Vend - About the company
Vend is an acquired company based in San Francisco (United States), founded in 2010 by Vaughan Rowsell. It operates as a Cloud-based retail POS solutions. Vend has raised $45.9M in funding from investors like Movac, Jasmine Social Investments and Qualgro, with last known valuation of $*****. The company has 1680 active competitors, including 161 funded and 181 that have exited. Its top competitors include companies like RELEX, Lightspeed and CallidusCloud.
Company Details
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.
- Website
- vendhq.com
- Phone Number
- +1 **********
- Registered Address
- 2 Nuffield Street, Newmarket, Auckland, 1023, New Zealand
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Acquired
Total Funding
$45.9M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 11, 2021
Ranked
13th among 1680 active competitors
Employee Count
38 as on Dec 31, 2023
Exit Details
Acquired by Lightspeed (Mar 11, 2021)
Legal entities associated with Vend
Vend is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VEND LIMITED CIN: 2212542 , New Zealand, Active | Apr 15, 2009 | - | - |
Vend's acquisition details
Vend got acquired by Lightspeed on Mar 11, 2021 at an acquisition amount of $*****.
Click here to take a look at Vend's acquisition in detail
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Vend's funding and investors
Vend has raised a total funding of $45.9M over 8 rounds. Its first funding round was on Aug 15, 2011. Its latest funding round was a Series D round on Dec 2018 for $*****. 2 investors participated in its latest round. Vend has 16 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Vend:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 2018 | 4365649 | Series D | 6227522 | 9596676 | 8511517 | 5750487 |
Dec 22, 2016 | 9009820 | Series D | 5669296 | 5003893 | 5510362 | |
Dec 2016 | 7294559 | Series D | 3879259 | 9084761 | 7642052 |
View details of Vend's funding rounds and investors
Vend's founders and board of directors
Founder? Claim ProfileThe founders of Vend is Vaughan Rowsell.
Here are the details of Vend's key team members:
- Vaughan Rowsell: Former Founder & CEO of Vend and founder of 2 other companies, Farview Equity Partners and Vendecommerce. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Vend's Founder profiles and Board Members
Vend's employee count trend
Vend has 38 employees as of Dec 23. Here is Vend's employee count trend over the years:
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Vend's Competitors and alternates
Top competitors of Vend include RELEX, Lightspeed and CallidusCloud. Here is the list of Top 10 competitors of Vend, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of unified platform for retail and supply chain planning | $816M | 76/100 | ||
2nd | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 76/100 | |
3rd | CallidusCloud 1996, Pleasanton (United States), Acquired | Cloud-based sales, marketing and pipeline management solutions | $89.3M | 74/100 | |
4th | Cloud-based enterprise asset management solutions | $52.3M | 69/100 | ||
5th | SaaS-based ERP solutions for e-commerce retailers | $225M | 68/100 | ||
6th | Online retailer of everyday consumer goods providing delivery services to shops | $152M | 67/100 | ||
7th | Index (acquired by Stripe) 2012, San Francisco (United States), Acquired | Payment solutions and personalized marketing to offline retailers | $26M | 66/100 | |
8th | Developer of artificial intelligence platforms for enterprise operations and management | $100M | 64/100 | ||
9th | Fluent Commerce 2013, Sydney (Australia), Series C | Cloud-based back-end management solutions for omnichannel retailers | $59.7M | 63/100 | |
10th | Ometria Technologies 2013, London (United Kingdom), Series C | Provider of a customer data and experience platform for retail | $71.4M | 62/100 | |
13th | Vend 2010, San Francisco (United States), Acquired | Cloud-based retail POS solutions | $45.9M | 61/100 |
Looking for more details on Vend's competitors? Click here to see the top ones
Vend's Investments and acquisitions
Vend has made no investments or acquisitions yet.
Reports related to Vend
Here is the latest report on Vend's sector:
News related to Vend
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Lightspeed Payments Availability Expands to New APAC and US Customer LocationsPR Newswire•Nov 02, 2021•Lightspeed, Vend
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Loop Insights completes API integration of technology with Vend POSProactive Investors•Apr 07, 2021•Loop Insights, Vend
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Lightspeed’s $350 Million Acquisition of Vend LimitedGlobal Legal Chronicle•Mar 17, 2021•Lightspeed, Vend
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VCs to exit New Zealand-based software developerAsian Venture Capital Journal•Mar 15, 2021•Lightspeed, Vend
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Loop Insights eyes monthly recurring revenue from 550 Your CBD Store locations in the USProactive Investors•Nov 04, 2020•Loop Insights, , Shopify, Vend
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