & Growth Highlights
10x Recurring Revenue Growth:
Accelerated revenue tenfold following the nationwide rollout of its flagship BotristaPro platform.
Over $55 Million in Funding:
Completed a Series B financing round supported by top-tier venture capital and strategic investors, building on a $10 million Series A secured earlier in the year.
National Expansion:
Scaled footprint across 26 states—including key markets in California, Texas, New York, and Washington—partnering with major regional and national restaurant chains.
Menu Innovation:
Expanded proprietary recipe library to over 100 craft beverage options across 8 core product categories.
Industry & Investor Commentary
“Botrista has demonstrated strong growth by providing a solution that increases both top-line revenue and bottom-line profit through beverage innovation. We chose to invest despite the challenging macroeconomic environment because we see the massive, untapped value Botrista delivers to operators and consumers alike.”
— Series B Investor Representative
“I am incredibly proud of the exceptional results the Botrista team has achieved for our customers and shareholders. As we look ahead, I am even more confident in our prospects and our team’s ability to exceed our growth targets.”
— Sean Hsu, CEO of Botrista
Sustainable Foodservice Operations
In addition to driving operator profitability, Botrista’s platform offers measurable environmental benefits. By shipping concentrated ingredient purees rather than pre-diluted, bottled liquids, Botrista significantly reduces shipping weights and freight emissions.
For a location selling 25 drinks per day, switching to Botrista’s concentrate-based dispensing system saves the carbon equivalent of planting one tree per week.
Looking Ahead: Expansion and New Product Launches
In 2023, Botrista plans to increase its sustainability efforts and accelerate its national expansion, with a goal of operating in at least 30 states by year-end. The team is confident this target is achievable based on current momentum.
“Our mission is to help restaurants grow incremental beverage sales while improving top-and-bottom-line performance. As the provider of the only algorithmic beverage dispenser on the market, we are maximizing this technological advantage to lead the industry in automated beverage innovation.”
— Jason Valentine, Chief Strategy Officer at Botrista
About Botrista
Botrista provides automated beverage solutions that allow foodservice operators to increase average check size and beverage attachment through high-quality craft drinks.
Operating across restaurants, convenience stores, higher education campuses, hospitals, and virtual kitchens, Botrista’s cloud-connected BotristaPro system pairs algorithmic dispensing with world-class ingredients to deliver barista-quality beverages in seconds.
Headquartered in San Francisco, Botrista serves partners across North America and select international markets.
To learn more, visit botrista.com.
