VendScreen

Portland Incubator Experiment (PIE) // Portland Incubator Experiment (PIE) 09/01/11 starting 2011-09-01


Key notes: Vendcreen produces touch-swipe vending machines and wirelessly transmits real-time point of sale information for analytics.

Office address: 309 SW 6th Ave, Ste 700, Portland, Oregon, United States

Description: VendScreen personalizes the vending experience while utilizing the intuitive ‘Touch & Swipe’ user interface already familiar to millions of people using smartphones and other touch screen devices every day, so our users gain rich information and interactive services without the hassle of a new learning curve. VendScreen wirelessly delivers nutrition data and advertising to displays mounted on vending machines while collecting real-time, point-of-sale information for analytics tracking. We give users the ability to review nutrition information prior to purchase while providing operators a seamless and automatic system to comply with the new calorie disclosure law. We offer advertisers uncluttered access to a two-way connection with consumers in a manner previously not possible – at the vending machine at the very moment of the purchase decision! VendScreen is a complete vending solution with patents pending on the following: * Device hardware with a one-of-a-kind user interface, which can be installed on new machines or retrofitted onto almost every existing vending machine * Innovative sync technology, which seamlessly keeps data on the device updated with product and inventory information without any user interaction * Cloud-based server with rich data processing Our device and services will add great value to existing and new vending machines, including: * Nutrition information (soon to be required by law) Promotions and advertising * Cashless payment (credit, loyalty and online accounts) Analytical data * DEX data upload for third-party dynamic route scheduling and pre-kitting In short, we equip vending machines with an Android-based smart device, connect it to the Internet wirelessly, then leverage the setup for a variety of applications, which build value for users, operators and advertisers.

View details on Crunchbase:

http://www.crunchbase.com/organization/vendscreen

$ 64,500,000 over 5 funding rounds.

Exit value: $ 5,600,000

Seed-DB Exit data:

Exit value = $ 5,600,000. (Confidence = )

Angellist Page:

https://angel.co/vendscreen


Funding Rounds

Date Name $ Invested Crunchbase link
2016-01-25 venture $ 32,000,000 Detailed data
2014-01-22 venture $ 17,800,000 Detailed data
2012-01-01 venture $ 6,300,000 Detailed data
2012-12-09 venture $ 8,400,000 Detailed data
2012-01-17 seed Detailed data

Investors

Round Date Round Name Investor Crunchbase Link
2016-01-25 venture PIE Investor Profile
2016-01-25 venture merrickhanna ventures Investor Profile
2012-12-09 venture merrickhanna ventures Investor Profile
2012-01-17 seed PIE Investor Profile
2012-12-09 venture 3x5 Special Opportunity Fund Investor Profile
2014-01-22 venture merrickhanna ventures Investor Profile
2014-01-22 venture 3x5 Special Opportunity Fund Investor Profile


Contact Jed if you have updated information for VendScreen

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 18-Dec-2012, 16:59

Last Crunchbase update: 27-Jun-2019, 05:16

Last modified: 04-Mar-2021, 05:16

Country: USA