Nectar develops an IoT solution for the hospitality and consumer packaged goods industries. Nectar solves the large information gap within the trillion-dollar consumer packaged goods and alcoholic beverage industries, with a new generation of connected devices that power automatic replenishment and data-driven insights.
Company Growth (employees)
Type
Private
HQ
Palo Alto, US
Founded
2014
Size (employees)
11 (est)
Nectar was founded in 2014 and is headquartered in Palo Alto, US

Nectar Office Locations

Nectar has an office in Palo Alto

Nectar Data and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$4.6 m

Latest funding size

$4.6 m

Time since last funding

10 months
Nectar's latest funding round in December 2016 was reported to be $4.6 m. In total, Nectar has raised $4.6 m
Nectar's employees are reported to be approximately 22% female and 78% male.
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Traffic Overview of Nectar

Nectar Online and Social Media Presence

Nectar News and Updates

Nectar Labs brings smart liquor tracking to the bar business

When a bartender pours too much liquor in a drink, or someone slips away with a bottle, it can take a toll on a drinking establishment’s bottom line. So Nectar Labs has come up with a solution: the connected pourer and stopper. It uses ultrasound technology and a software platform to precisely measu…

Nectar launches ultrasound-equipped pour spouts to save bar owners money

 Restaurants depend on the sale of alcoholic beverages for 60 percent of their revenue. This means that knowing what happens to liquor after it’s put on the shelf behind the bar is critically important to bar owners. Today, connected-device startup Nectar is launching a pour spout and stopper equipp…

Joe Lonsdale pours $4.55M for alcohol IoT startup Nectar

 Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly a result of oversized pours, spills and even theft. Nectar, a stealth connected device startup operating out of a Palo Alto dentist’s office (of all places), just locked down a $4.…

Claire Ptak’s recipe for nectarine and cherry cobbler | Baking

A little sugar brings out the syrupy side of summer’s stone fruits. Here, macerated nectarines and cherries lend their sweetness to a portable cobbler, or are simply served in wine glasses and topped up with BeaujolaisSummer is the time for macerating. I love this term. By sprinkling sliced or chopp…

Farmers market report: Peaches and nectarines are in season

What’s in season: There’s not too much of a difference between peaches and nectarines, aside from the outer texture of the fruit – fuzzy versus smooth – as the two are so closely related. Fully-ripened, all this fruit has a rich perfume and deep coloring and will give slightly under pressure. A.…

Nectar Company Life and Culture

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