Vengo Labs - About the company
Vengo Labs is a series B company based in Bethpage (United States), founded in 2012 by Steven Bofill and Brian Shimmerlik. It operates as a Network of digital screens facilitating programmatic advertising in public environments. Vengo Labs has raised $12M in funding from investors like NYU, Kensington Capital Partners and Vector Media. The company has 162 active competitors, including 25 funded and 18 that have exited. Its top competitors include companies like Lamar, 365 Retail Markets and Farmer's Fridge.
Company Details
Network of digital screens facilitating programmatic advertising in public environments. This infrastructure enables media buyers to display content across various venues including retail outlets, fitness centers, and hospitality locations. The system integrates with supply-side platforms to automate the purchasing and delivery of visual advertisements. Advertisers utilize this technology to reach audiences in high-traffic areas through automated bidding processes. The platform manages the distribution of media assets across a distributed array of displays to ensure consistent visibility for promotional campaigns.
- Website
- vengolabs.com
- Social
- Registered Address
- Rīga, Strazdumuižas iela 80
Key Metrics
Founded Year
2012
Location
Bethpage, United States
Stage
Series B
Total Funding
$12M in 6 rounds
Latest Funding Round
Ranked
16th among 162 active competitors
Employee Count
38 as on Jun 30, 2026
Legal entities associated with Vengo Labs
Vengo Labs is associated with 2 legal entities given below:
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Vengo Labs's funding and investors
Vengo Labs has raised a total funding of $12M over 6 rounds. Its first funding round was on Jan 18, 2013. Its latest funding round was a Series B round on Jan 02, 2019 for $*****. 7 investors participated in its latest round. Vengo Labs has 23 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Vengo Labs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 02, 2019 | 2516610 | Series B | 7667572 | 7546979 | 3805141 | 1240915 |
Mar 20, 2016 | 5595735 | Conventional Debt | 9718751 | 2054045 | 8182599 | |
Oct 21, 2015 | 9339142 | Series A | 4418296 | 2781119 | 8967985 | 2524293 |
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Vengo Labs' founders and board of directors
Founder? Claim ProfileThe founders of Vengo Labs are Steven Bofill and Brian Shimmerlik. Brian Shimmerlik is the CEO of Vengo Labs.
Here are the details of Vengo Labs' key team members:
- Steven Bofill: Co-Founder of Vengo Labs and founder of 1 other company. Contact Info: 2 email addresses
- Brian Shimmerlik: Co-Founder & CEO of Vengo Labs.
View details of Vengo Labs's Founder profiles and Board Members
Vengo Labs' employee count trend
Vengo Labs has 38 employees as of Jun 26. Here is Vengo Labs's employee count trend over the years:
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Vengo Labs's Competitors and alternates
Top competitors of Vengo Labs include Lamar, 365 Retail Markets and Farmer's Fridge. Here is the list of Top 10 competitors of Vengo Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lamar 1902, Baton Rouge (United States), Public | Platform offering billboard advertising solution | - | 67/100 | |
2nd |  365 Retail Markets 2008, Troy (United States), Series B | Provider of unattended retail technology including hardware, software, and payment solutions | - | 67/100 | |
3rd | Farmer's Fridge 2013, Chicago (United States), Series D | Provider of food vending machines | $82.6M | 65/100 | |
4th | Gas Station TV 2006, Detroit (United States), Acquired | Network of on-the-go video advertising at fuel retailers | $54.4M | 59/100 | |
5th | _1533714337880.png?devicePixelRatio=2&height=30&width=30){kind=logo} Stockwell 2016, Oakland (United States), Acquired | Smart store providing fully managed, customizable retail solutions for various spaces | $45M | 58/100 | |
6th | Lavit 2009, New York City (United States), Series A | On-demand beverage system offering variety, convenience, and sustainable choices | $13.9M | 54/100 | |
7th | Canteen 1929, Charlotte (United States), Unfunded | App-enabled smart vending machine | - | - | 54/100 |
8th | Parlevel Systems 2013, San Antonio (United States), Series A | Provider of hardware and software solutions for hospitality industry | $4.38M | 53/100 | |
9th | TendedBar 2014, Franklin (United States), Series A | Manufacturer of automated alcoholic beverage dispensing systems | $9.52M | 51/100 | |
10th | PicoBrew 2010, Seattle (United States), Series B | Craft brewery equipment manufacturer for home company | $16.1M | 50/100 | |
16th | Vengo Labs 2012, Bethpage (United States), Series B | Network of digital screens facilitating programmatic advertising in public environments | $12M | 44/100 |
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Vengo Labs's Investments and acquisitions
Vengo Labs has made no investments or acquisitions yet.
Reports related to Vengo Labs
Here is the latest report on Vengo Labs's sector:
News related to Vengo Labs
Filter this list•
33 Degrees Convenience Connect Selects Vengo as Its Exclusive Programmatic SellerGlobeNewswire•Sep 22, 2023•33 Degrees CC, Vengo Labs
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Geometria selects Vengo’s AdServer to connect 1,100 large digital screens in NYC with advertisersGlobeNewswire•Mar 22, 2023•Vengo Labs, Geometria
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Vengo announces sales partnership with AMIVendingmarketwatch•May 06, 2022•AMI Entertainment, Vengo Labs
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DOOH Partnership Brings Targeted Ads to Major MarketsMarTech Series•Nov 01, 2021•Vengo Labs, Actionfigure
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DOOH partnership brings targeted ads to major marketsDigital Signage Today•Oct 27, 2021•Vengo Labs, DooH
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Vengo Labs appoints AMI Entertainment chief Michael Maas chairman of the boardVendingmarketwatch•Mar 10, 2021•Vengo Labs, AMI Entertainment
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Vengo Launches Digital Media Platform for In-Store Advertising, PartnersMarTech Series•Aug 05, 2020•Vengo Labs
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