About Vengo Labs
Vengo Labs is a Consumer company based in Bethpage (United States) founded in 2012 by Brian Shimmerlik and Steven Bofill. Smart vending machines are supplied for diverse locations. It operates in the Consumer, Media & Entertainment, and Retail sectors. Vengo Labs has raised $11.99 million across 6 funding rounds from investors including SPINS, NYU and Vector Media. Its chief executive, as recorded, is Brian Shimmerlik. Vengo Labs offers products and services including Turnkey Technology Platform and AdServer. Its focus areas include Autonomous Retail, Smart Vending Machines, Technology Enablers and Enterprise Applications. Its competitors include 365 Retail Markets, Daktronics and Lamar.
Company details
Vengo Labs was founded in 2012 and is headquartered in Bethpage, United States. Operations focus on the vending machine sector, where smart machines are deployed in office buildings, bars, doctors offices, taxi cabs, and similar settings. Products are integrated into environments where consumers live, work, play, and travel. Contactless communication, digital out-of-home advertising, and place branding are enabled through the provided solutions.
- Headquarters Bethpage, United States
- Founders Brian Shimmerlik, Steven Bofill
- SectorsConsumerMedia & Entertainment Retail
- Website vengolabs.com
- Social LinkedIn X Instagram YouTube
- Legal Name Vengo Labs
- Total Equity Funding$11.99M (USD)
in 6 rounds
- Latest Funding Round$7M (USD), Series B
Jan 2019
- InvestorsSPINS
& 23 more
Products & Services of Vengo Labs
Vengo Labs offers a comprehensive portfolio of products and services, including Turnkey Technology Platform and AdServer.
Facilitates efficient buying and selling of out-of-home media screens.
Connects digital screens with advertisers for programmatic revenue.
Apps and channels of Vengo Labs
its YouTube channel Vengo Labs has 68 subscribers.
Funding Insights of Vengo Labs
Vengo Labs has successfully raised a total of $11.99M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in January 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 $11.99M
- Total Rounds 6
- Last Round Series B — $7M
- First Round $1M
(Jan 2013)
- Investors Count 24
All 6 funding rounds of Vengo Labs 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 |
|---|---|---|---|---|---|
| Jan 2019 | $7M | Series B | – | Arcade Beauty | |
| Mar 2016 | $2M | Debt – Conventional | – | – | |
| Oct 2015 | $1.99M | Series A | – | – | – |
| Dec 2014 | $255,000 | Debt – Conventional | – | – | – |
| Apr 2014 | $2M | Series A | – | Kensington Capital Partners, Vector Media | – |
| Jan 2013 | $1M | Seed | – | NYU, Funbars.com |
24 investors in total: 14 institutional and 10 angel.
Investors in Vengo Labs
Vengo Labs has secured backing from 24 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include SPINS, NYU and Vector Media.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by the private equity firm. | 1996 | kcpl.ca | Toronto, Canada | |
US focused VC firm | qbvp.com | Los Angeles, United States | ||
Pre-seed and seed stage investments are targeted by VTF Capital. | vtfcapital.com | Las Vegas, United States | ||
Early-stage investments in frontier technologies are led by Scout Ventures. | scout.vc | Austin, United States | ||
US venture capital investments are managed by Gotham Gal firm. | gothamgal.com | New York, United States | ||
Early-stage tech-focused VC firm investing in geographies such as the US | upstageventures.com | New York, United States | ||
Global private equity investments are managed by the firm. | kensingtoncapital.com | Foxborough, United States | ||
Out-of-home advertising solutions are provided for mobile consumers. | 1998 | vectormedia.com | New York, United States | |
Multiple courses and degrees are provided across various academic streams. | 1831 | nyu.edu | United States | |
| funbars.com |
Investor details for Vengo Labs
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People of Vengo Labs
9 people are tracked at Vengo Labs (6 in leadership, 1 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Brian Shimmerlik | Co-Founder & CEO | Leadership |
Steven Bofill | Co-Founder | Leadership |
Steve Bofill | Co-founder & Chief of Design | Leadership |
Anthony Gelsi | Chief of Operations | Leadership |
Mary Perrella | VP, Media & Marketing | Leadership |
Brian Bofill | Chief of Engineering Operations | Leadership |
Michael Maas | Chairman | Board & advisors |
David Betancur | Media Sales Associate | Team |
Jared Trimboli | Product & Distribution Manager | Team |
Complete people profiles for Vengo Labs
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Timeline of Vengo Labs
3 dated milestones of Vengo Labs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Vengo Labs is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $7.0M.
Competitors of Vengo Labs
Vengo Labs has 3 listed competitors in our database. They include 365 Retail Markets, Daktronics and Lamar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 365retailmarkets.com | 2008 | Troy, United States | 334 | Smart vending solutions are provided for offline retailers and businesses. | ||
| daktronics.com | 1968 | Brookings, United States | 2,441 | Digital billboard advertising solutions are offered by Daktronics. | ||
| lamar.com | 1902 | Baton Rouge, United States | 300 | Billboard advertising spaces are sold for OOH campaigns on vehicles. |
Detailed competitors of Vengo Labs
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Web traffic of Vengo Labs
The website of Vengo Labs (vengolabs.com) receives about 9.8K visits a month.
- Monthly visits9.8K
▲ 5.1% vs previous month
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Vengo Labs (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Vengo Labs
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Frequently Asked Questions about Vengo Labs
Vengo Labs was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Vengo Labs is headquartered in Bethpage, United States. It is registered at Bethpage, New York, United States.
Brian Shimmerlik is the CEO of Vengo Labs, as recorded in our data. They have also founded this company.
Vengo Labs is a funded company, having raised a total of $11.99M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 2013.
Vengo Labs was founded in 2012 and is headquartered in Bethpage, United States. Operations focus on the vending machine sector, where smart machines are deployed in office buildings, bars, doctors offices, taxi cabs, and similar settings. Products are integrated into environments where consumers live, work, play, and travel. Contactless communication, digital out-of-home advertising, and place branding are enabled through the provided solutions.
Vengo Labs's top competitors include 365 Retail Markets, Lamar and Daktronics.
Vengo Labs offers Turnkey Technology Platform and AdServer.
Vengo Labs has 24 investors. Key investors include SPINS, NYU, Vector Media, Kensington Capital Partners, and Arcade Beauty.
Vengo Labs operates through Vengo Labs.