SevenFifty Raises $23M in Series B Funding

USA – SevenFifty, a NYC-based provider of web-based and mobile technology solutions for the beverage alcohol industry, raised $23m in Series B funding.

The round was led by Level Equity. In conjunction with the funding, Ben Levin, Founder and Co-CEO of Level Equity, will join SevenFifty’s board of directors.The company intends to use the funds for: Launched in 2011 by founders Aaron Sherman and Gianfranco Verga, both alcohol and hospitality industry veterans, SevenFifty is a provider of web-based and mobile technology solutions for the beverage alcohol industry that touch every part of the supply chain.Today, over 90,000 restaurant and retail buyers use the marketplace, which reached nearly $1 billion in sales volume in 2020. The platform includes: 24/05/2021