BevLogic
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BevLogic - overview
Established
1997
Location
San Francisco, CA, US
Primary Industry
Software
About
Based in the US, BevLogic provides innovative compliance management solutions tailored for the beverage alcohol industry, helping clients navigate complex regulatory challenges effectively. Founded in 1997 and headquartered in San Francisco, US, BevLogic specializes in compliance management for the beverage alcohol sector. The company has consistently focused on leveraging technology to streamline compliance processes. The founder's background is not specifically detailed, and there are no noted pivots or subsidiaries related to the company.
BevLogic specializes in providing comprehensive beverage alcohol compliance solutions, leveraging expert guidance and innovative technology to address the complex regulatory environment faced by wineries, breweries, distilleries, and retailers. Their core offerings include an integrated compliance management platform that centralizes licensing, product registration, tax payments, and verification processes to ensure adherence to the Alcohol and Tobacco Tax and Trade Bureau (TTB) regulations across all 50 states. The platform also features automated compliance checks for direct-to-consumer (DTC) shipping, facilitating age and address verification, while preventing shipments to restricted locations. By streamlining these processes, BevLogic enables clients to focus on growth while minimizing administrative burdens.
The company primarily serves clients throughout the United States, specifically targeting beverage alcohol producers and distributors seeking to navigate compliance efficiently. BevLogic generates revenue through a subscription-based model that allows clients to access its compliance management platform. This structure includes various tiers of service tailored to meet the needs of different client segments, including wineries, breweries, and distilleries, making it suitable for both small producers and larger enterprises. The firm’s offerings encompass services that help manage compliance-related tasks, ensuring timely filings and adherence to regulatory requirements.
Revenue is derived from both new client acquisitions and ongoing service renewals, enabling consistent cash flow. This structured approach to transactions positions BevLogic effectively within the beverage alcohol compliance market, supporting the operational needs of its diverse client base. Future growth plans for BevLogic include the development of new features within their compliance management platform, aimed at enhancing user experience and efficiency. The company is actively seeking to expand its services into international markets, particularly targeting regions in Europe and Asia by 2025.
Recent funding will be utilized to fuel this expansion, enabling the company to adapt its offerings for diverse regulatory environments and enhance its technological capabilities.
Current Investors
Performant Capital
Primary Industry
Software
Sub Industries
Legal Software
Website
www.bevlogic.com
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
BevLogic - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Avalara, Inc.'s Beverage Alcohol Compliance Technology | - | ||||||||
| Company Formation | Completed | BevLogic | - |
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