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. The company has 1908 active competitors, including 203 funded and 198 that have exited. Its top competitors include companies like RELEX, Cisco and Imperva.
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
Ranked
39th among 1908 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 $350M.
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 | 3505237 | Series D | 5958144 | 1487250 | 4476000 | 4164620 |
Dec 22, 2016 | 3811736 | Series D | 5433039 | 9578150 | 9619796 | |
Dec 2016 | 8265535 | Series D | 3695275 | 6027650 | 9438862 |
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, Cisco and Imperva. 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 | 77/100 | ||
2nd | Cisco 1984, San Jose (United States), Public | Provider of AI infrastructure, secure networking, and software solutions | $2.5M | 77/100 | |
3rd | Imperva 2002, Redwood City (United States), Acquired | Provider of application and data security solutions for threat protection | $54M | 77/100 | |
4th | Symantec 1982, Mountain View (United States), Acquired | Enterprise security solution suite | - | 76/100 | |
5th | Quest Software 1987, Aliso Viejo (United States), Acquired | Provider of data management, cybersecurity, and platform modernization solutions for enterprises | $11.5M | 74/100 | |
6th | Dell Technologies 1998, Round Rock (United States), Public | Provider of a suite of cyber security solutions | - | 73/100 | |
7th | Bitdefender 2001, Bucharest (Romania), Series B | Provider of cybersecurity software, threat intelligence, and managed security services | $7M | 73/100 | |
8th | Barracuda 2002, Campbell (United States), Acquired | Cloud based network firewall solution for enterprise web and email | $176M | 73/100 | |
9th | ZeroFOX 2013, Baltimore (United States), Acquired | Provider of digital risk protection, threat intelligence, and attack surface management | $154M | 72/100 | |
10th | Provider of cloud-based management solutions for retail, finance, tax, and HR | $900K | 72/100 | ||
39th | Vend 2010, San Francisco (United States), Acquired | Cloud-based retail POS solutions | $45.9M | 60/100 |
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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