Intelligent Beverage Technology

Intelligent Beverage Technology

Closed: Nov. 2019

About this raise

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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Investment Overview

Not Funded: $5,595

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
06/10/2019
Close Date
11/06/2019
Min. Goal
$10,000
Max Goal
$107,000
Min. Investment

$205

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.15

Pre-Money Valuation

$3,005,000

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Santa Monica, California
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/06/2019 StartEngine $3,005,000 $5,595 Equity - Common Not Funded RegCF
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Intelligent Beverage Technology on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,005,000
Price per Share: $0.15

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