About Vend
Vend is a company based in San Francisco (United States) founded in 2010 was acquired by Lightspeed in March 2021.. Vend has raised $45.86 million across 8 funding rounds from investors including Lightspeed HQ, Qualgro and Movac. Vend offers products and services including Point of Sale, Payments, eCommerce, Inventory Management, and Marketing & Loyalty. Vend operates in a competitive market with competitors including RELEX, Wasoko, Bizom, CallidusCloud and ZopSmart, among others.
- Headquarter San Francisco, United States
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vend Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.86 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Lightspeed HQ
& 14 more
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Employee Count
Employee Count
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Acquired by
Lightspeed
(Mar 11, 2021)
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Products & Services of Vend
Vend offers a comprehensive portfolio of products and services, including Point of Sale, Payments, eCommerce, Inventory Management, and Marketing & 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.
Manages sales and transactions for stores.
Handles secure payment processing and settlements.
Enables online store management and integration.
Tracks stock levels across multiple locations.
Supports email campaigns and loyalty programs.
Provides business funding options for growth.
Customizes workflows with external applications.
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Software Development Team
189 people
Product Management Team
94 people
Leadership Team
55 people
Sales and Marketing
49 people
Senior Team
36 people
Human Resources and Administration
24 people
Operations Team
23 people
Finance and Accounting
14 people
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Funding Insights of Vend
Vend has successfully raised a total of $45.86M across 8 strategic funding rounds. 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 8
- Last Round Last Round
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First Round
First Round
(15 Aug 2011)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series D - Vend | Valuation | Qualgro , Movac |
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| Dec, 2016 | Amount | Series D - Vend | Valuation | Movac , Jasmine Social Investments | |
| Dec, 2016 | Amount | Series D - Vend | 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 Vend
Vend has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lightspeed HQ, Qualgro and Movac. 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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Investments in early-stage tech startups are managed by Qualgro.
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Founded Year | Domain | Location | |
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Venture capital is provided to technology businesses by Movac.
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Founded Year | Domain | Location | |
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VC fund investing in social ventures
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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 Vend
| 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 - Vend
| 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 |
Vend Comparisons
Competitors of Vend
Vend 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 RELEX, Wasoko, Bizom, CallidusCloud and ZopSmart, 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 |
Unified platform for retail and supply chain planning is offered.
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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 |
Retail intelligence platform is developed for brands and B2B retailers.
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| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| domain | founded_year | HQ Location |
Omni-channel solutions are provided for offline businesses.
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| domain | founded_year | HQ Location |
Provider of cloud-based suite solutions for wholesalers
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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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Latest news on Vend
Frequently Asked Questions about Vend
When was Vend founded?
Vend was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Vend located?
Vend is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Vend a funded company?
Vend is a funded company, having raised a total of $45.86M across 8 funding rounds to date.
What does Vend do?
Vend is a provider of web-based POS software that enables retailers to accept payments, track customers, manage inventory, provide loyalty incentives, and run business analytics. It offers modules that include inventory management, Point of Sale(POS), order management, and customer management. The retail POS works on various devices or platforms, including iPad, or even existing POS hardware. It allows contactless payments and online store creation for offline vendors. It offers a subscription-based pricing model.
What products or services does Vend offer?
Vend offers Point of Sale, Payments, eCommerce, Inventory Management, and 3 more products and services.
Who are Vend's investors?
Vend has 15 investors. Key investors include Lightspeed HQ, Qualgro, Movac, Jasmine Social Investments, and Aspiring Asset Management.
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