iVend Retail

New York, United States Founded: 2004 • Age: 22 yrs
Cloud-based retail management software is provided for offline stores.
Annual revenue - Latest available
Total funding $60.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About iVend Retail

iVend Retail is a company based in New York (United States) founded in 2004. iVend Retail has raised $60 million across 1 funding round from investors including Goldman Sachs. iVend Retail offers products and services including Point of Sale System, Inventory Management, and Customer Loyalty. iVend Retail operates in a competitive market with competitors including Coupang, Shippo, Wasoko, Digimarc and Shiprocket, among others.

  • Headquarter New York, United States
  • Sectors
    Retail
    Transportation, Automotive & Logistics Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Citixsys
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $60 M (USD)

    in 1 rounds

  • Latest Funding Round
    $60 M (USD), Series C

    Nov 07, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of iVend Retail

iVend Retail offers a comprehensive portfolio of products and services, including Point of Sale System, Inventory Management, and Customer Loyalty.

Product name locked
Category locked
Primary

Centralizes inventory and customer data for efficient retail transactions.

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Enables real-time stock updates and error minimization across locations.

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Boosts retention through points and rewards programs for customers.

People of iVend Retail

Headcount 200-500
Employee Profiles 4
Employee Profiles
People
Ritesh Aurora
Managing Director
People
Manish Chaturvedi
Vice President
People
Agneesh Jain
Vice President Program Management
People
Pankaj Mathur
COO | Sales, Marketing, Partner Relations | Technology Innovation For Retailers | M&a

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Teams

Funding Insights of iVend Retail

iVend Retail has successfully raised a total of $60M through 1 strategic funding round. The most recent funding activity was a Series C round of $60 million completed in November 2019. 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.

Investors in iVend Retail

iVend Retail has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs.

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Venture Fund
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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Investor details for iVend Retail

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Investments & Acquisitions by iVend Retail

Investments
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Investment portfolio details for iVend Retail

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Financial Statements - iVend Retail

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Detailed financials for iVend Retail

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Ivend Retail Comparisons

iVend Retail Primary company
Description
Cloud-based retail management software is provided for offli...
Location
New York, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for iVend Retail

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Competitors of iVend Retail

iVend Retail 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 Coupang, Shippo, Wasoko, Digimarc and Shiprocket, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category consumer products are sold via an online marketplace.
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Web-based shipping solutions are provided for e-commerce businesses.
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Online B2B marketplace offering groceries for enterprises
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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E-commerce tools for shipping, marketing, and financial services are provided.
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Retail intelligence platform is developed for brands and B2B retailers.
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Detailed competitors of iVend Retail

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Latest news on Ivend Retail

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Complete news archive for iVend Retail

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Frequently Asked Questions about iVend Retail

iVend Retail was founded in 2004 and raised its 1st funding round 15 years after it was founded.

iVend Retail is headquartered in New York, United States. It is registered at New York, New York, United States.

iVend Retail is a funded company, having raised a total of $60M across 1 funding round to date.

Retail management software for offline retail stores. The cloud-based suite of solutions includes iVend POS, iVend eCommerce, iVend Loyalty, iVend Passes and iVend Reporting and Analytics. The POS solution helps retailers to manage customer loyalty programs, inventory and merchandising; the eCommerce solution helps businesses to build an online presence and can be integrated with iVend Loyalty, a loyalty management platform. iVend Passes is a platform for retailers to deploy digital passes for Apple Passbooks and Android Smartphones. The Reporting and Analytics module is a set of BI tools which analyzes transactional data to generate business insights. The company claims to have customers in over 45 countries and sells its software mainly through partner organizations. Some of the clients include Samsonite, Showcase, Virgin Mobile, Havaianas etc.

iVend Retail's top competitors include Coupang, Shiprocket and Bizom.

iVend Retail offers Point of Sale System, Inventory Management, and Customer Loyalty.

iVend Retail has 1 investor. Key investors include Goldman Sachs.

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