Join BI PrimeBbot makes software that allows customers to place their own food and drink orders inside restaurants and bars.
The startup just raised its first outside funding — a $3 million seed round — using the pitch deck belowSteve Simoni wasn't planning on starting a software company. Instead, he and his colleagues were intent on building a robot that would make it easier for them to get drinks at a bar. In terms of delivering drinks, "it turns out that humans can just do it more efficiently and better," Simoni told Business Insider on Thursday. "Anyone tells you robots are going to take your job, our company is living proof that it's not."
The lockdowns seemed to give restaurant and bar owners a chance to reevaluate their operations and technology, Simoni said. As establishments started reopening for outside service, they decided, "this is the kind of product they want to implement for that," according to Simoni, Bbot's CEO.Bbot's service allows bar and restaurant customers to order food and drinks from their tables at the establishment via their phones.
The company charges $149 to $199 a month per venue for its software. It also makes money by processing credit card payments.While many of its customers are based in New York and Los Angeles, Bbot says it has clients all around the country and even overseas, including in cities such as London and Copenhagen. Simoni said he sees big potential in foreign markets, particularly in Europe.
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