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Sestra Systems
Brings IoT to beverage dispensing, making customers smarter and enriching their guests' experiences
About Sestra Systems
Sestra Systems operates in the beverage dispensing industry, providing smart dispensing solutions that connect ordinary beverage taps to the Internet of Things (IoT). The company's core product, TapWise, transforms traditional keg dispensing systems into smart systems, enabling precise electronic portion control and real-time data analytics. This technology helps clients prevent loss, increase revenue, and streamline operations. Sestra Systems primarily serves businesses in the hospitality and beverage sectors, including bars, restaurants, and event venues. The company operates on a 'dispensing as a service' model, treating each client as a long-term partner and offering ongoing optimization to enhance their beverage programs. Revenue is generated through a performance-based pricing model, ensuring that Sestra Systems profits only when their clients do. Key features of the TapWise solution include global business management, compliance control, and actionable insights for inventory decisions. The company leverages IoT to provide clients with unprecedented control over their beverage dispensing operations, ultimately driving value and growth.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Aug 2021 | $15M | $60M | Undisclosed | — |
| SERIES D✓Equity / VC | Apr 2019 | — | — | Eastward Capital Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Sestra Systems is 230 monthly website visits, up 21.1% over the last three months. Sestra Systems's team declined 10% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Eastward Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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