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General Information

Offices

Portland, USA
309 SW 6th Ave
Ste 700
Portland, OR, 97204
USA

People

Founder & CEO
Co-Founder & CTO
Advisor
Strategy Advisor

Funding

TOTAL $32.5M
FUNDING TOTAL $32.5M
Series A, 1/2012
$6.3M
Seed, 1/2012
PIE
Venture Round, 12/2012
3x5 Special Opportunity Fund
merrickhanna ventures
$8.4M
Venture Round, 1/2014
3x5 Special Opportunity Fund
merrickhanna ventures
$17.8M

Tags

Vendscreen

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.

Recent Milestones

Videos

Above:

CEO Paresh Patel presenting pitch to PIE 01-17-2012

Added: 1/23/12

Screenshots

Vendscreen screenshot
Above: Vendscreen Screenshot -- #1
Uploaded: 2/25/14

Sources

  1. Portland startup VendScreen raises $12M (oregonlive.com) [edit]
  2. Portland Incubator Experiment graduates first class, including one that landed $12 million investment (oregonlive.com) [edit]
  3. VendScreen Closes $15.4M Funding (oregonlive.com) [edit]
  4. Vending Machine Technology Startup VendScreen Picks Up $17.8M (pevc.dowjones.com) [edit]
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Last Edited 2/26/14

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