About Vendit
Vendit is a company based in Seoul (South Korea) founded in 2021. Vendit has raised $2.93 million across 2 funding rounds from investors including KOSME, Spacetime Investment and LIFE Asset Management. Vendit offers products and services including AI Kiosk, Cloud Room Management, Booking Engine, and Mobile Concierge. Vendit operates in a competitive market with competitors including CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
- Headquarter Seoul, South Korea
- SectorsTravel & Hospitality
- Website category Travel and Tourism · Accommodation and Hotels
- Email••••••••
- Phone•••• ••••
- Website vendit.co.kr
- Social LinkedIn Facebook
- Legal Name Vendit Inc
- Total Equity Funding$2.93M (USD)
in 2 rounds
- Latest Funding Round$2.93M (USD), Seed
May 2024
- InvestorsKOSME
& 2 more
Products & Services of Vendit
Vendit offers a comprehensive portfolio of products and services, including AI Kiosk, Cloud Room Management, Booking Engine, and Mobile Concierge.
Automates hotel check-ins and verifies customer age.
Handles reservations and room status via mobile app.
Enables custom hotel booking sites with low fees.
Facilitates in-room ordering and payments easily.
Funding Insights of Vendit
Vendit has successfully raised a total of $2.93M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.93 million completed in May 2024. 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 $2.93M
- Total Rounds 2
- Last Round Seed — $2.93M
- Investors Count 3
All 2 funding rounds of Vendit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $2.93M | Seed | – | KOSME | |
| Jun 2022 | – | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Vendit
Vendit has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include KOSME, Spacetime Investment and LIFE Asset Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment standards are created through trust and innovative connections. | – | spacetimeinv.com | Seoul, Korea | |
Offers diversified loan services tailored for small and medium enterprises. | 2018 | kosmes.or.kr | Jinju-si, South Korea | |
Engages in shareholder activism for long-term investment returns and corporate value enhancement. | 2021 | investlife.com | Seoul, South Korea |
Investor details for Vendit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Vendit
3 dated milestones of Vendit across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Vendit is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.9M.
Competitors of Vendit
Vendit 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 CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| guesty.com | 2013 | Walnut, United States | $409.25M | – | Cloud-based software is provided for vacation rental management and synchronization. | |
| shijigroup.com | 1998 | Beijing, China | $458.66M | – | Cloud-based property management solutions for hospitality are provided. | |
| stayntouch.com | 2012 | Bethesda, United States | $60.8M | 69 | Property management software is delivered through a SaaS platform. | |
| hotelogix.com | 2008 | Singapore | $9.97M | 162 | Cloud-based hotel management system | |
| rategain.com | 2004 | London, United Kingdom | $64.87M | 12 | SaaS solutions for hospitality revenue and operations management are delivered. | |
| canarytechnologies.com | 2017 | San Francisco, United States | $175.15M | 106 | Enterprise hospitality technology solutions are provided for business operations. | |
| mews.com | 2012 | Amsterdam, Netherlands | $409.99M | – | Cloud-based software for hotel and hostel operations is managed. | |
| apaleo.com | 2017 | Munich, Germany | $31.23M | 32 | Cloud-based ERP system for hotel operations is provided. |
Detailed competitors of Vendit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vendit
The website of Vendit (vendit.co.kr) receives about 23.7K visits a month and ranks #1,126,144 among all websites worldwide, #6,307 in Accommodation and Hotels.
- Monthly visits23.7K
▲ 27.8% vs previous month
- Unique visitors9.6K
per month
- Global rank#1,126,144
among all websites
- Category rank#6,307
Travel and Tourism · Accommodation and Hotels
- Bounce rate51%
- Pages per visit3.3
- Average visit3 min 13 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Vendit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hotelstory.com | hotelstory.com | 100% | – | #437,729 | – |
| sanhait.co.kr | 98% | 8K | #2,893,389 | View details | |
hotelscombined.co.kr | hotelscombined.co.kr | 84% | – | #17,099 | – |
hotelrestaurant.co.kr | hotelrestaurant.co.kr | 50% | – | #1,271,340 | – |
Latest news on Vendit
Complete news archive for Vendit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Vendit
10 companies that operate in the same segment as Vendit (Hotel IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS-based operations management is provided for hospitality and aviation sectors. | 1987 | Madrid, Madrid, Spain | – | USD 7.66 B | 20,640 | |
Cloud-based software is provided for vacation rental management and synchronization. | 2013 | Walnut, California, United States | USD 409.25 M | – | – | |
Browser-based software solutions for hotels and other accomodations | 2012 | San Diego, California, United States | USD 246.94 M | – | – | |
Cloud-based software solutions for vacation rental management are offered. | 2012 | Barcelona, Catalonia, Spain | USD 37.34 M | USD 22.62 M | – | |
Cloud-based revenue management solutions are provided for the hospitality sector. | 2012 | San Francisco, California, United States | USD 143.28 M | – | 84 | |
Cloud-driven reservation software is provided for hotel management. | 2006 | Sydney, New South Wales, Australia | USD 105 M | USD 183.24 M | 1,160 | |
Enterprise hospitality technology solutions are provided for business operations. | 2017 | San Francisco, California, United States | USD 175.15 M | – | 106 | |
Independent hotel management software and solutions are provided. | 2016 | Singapore, Singapore | USD 21.6 M | USD 5.32 K | – | |
Cloud-based supply chain and HR solutions for hospitality are offered. | 1999 | London, England, United Kingdom | – | – | – | |
Revenue management solutions are provided for hotels in hospitality. | 2012 | London, England, United Kingdom | USD 472.9 M | – | – |
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Frequently Asked Questions about Vendit
Vendit was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Vendit is headquartered in Seoul, South Korea.
Vendit is a funded company, having raised a total of $2.93M across 2 funding rounds to date.
Vendit was founded in 2021 in Seoul, South Korea. AI and cloud-based solutions for hotel management are offered, targeting hotels, motels, and lodges. Reservations, bookings, housekeeping, and operations are managed through the system. The hospitality sector is served with tools for efficient oversight of daily activities and guest services in the region.
Vendit's top competitors include Guesty, CloudBeds and Canary Technologies.
Vendit offers AI Kiosk, Cloud Room Management, Booking Engine, and Mobile Concierge.
Vendit has 3 investors. Key investors include KOSME, Spacetime Investment, and LIFE Asset Management.
Vendit operates through Vendit Inc.