When was SMRT1 founded?

SMRT1 was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is SMRT1 located?

SMRT1 is headquartered in Nelson, Canada.

How many employees does SMRT1 have?

As of Jun 30, 2026, the latest employee count at SMRT1 is 5.

Is SMRT1 a funded company?

SMRT1 is a funded company, having raised a total of $710K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 2021.

When was the latest funding round of SMRT1?

SMRT1's latest funding was a $***** Seed round on Mar 16, 2023, with participation from 1 investor.

Where does SMRT1 rank among its competitors?

SMRT1 ranks 5th amongst 13 active competitors, of which 3 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was SMRT1, which secured $225K in Mar, 2023.

Who are the top competitors of SMRT1?

SMRT1's top competitors include PizzaForno, Daily Blends and KitchenMate. Among them, SMRT1 secured the most recent funding round in March, 2023.

SMRT1 - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform offering smart vending machine technology solutions. It offers proprietary smart vending technology, the SMRT1 POD an interactive display screen on refrigerated vending machines, and provides secure transactions. It also provides feedback, inventory control, and analytics in real-time across multiple locations. They also provide public health technology solutions that may be utilized to safely and securely dispense healthcare supplies and services.

Website: smrt1.ca
Social

Key Metrics

Founded Year

2017

Location

Nelson, Canada

Stage

Seed

Total Funding

$710K in 2 rounds

Latest Funding Round

Seed, Mar 16, 2023, $*****

Investors

Okgnangelsummit

Ranked

5^th among 13 active competitors

Employee Count

5 as on Jun 30, 2026

Similar Companies

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View SMRT1's full profile

SMRT1 has raised a total funding of $710K over 2 rounds. Its first funding round was on Jul 2021. Its latest funding round was a Seed round on Mar 16, 2023 for $*****. 1 investor participated in its latest round. SMRT1 has 1 institutional investor.

Here is the list of recent funding rounds of SMRT1:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 16, 2023	3871754	Seed	1601264	6960381	8477613	2421866
Jul 2021	6692492	Seed	1634158	9875844	7971480	6294080

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View details of SMRT1's funding rounds and investors

SMRT1's Board of Directors

SMRT1's board has 3 active members. Warren Philip Lowe, Thomas Michael Cully and Bradley David Pommen are independent board members.

Here is the list of SMRT1's board of directors:

Name	Type	Representing	Status	Duration
Warren Philip Lowe	Independent board member	-	Current	6y 5m
hqtkvkt	Independent board member	-	Current	6y 1m
mficgkb	Independent board member	-	Current	4y 7m

SMRT1's employee count trend

SMRT1 has 5 employees as of Jun 26. Here is SMRT1's employee count trend over the years:

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Top competitors of SMRT1 include PizzaForno, Daily Blends and KitchenMate. Here is the list of Top 10 competitors of SMRT1, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PizzaForno 2018, Brampton (Canada), Unfunded	Provider of automated pizza vending machine	-	-	50/100
2nd	Daily Blends 2014, Toronto (Canada), Seed	Provider of automated refrigerator offering chef-curated meals	$2M	Hustle Fund, 2048 Ventures & 3 others	37/100
3rd	KitchenMate 2014, Toronto (Canada), Seed	Platform offering automated vending machine for fresh meals	$3.62M	Golden Ventures, Eniac Ventures & 6 others	36/100
4th	Signifi 2005, Mississauga (Canada), Funding Raised	Provider of retail vending solutions for smart vending machines	-	BEST Funds, Graham Partners	34/100
5th	SMRT1 2017, Nelson (Canada), Seed	Platform offering smart vending machine technology solutions	$710K	Okgnangelsummit	27/100
6th	Generation NEXT Franchise Brands 2010, San Diego (United States), Deadpooled	Automated robotic vending solutions	-	-	26/100
7th	Sonn bevsys 2016, Vancouver (Canada), Unfunded	Personal beverage robot	-	-	24/100
8th	MagexUSA 2014, Woodbridge (Canada), Unfunded	Provider of automated vending machine solutions for retail businesses	-	-	24/100
9th	Hangry 2018, Madrid (Spain), Deadpooled	In-cab advertising platform	$1.11M	VAS Ventures, Lanzadera & 3 others	23/100
10th	Pascal Press 2016, London (Canada), Funding Raised	Portable coffee brewing machine	-	Ontario Centre of Innovation	22/100