Brevvie Company Profile

Background

Brevvie, established in 2019, is a technology-driven company specializing in automated rental solutions. The company's mission is to provide convenient, 24/7 access to a variety of products through smart vending systems, thereby enhancing consumer experiences and promoting sustainable living. By integrating advanced software with customized hardware, Brevvie transforms traditional industries by automating the rental and sale of items such as propane tanks, kayaks, firewood, and shared tools. This approach not only modernizes outdated processes but also offers businesses and communities seamless, round-the-clock services.

Key Strategic Focus

Brevvie's strategic focus centers on:

• Automated Vending Solutions: Developing intelligent vending systems that operate continuously, providing consumers with on-demand access to essential products without the need for human interaction.

• Diverse Product Offerings: Offering a wide range of rentable items, including propane lockers, firewood vending machines, kayak kiosks, and shared equipment lockers, tailored to meet the specific needs of various communities and businesses.

• Sustainability and Convenience: Promoting the sharing economy by reducing overconsumption and waste, allowing consumers to rent items they need temporarily, thus minimizing the need for ownership and storage.

• Market Expansion: Collaborating with property managers, retailers, and other partners to install Brevvie systems in apartment complexes, grocery stores, office buildings, hotels, recreational centers, and universities across North America.

Financials and Funding

As of the latest available data, Brevvie operates as a privately held company with an estimated annual revenue between $0 million and $1 million. The company has experienced significant growth, with a reported 51% year-over-year increase in sales through its product rental kiosks. In 2019, Brevvie participated in the Wayfinder program at the University of California, Irvine, which facilitated its rapid development and expansion plans. The company has expressed intentions to pursue seed funding to further scale its operations, aiming to expand to over 200 units in Southern California.

Pipeline Development

Brevvie's key developments include:

• Propane Vending Corp: In collaboration with Outdoor Vending Solutions (OVS) and SBI, Brevvie co-founded Propane Vending Corp, revolutionizing propane sales through automated vending systems. This initiative has led to the deployment of propane vending machines at over 1,200 locations, with projections to reach 3,000 locations by 2026.

• Albertsons Partnership: Brevvie has partnered with Albertsons Companies, Inc., the nation's second-largest supermarket chain, to install rental kiosks in select Southern California stores. These kiosks offer customers access to a variety of rentable items, enhancing the shopping experience and promoting sustainable consumption.

Technological Platform and Innovation

Brevvie's technological innovations include:

• Smart Lockers and Vending Units: Customized hardware integrated with proprietary software to automate the rental and sale of non-traditional vending items.

• QR Code-Based Transactions: A pioneering system that allows customers to scan a QR code, pay via their mobile devices, and access the rented item seamlessly, eliminating the need for physical payment interfaces.

• Software Integration: A versatile software platform that enables businesses to automate and monitor the rental process, track inventory, and manage customer interactions efficiently.

Leadership Team

• Kristine Everly: Co-Founder of Brevvie, bringing extensive experience in commercial real estate and a passion for promoting sustainable living through innovative rental solutions.

• Tim Murphy: Co-Founder of Brevvie, leveraging his background in commercial real estate to drive the company's growth and expansion into various markets.

Competitor Profile

Market Insights and Dynamics

The automated rental and vending industry is experiencing significant growth, driven by consumer demand for convenience, sustainability, and cost-effective access to products. The sharing economy's expansion has led to increased adoption of automated solutions across various sectors, including retail, residential communities, and recreational facilities.

Competitor Analysis

Brevvie operates in a competitive landscape with several key players offering similar services:

• Modern Office Systems: Provides shelving and modular casework solutions, including smart lockers, primarily serving the New York and New Jersey markets.

• Modern Smart Lockers: Offers secure personal storage solutions with custom and unique designs, focusing on intelligent locker systems.

• Winnsen Industry Co., Ltd.: A Chinese manufacturer specializing in parcel delivery lockers and laundry lockers, catering to various industries worldwide.

• Connected Locking: Provides smart locking solutions for education, offices, and enclosures, focusing on creating more intelligent spaces.

Strategic Collaborations and Partnerships

Brevvie has established significant partnerships to enhance its market position:

• Albertsons Companies, Inc.: Installation of Brevvie kiosks in select Southern California stores, offering customers access to rentable items and promoting sustainable consumption.

• Propane Vending Corp: A joint venture with OVS and SBI to develop and deploy automated propane vending machines nationwide, revolutionizing propane sales and distribution.

Operational Insights

Brevvie's competitive advantages include:

• Innovative Technology: Proprietary software and hardware solutions that automate the rental and sale of non-traditional vending items, providing a seamless customer experience.

• Sustainability Focus: Promotion of the sharing economy by reducing overconsumption and waste, aligning with growing consumer preferences for sustainable living.

• Diverse Product Offerings: A wide range of rentable items tailored to meet the specific needs of various communities and businesses, enhancing customer satisfaction and loyalty.

Strategic Opportunities and Future Directions

Brevvie's future strategic initiatives include:

• Market Expansion: Scaling operations to additional regions and sectors, including grocery stores, office buildings, hotels, recreational centers, and universities throughout North America.

• Product Diversification: Expanding the range of rentable items to cater to evolving consumer needs and preferences, further promoting sustainable consumption.

• Technological Advancements: Continual enhancement of proprietary software and hardware solutions to improve user experience, operational efficiency, and scalability.

Contact Information

• Website: www.brevvie.com

• Social Media:

• LinkedIn: Brevvie LinkedIn

• Twitter: Brevvie Twitter

• Facebook: Brevvie Facebook

Brevvie continues to innovate and expand its offerings, positioning itself as a leader in the automated rental solutions industry, committed to enhancing consumer convenience and promoting sustainable living.