Vendon - About the company
Vendon is an acquired company based in Marupe (Latvia), founded in 2008 by Lauris Liberts. It operates as a Vending management telemetry solutions provider. Vendon has raised $630K in funding, with last known valuation of $*****. The company has 952 active competitors, including 93 funded and 109 that have exited. Its top competitors include companies like RELEX, Lightspeed and Wasoko.
Company Details
Vendon is a vending management software company. It started with finding a smarter way to manage vending machine refills. Now it provides an end-to-end solution to manage the vending process. Vendors can see real time updates pertaining to their vending machines. They can automatically generate routes and provide alerts whenever stock needs to be re-filled eliminating unnecessary trips to vending machines. Some of their clients include Pelican Rouge, TopSec, King Coffee Service, ATS, Vending Land, etc.
- Website
- vendon.net
- Social
- Email ID
- *****@vendon.net
- Registered Address
- Rīga, Ojāra Vācieša iela 6B
Key Metrics
Founded Year
2008
Location
Marupe, Latvia
Stage
Acquired
Total Funding
$630K in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Jul 01, 2022
Investors
Ranked
78th among 952 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2024
Employee Count
39 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Azkoyen (Jul 01, 2022)
Legal entities associated with Vendon
Vendon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Vendon CIN: 40103422387 , Latvia, Active | May 27, 2011 | €1M - €10M (As on Dec 31, 2024) | 37 (As on Dec 31, 2023) | - |
Vendon's acquisition details
Click here to take a look at Vendon's acquisition in detail
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Vendon's funding and investors
Vendon has raised a total funding of $630K over 1 round. Its latest funding round was a Seed round on Jan 09, 2012 for $*****. 1 investor participated in its latest round. Vendon has 1 institutional investor.
Here is the list of recent funding rounds of Vendon:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 09, 2012 | 3711672 | Seed | 2950349 | 2262498 | 6644823 | 8883598 |
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Vendon's founders and board of directors
Founder? Claim ProfileThe founders of Vendon is Lauris Liberts.
Here are the details of Vendon's key team members:
- Lauris Liberts: Co-Founder of Vendon and founder of 4 other companies, including Pirmdiena, Mapon and Printful. Contact Info: 3 email addresses
- Kristians Vebers: CEO of Vendon.
View details of Vendon's Founder profiles and Board Members
Vendon's employee count trend
Vendon has 39 employees as of Aug 26. Here is Vendon's employee count trend over the years:
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Vendon's Competitors and alternates
Top competitors of Vendon include RELEX, Lightspeed and Wasoko. Here is the list of Top 10 competitors of Vendon, 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 | Online retailer of everyday consumer goods providing delivery services to shops | $152M | 67/100 | ||
4th |  Index (acquired by Stripe) 2012, San Francisco (United States), Acquired | Payment solutions and personalized marketing to offline retailers | $26M | 66/100 | |
5th | Telexistence 2017, Tokyo (Japan), Series B | Manufacturer of remote controlled robots for automated retail labor tasks | $210M | 65/100 | |
6th | Fluent Commerce 2013, Sydney (Australia), Series C | Cloud-based back-end management solutions for omnichannel retailers | $59.7M | 63/100 | |
7th | Bossa Nova 2005, San Francisco (United States), Series C | Provider of robots for retail stores | $69.6M | 61/100 | |
8th | Vend 2010, San Francisco (United States), Acquired | Cloud-based retail POS solutions | $45.9M | 61/100 | |
9th | Mad Mobile 2010, Tampa (United States), Series A | Developer of artificial intelligence platforms for retail and restaurant operations | $20M | 59/100 | |
10th | Simbe Robotics 2014, San Francisco (United States), Series C | Developing robotic products for retail execution | $104M | 58/100 | |
78th | Vending management telemetry solutions provider | $630K | 39/100 |
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Vendon's Investments and acquisitions
Vendon has made no investments or acquisitions yet.
Reports related to Vendon
Here is the latest report on Vendon's sector:
News related to Vendon
•
Vendon develops telemetry system for remote reverse vending machine managementFoodBev Media•Oct 06, 2022•Vendon
•
•
Azkoyen acquires 100% of SIA Vendon for 9.3 million eurosEl Confidencial Digital•Jul 01, 2022•Vendon, Azkoyen
•
Vendon introduces contactless payment solution for vending and coffee machinesVendingmarketwatch•Jul 15, 2021•Vendon
•
Vendon and AT&T to Connect Coffee Stations for Thirsty Office WorkersPR Newswire•Jun 25, 2019•AT&T, Vendon
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