Yallvend

Established in 2019 and headquartered in Taipei, Taiwan, Yallvend specializes in transforming traditional vending machines into smart machines using AIoT technology to enhance user experience and operational efficiency. Yallvend Co. , Ltd. develops intelligent vending solutions and was founded by Steffen Berger.

The company operates from Taipei, Taiwan, and has successfully raised funding with a focus on enhancing its offerings. In June 2021, Yallvend secured Seed funding from SparkLabs Global Ventures, marking its first deal since inception. Yallvend Co. , Ltd.

specializes in upgrading traditional vending machines to smart machines utilizing AIoT (Artificial Intelligence of Things) solutions. Their core offerings include automated machines such as vending machines, coffee machines, washing machines, and parking billing machines, equipped with cloud-based inventory systems and sales data reporting. These products are designed to enhance operational efficiency for operators while providing end-users, such as consumers in university hospitals, theme parks, gyms, offices, and high-speed rail stations, with a seamless purchasing experience. Yallvend serves a diverse client base across several countries, including Japan, Singapore, Thailand, the Philippines, Indonesia, Malaysia, and the USA.

The company's adaptability to various brands and models of vending machines allows them to cater to a wide market, addressing the need for modern, data-driven solutions in unattended retail environments. Yallvend generates revenue through direct sales and service agreements for their product offerings, which encompass both hardware and flexible software solutions. The company’s transactions typically involve business-to-business (B2B) relationships, where operators of vending machines purchase the upgraded systems and software services. Revenue is derived from various models including one-time sales, maintenance contracts, and subscription-based services for ongoing software support.

Key products, such as the VUK and CUK vending machines and Kaba Pay and Kaba Go payment solutions, play significant roles in the pricing structure, ensuring customers benefit from advanced technology and features. The structured pricing plans enable clients to select the most suitable solutions for their operational needs while facilitating cashless payments and enhancing user experience. Yallvend is focused on expanding its product lineup, with plans to introduce new vending solutions that enhance user interaction and operational capabilities. The company aims to enter new markets across Asia and North America by 2023.

The Seed funding raised in June 2021 will support these initiatives, enabling Yallvend to enhance its technological capabilities and expand its operational footprint.