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
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Sectors
RetailTransportation, Automotive & Logistics Technology
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Email
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Phone
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Website
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Social
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- Legal Name Citixsys
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 1 rounds
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Latest Funding Round
$60 M (USD), Series C
Nov 07, 2019
- Investors
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Employee Count
Employee Count
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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. 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.
Centralizes inventory and customer data for efficient retail transactions.
Enables real-time stock updates and error minimization across locations.
Boosts retention through points and rewards programs for customers.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $60.0M
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First Round
First Round
(07 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Series C - iVend Retail | Valuation | Goldman Sachs |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 iVend Retail
iVend Retail has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs. 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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Investment banking services are delivered across multiple financial sectors.
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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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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 iVend Retail
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - iVend Retail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ivend Retail Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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| domain | founded_year | HQ Location |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
Retail intelligence platform is developed for brands and B2B retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Ivend Retail
Frequently Asked Questions about iVend Retail
When was iVend Retail founded?
iVend Retail was founded in 2004 and raised its 1st funding round 15 years after it was founded.
Where is iVend Retail located?
iVend Retail is headquartered in New York, United States. It is registered at New York, New York, United States.
Is iVend Retail a funded company?
iVend Retail is a funded company, having raised a total of $60M across 1 funding round to date. The company's 1st funding round was a Series C of $60M, raised on Nov 07, 2019.
What does iVend Retail do?
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.
Who are the top competitors of iVend Retail?
iVend Retail's top competitors include Coupang, Shiprocket and Bizom.
What products or services does iVend Retail offer?
iVend Retail offers Point of Sale System, Inventory Management, and Customer Loyalty.
Who are iVend Retail's investors?
iVend Retail has 1 investor. Key investors include Goldman Sachs.