nectar

Bars lose 20% of their alcohol to overpours and “free” drinks for friends. That amounts to $50 billion per year in booze that mysteriously disappears, making life tough for every…

Nectar’s sonar bottle caps could save $50B in stolen booze

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…

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

Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly as a result of oversized pours, spills and even theft. Nectar, a stealth connected-device…

Joe Lonsdale pours $4.55M for alcohol IoT startup Nectar