+2%

est. 2Y upside i

Series D+

Rank

#2003

Sector

Food & Beverage

Est. Liquidity

~2Y

Data Quality

Data: Medium

Bevi offers modest expected upside (~1.8%) over 2 years with high risk.

Last updated: July 3, 2026

Bull (15%)+100%

IPO catalyst and category leadership could expand multiple to 4x revenue, but cap at 100% upside. Exit value ~$461M, net of preference common stock value increases.

Base (40%)+80%

Multiple converges to public comp average of 3x revenue on $138M revenue, yielding $414M exit. Strong recurring revenue supports growth.

Bear (45%)-100%

Incumbent pressure and slower growth compress multiple to 1x revenue. Exit value $138M below liquidation preference, wiping out common equity.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

69%

Total funding of $160M represents 69% of current valuation, meaning common stock is highly leveraged.

Dilution Risk

low

Company is profitable and likely self-sustaining; no dilutive raise anticipated in 2 years.

Secondary Liquidity

none

No secondary market activity reported.

Questions to Ask at the Interview

Strategic questions based on Bevi's data — designed to show you've done your homework.

  • 1

    How does Bevi plan to defend against PepsiCo's SodaStream Professional entering the same commercial market?

  • 2

    What is the churn rate for your hardware contracts and how does that impact recurring revenue visibility?

  • 3

    Given the large preference stack, how is common stock valued today and what are the prospects for value realization?

Community

Valuation Sentiment

Our model estimates +2% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.