About

SIPIT is an online service, that connects liquor stores to responsible drinkers ;) ...anytime they want - Online liquor stores deliver in 2-5 days - no direct service - Scattered e-shops and locations - Poor interface & service - No interaction, content, engagement with customers - Rising demand for online alcohol e-commerce

Solution & Product

The solution is to connect the end consumer (responsible drinkers) and retailers (local liquor stores) through a specialised e-commerce & delivery platform

Innovation & Scalability

Delivery Use of 3rd party Delivery on Demand service Cost per delivery ~ €3 Will make sense to set up own delivery service at over 350 deliveries per day Logistics, accounting, legal All deliveries happen through the local stores No need for warehouse No need for invoicing No need for licence to sell liquor

Traction & achievements

Angel investment, currently under development, biggest liquor stores already on board

Team & Why Us

CEO - Nikolas Smyrlakis Dr. Nikolas Smyrlakis is an electrical engineer, turned to spirits entrepreneur. After working at the European Space Agency in the Netherlands and finishing his PhD at Bocconi Univ. in Milan, he went back to his roots in Greece and co-founded Roots Spirits, with exports in more than 14 countries (Stelios Hadjiionnou award) and Nomada Honey Soda (Envolve Greece award). Nikolas will develop the business & liaise with the Spirits industry (stores, brands, distributors) CFO - Christos Spyropoulos Christos Spyropoulos is an asset management professional. He gained most of his experience working for a family office as a Hedge Funds analyst but also worked as an investment analyst for a Venture Capital Fund investing in the Technology space. He holds a bachelor in Mathematics from the University of Crete and a master in Quantitative Finance and Risk Management from Bocconi University. His job is to manage the forecasting, budgeting, monitoring and control of all financial aspects. CTO - Alexandros Lingris Alexandros Lingris, founder of Radical Elements web agency and LucentCMS, is a system architecture designer and technical consultant. His job is to help companies achieve their goals within budget and less technical debt. Alexandros & his team will develop the Sipit platform. Head of Product - Ioustinos Sarris Ioustinos Sarris is a serial entrepreneur and founder of the consulting and development agency In City Applications. He is also a product manager at D

Funding Needs

Funds for marketing and growth in the next 3 years about 500K