CEO & Co-Founder @ Bevz (Convenience Store SaaS Platform), Dog Dad, Entrepreneur, Comms Pro, Foodie, UCLA MBA, Techstars ‘22
Los Angeles, CA
Joined April 2011
- Tweets233
- Following213
- Followers139
- Likes225
Jason Vego retweeted
lets gooooo @JasonVego
Jason Vego's pitch for Bevz is certified fresh 💯🍅
First, Jason tackles the problem.
Most convenience stories don't sell online because they don't have the right technology
But is the market big enough?
✔️150,000 convenience stores in the US
✔️1.2 million globally
Check. But what about the competition?
Restaurant technology companies like Toast & ChowNow don't really work for corner stores.
I'll to take your word for it. Can you prove that Bevz actually works?
✔️330 stores using the SAAS platform
✔️growing 21% every month
✔️95% conversion from free trial to paid subscription
✔️99% monthly retention
Then Jason closes by telling investors exactly what milestones he plans to hit with this $1.6M fundraise.
Now that's what I call a compelling pitch! Jason addressed so many potential objections in his opener that Paige Finn Doherty's next question wasn't even about his business, she asked about his backstory instead.
Founders and investors can learn a ton from Jason's pitch. His seed round ballooned from $1.6 to $3.1M after pitching on @thepitchshow.
You can listen to Jason's full pitch to @dunkhippo33, @chudson, @paigefinnn, @MarkPhillips11T and @NealBloom on episode 120 of The Pitch podcast.
Jason Vego retweeted
Thrilled to announce our participation in @bevz_tech's $3.1MM Seed round. Congratulations to @JasonVego and team on this important milestone!
tinyurl.com/22y7u7bx
Jason Vego retweeted
We’re excited to share our first product offering: The AI tutor for SAT that helps students practice and ace SAT with as little as 15 mins a day. Study anytime and anywhere with our AI tutor at 1/10 of traditional tutoring cost. Start your free trial: joinsmartschool.com/
BEVZ UNSUNG FUNDRAISING HERO # 6 – PRACTICE PARTNER: @Techstars
During the accelerator, Techstars pushed me to make the @bevz_tech pitch way better. We pitched live and in-person every week and got ripped apart.
And it worked. Round close details coming soon!
#accelerators
BEVZ UNSUNG FUNDRAISING HERO # 7 – EARLY CUSTOMERS: Issa Hawara (Circus Liquor) and Sarkis Abudlhai (Clark's Liquor).
Double shout out to these 2 customers, who were also our first investors, in Summer 2019 before our product launched!🙏
#fundraising #startups
June results at Bevz 😍
Reach out if you want to (a) join us, (b) introduce us to great candidates, or (c) help us close this fundraising round, which is 90% committed...or, I guess, if you just want to chat startups😃.
#startups #fundraising #saas #hiring
I was talking with a founder raising her pre-seed. My advice:
Sell a big vision, convince investors you’re the best team to pull this off, and show just enough traction.
Then paint a picture of the 5-10 key things you’ll do to bring the vision to life.
This is her window 😁
Last week was LA Tech Week, and I met some incredible founders and investors. But there's a lot more we need to do to build up the startup community in LA.
If you're an LA founder or investor, let me know if I can do anything to help you.
#latechweek #losangeles #startups
May results are in!
Our messaging, product, and story is really resonating with convenience stores. I love vertical SaaS because we can offer way more value and solve tougher problems than our competitors when we stay hyper-focused on convenience stores…lnkd.in/g5Hp-ihB
After years of building, pivoting, then rebuilding Bevz, we're really hitting our stride in 2023. Shout out to an incredible team making this all happen!
#conveniencestores #saas #startup #retailtech lnkd.in/ggYkZRHb
Join our team at Bevz! We're looking for a Customer Success pro that wants to join a fast-growing startup supporting local businesses at a national scale.
My promise: Exciting and challenging work, many professional growth opport…lnkd.in/gTU64iR3 lnkd.in/g6yfZrJQ
As the non-alcoholic (NA) drink sector continues to blow up, reaching $11B last year, I thought I’d share my favorites...
1) Athletic Brewing Co. continues to dominate as one of first players, with amazing quality and selection. I think their original IP…lnkd.in/gskSqPbh
Thank you Stage 2 Capital for inviting me to present our Bevz vision and growth to 50+ LPs at Massachusetts Institute of Technology last week, and for giving me my first Boston experience!
Though my Uber driver made it clear that as a Laker fan, I was…lnkd.in/gg24Er3c
Had a great conversation with Jamie Lee on his new YouTube series, So Ya Wanna Start A Business. We dove into small business management and trends, and talked about how any SMB can use technology and e-commerce quite easily to cut…lnkd.in/eUSFHDSS lnkd.in/eaV8XYwa
I spent last week in middle-of-nowhere Texas, with (almost) no internet or cell service...and it was the best business trip I’ve had in years.
Thank you to Bevz investor Golden Section for bringing 7 great portfolio companies and your awesome team togeth…lnkd.in/g53KvtCQ
Thanks American Petroleum and Convenience Store Association for having Bevz at your annual trade show last week!
Bevz killed it, signing up a couple stores every hour of the exhibition, while meeting some great prospective technology partners, new hires…lnkd.in/gjhsJdXc
I'll be in Boston/Cambridge May 9-11 presenting at Massachusetts Institute of Technology, and meeting with investors and the Stage 2 Capital network.
If anyone is around on May 11 to meet up, let me know!
And almost as important...where should I eat/d…lnkd.in/g9ChMcmY
Big merger in the alcohol industry, with a clear shift toward giant distributors and away from multiple medium-sized players.
We saw RNDC and Young's merge to create a powerhouse. Then Gallo acquired Constellation's wine division…lnkd.in/gjUhTEzC lnkd.in/gqM_riXD