Vagabond Vending
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Vagabond Vending - overview
Established
2011
Location
Washington, DC, US
Primary Industry
Software
About
Vagabond Vending specializes in enhancing consumer engagement in unattended retail environments through innovative solutions, including an ERP system and mobile applications that streamline transactions and improve user experience. Founded in 2011 in Washington, US, Vagabond Vending offers solutions for unattended retail. The company has engaged in two notable deals, with the most recent deal occurring on June 27, 2016. Michael L.
serves as both founder and CEO, emphasizing his leadership in the company's strategic direction and operational execution. Vagabond Vending provides a suite of products aimed at improving consumer engagement in unattended retail settings. Their flagship offerings include an ERP system and the vīv mobile and web applications, which utilize Google's mapping technologies to enhance purchasing processes. These solutions are tailored to improve transaction efficiency and user experience, while assisting business owners in adapting to the complexities of modern retail, particularly in urban centers and educational institutions.
Vagabond Vending generates revenue through a structured transaction model involving subscription services and partnerships with businesses in unattended retail. Their vīv platform operates on a subscription basis, providing clients with advanced features and valuable analytics. Additionally, partnerships with universities and corporate workplaces further contribute to the revenue stream as they implement Vagabond's solutions to enhance retail operations. Vagabond Vending plans to utilize the USD 3 million raised in Series A funding, concluded on June 27, 2016, to develop new products and expand its market reach.
Upcoming product launches are focused on enhancing features of the vīv platform. The company aims to penetrate new markets, particularly targeting more urban areas and institutions by the end of 2023 to meet the rising demand for efficient unattended retail solutions.
Current Investors
Blu Venture Investors, Middleburg Capital Development, IrishAngels
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.vagabondvending.com
Company Stage
Series A
Total Amount Raised
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