Gigliotti.Co Limited
closedIntelligent IoT dispensing system for hospitality profitability.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €50.0k | Seed | |
| Total Funding | 000k | ||
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Gigliotti.Co Limited developed an autonomous, Internet of Things (IoT) dispensing system named SmartDrinx, engineered to transform the loss-making hotel minibar into a profitable amenity. The company was founded in July 2015 by Charles Seadon, who identified the profitability issues within the hospitality sector's minibar service. Fiona Levie joined as CEO and Co-Founder in September 2015, bringing project management and business experience to the venture. Seadon has a background in engineering and cloud technologies, having founded previous startups. Levie is a published author on project governance with international experience in marketing and project management.
The core product, SmartDrinx, was an interactive, maintenance-free beverage and snack system designed for the hospitality industry. Its features included voice activation, interactive technology, parental locks, a tamper-proof sealed system, automated billing, and smart stock and sales monitoring to reduce staff workload. The system was designed to increase guest engagement and satisfaction while providing a new revenue stream for hotels through an interactive marketing and advertising platform. The business model aimed to eliminate the high administration, housekeeping, and theft-related costs associated with traditional and smart minibars.
The company's primary market focus was Dubai and the Middle East, having reportedly secured a distribution deal in Dubai. Gigliotti.Co was incubated by Faster Capital in Dubai, which offered potential match funding, and was seeking further seed funding to finalize prototype development. Planned trials in 2018 included hotels in Ireland and Dubai. However, according to market data, the company is now out of business as of September 2022.
Keywords: hospitality technology, IoT dispensing system, smart minibar, hotel amenities, in-room technology, guest experience, automated retail, cross-sell revenue, hospitality innovation, SmartDrinx, beverage dispensing, guest satisfaction, hotel profit center, intelligent dispensing, autonomous retail