Somabar Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Employees
  • 3

Employees

  • Latest Deal Type
  • Out of Business

Somabar General Information

Description

Developer of a robotic bar-tending appliance designed to mix cocktails at home. The company's appliance will take the ingredients from scratch, infuse bitters and dynamically mix them in precise quantities using positive displacement pumps before pouring out craft cocktails, enabling users and alcohol enthusiasts to make different cocktails and mix drinks in seconds, all from an application.

Contact Information

Website
www.somabar.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 1109 Westwood Boulevard
  • Floor 2
  • Los Angeles, CA 90024
  • United States
+1 (323)
Primary Industry
Household Appliances
Other Industries
Beverages
Vertical(s)
FoodTech, Robotics and Drones, TMT, Mobile
Corporate Office
  • 1109 Westwood Boulevard
  • Floor 2
  • Los Angeles, CA 90024
  • United States
+1 (323)

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Somabar Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Out of Business 29-Dec-2022 Completed Out of Business
7. Secondary Transaction - Private 30-May-2022 Completed Generating Revenue
6. Accelerator/Incubator 02-Aug-2017 Completed Generating Revenue
5. Early Stage VC 01-Jan-2017 Completed Generating Revenue
4. Early Stage VC (Series A) 13-Jan-2017 Cancelled Generating Revenue
3. Angel (individual) 04-Jun-2015 Completed Generating Revenue
2. Product Crowdfunding 13-Jan-2015 $313K $230K Completed Generating Revenue
1. Seed Round 04-Nov-2014 $230K $230K Completed Startup
To view Somabar’s complete valuation and funding history, request access »

Somabar Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A1
Series A
Seed 2,090,903 $0.000100 8% $0.11 $0.11 1x $0.11 13.67%
To view Somabar’s complete cap table history, request access »

Somabar Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a robotic bar-tending appliance designed to mix cocktails at home. The company's appliance will take the in
Household Appliances
Los Angeles, CA
3 As of 2022

Chicago, IL
 
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Somabar Competitors (1)

One of Somabar’s competitors is Bartesian, a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Bartesian Venture Capital-Backed Chicago, IL
You’re viewing 1 of 1 competitors. Get the full list »

Somabar Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 5

    Granted

  • Pending

  • Expiring in next 12 mo

Somabar Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10710864-B2 System for mixing and dispensing beverages Inactive 05-Aug-2014
US-10577234-B2 System for mixing and dispensing beverages Inactive 05-Aug-2014
US-10994980-B2 System for mixing and dispensing beverages Active 05-Aug-2014
US-10501304-B2 System for mixing and dispensing beverages Inactive 05-Aug-2014
US-20180186619-A1 System for mixing and dispensing beverages Active 05-Aug-2014 B67D1/0041
To view Somabar’s complete patent history, request access »

Somabar Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Somabar FAQs

  • When was Somabar founded?

    Somabar was founded in 2014.

  • Where is Somabar headquartered?

    Somabar is headquartered in Los Angeles, CA.

  • What is the size of Somabar?

    Somabar has 3 total employees.

  • What industry is Somabar in?

    Somabar’s primary industry is Household Appliances.

  • Is Somabar a private or public company?

    Somabar is a Private company.

  • What is Somabar’s current revenue?

    The current revenue for Somabar is .

  • How much funding has Somabar raised over time?

    Somabar has raised $4.59M.

  • Who are Somabar’s competitors?

    Bartesian is a competitor of Somabar.

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