About Airvend
Airvend is a company based in Provo (United States) founded in 2012 was acquired by 365 Retail Markets in February 2015.. Airvend has raised $1.2 million across 1 funding round from investors including 365 Retail Markets and PS27 Ventures. Airvend offers products and services including Micro Markets, 365 Dining, and 365Pay. Airvend operates in a competitive market with competitors including Nayax, OTI, KPay Innovation, KioSoft Technologies and Bliss Vending, among others.
- Headquarter Provo, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Dec 31, 2013
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Investors
365 Retail Markets
& 1 more
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Employee Count
Employee Count
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Acquired by
365 Retail Markets
(Feb 02, 2015)
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Products & Services of Airvend
Airvend offers a comprehensive portfolio of products and services, including Micro Markets, 365 Dining, and 365Pay. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for unattended retail configurations and transactions.
Platform for managing food offerings and employee dining needs.
Secure payment solution for retail and vending operations.
Funding Insights of Airvend
Airvend has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(31 Dec 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Seed - Airvend | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Airvend
Airvend has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include 365 Retail Markets and PS27 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are made in AI-driven B2B startups by PS27 Ventures.
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Founded Year | Domain | Location | |
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Smart vending solutions are provided for offline retailers and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Airvend
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Airvend
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airvend Comparisons
Competitors of Airvend
Airvend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nayax, OTI, KPay Innovation, KioSoft Technologies and Bliss Vending, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment solutions for vending machines are provided, including telemetry systems.
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| domain | founded_year | HQ Location |
Payments for wearable devices are enabled via cloud-integrated platform.
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| domain | founded_year | HQ Location |
Pay-as-you-go platform for device payments and accessibility without upfront costs.
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| domain | founded_year | HQ Location |
Offers hardware, software, and solutions for self-serve payments in various sectors.
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| domain | founded_year | HQ Location |
A platform facilitating seamless payments for vending machines.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Airvend
When was Airvend founded?
Airvend was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Airvend located?
Airvend is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Is Airvend a funded company?
Airvend is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Dec 31, 2013.
What does Airvend do?
Airvend was founded in 2012 in Provo, United States, within the vending machine hardware sector. Touch screen devices are supplied to facilitate card and contactless payments directly at vending sites. Product information is also delivered through these interfaces. Operations center on payment processing solutions tailored for vending operators, with services extending to hardware integration for seamless transactions in the United States market.
Who are the top competitors of Airvend?
Airvend's top competitors include Nayax, OTI and KPay Innovation.
What products or services does Airvend offer?
Airvend offers Micro Markets, 365 Dining, and 365Pay.
Who are Airvend's investors?
Airvend has 2 investors. Key investors include 365 Retail Markets, and PS27 Ventures.