Vengo Labs

Bethpage, United States Founded: 2012 • Age: 14 yrs
Smart vending machines are supplied for diverse locations.
Annual revenue - Latest available
Total funding $12.0M 6 rounds
Employees - Tracked headcount
Investors 24 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Vengo Labs

Vengo Labs is a company based in Bethpage (United States) founded in 2012 by Brian Shimmerlik and Steven Bofill. Vengo Labs has raised $11.99 million across 6 funding rounds from investors including SPINS, NYU and Vector Media. Vengo Labs offers products and services including Turnkey Technology Platform and AdServer. Vengo Labs operates in a competitive market with competitors including 365 Retail Markets, Daktronics, Lamar, Farmer's Fridge and Gas Station TV, among others.

  • Headquarter Bethpage, United States
  • Founders Brian Shimmerlik, Steven Bofill
  • Sectors
    Consumer
    Media & Entertainment Retail
  • Phone
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  • Website
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  • Social
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  • Legal Name Vengo Labs
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces 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
    $11.99 M (USD)

    in 6 rounds

  • Latest Funding Round
    $7 M (USD), Series B

    Jan 02, 2019

  • Investors
    SPINS

    & 23 more

  • Employee Count
    Not available
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Products & Services of Vengo Labs

Vengo Labs offers a comprehensive portfolio of products and services, including Turnkey Technology Platform and AdServer.

Product name locked
Category locked
Primary

Facilitates efficient buying and selling of out-of-home media screens.

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Connects digital screens with advertisers for programmatic revenue.

People of Vengo Labs

Headcount 10-50
Employee Profiles 7
Board Members and Advisors 1
Employee Profiles
People
Steve Bofill
Co-founder & Chief of Design
People
Brian Shimmerlik
CEO
People
Anthony Gelsi
Chief of Operations
People
Mary Perrella
VP, Media & Marketing

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Board Members and Advisors
people
Michael Maas
Chairman

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by the private equity firm.
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US focused VC firm
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Pre-seed and seed stage investments are targeted by VTF Capital.
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Investor details for Vengo Labs

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Investments & Acquisitions by Vengo Labs

Investments
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Investment portfolio details for Vengo Labs

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Financial Statements - Vengo Labs

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Detailed financials for Vengo Labs

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  • Profit trends
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Vengo Labs Comparisons

Vengo Labs Primary company
Description
Smart vending machines are supplied for diverse locations.
Location
Bethpage, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Vengo Labs

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Competitors of Vengo Labs

Vengo Labs 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 365 Retail Markets, Daktronics, Lamar, Farmer's Fridge and Gas Station TV, among others.

Company Name Domain Founded year HQ Location Description
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Smart vending solutions are provided for offline retailers and businesses.
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Digital billboard advertising solutions are offered by Daktronics.
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Billboard advertising spaces are sold for OOH campaigns on vehicles.
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Automated vending machines for fresh meals and snacks are operated.
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Hyper-local video content is delivered at gas station pumps.
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Healthy food options are delivered to workplaces via refrigerated dispensers.
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Detailed competitors of Vengo Labs

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Latest news on Vengo Labs

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Complete news archive for 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 current CEO of Vengo Labs. 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.

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, Farmer's Fridge and Gas Station TV.

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.

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