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Invendor logo — Industrial Vending Solutions: smart cabinets, mobile app, we...

Invendor

Industrial Vending Solutions: smart cabinets, mobile app, web portal & integrations.

Founded 2017 Estonia Estonia 16 employees Seed Total: $1.07M Data Analytics, Hardware +2

General Information

Company Name Invendor
Founded Year 2017
Location Estonia Estonia
Employees 16
Industries Data Analytics, Hardware, Information Technology +1
Funding Stage Seed
Social

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About Invendor

Invendor is a highly innovative startup that aims to revolutionize the B2B industrial distribution sector. With their slogan "Helping industrial distributors run self-checkout sites at customer locations to make their goods always available," they have identified a critical need in the market. Founded in 2017 and headquartered in Estonia, Invendor specializes in providing self-checkout sites for industrial distributors, enabling them to offer VMI (vendor-managed inventory) in a cost-effective manner. The company's solution utilizes Bluetooth-operated lockers and weight-sensing technology, ensuring the lowest possible total cost of ownership. Invendor recently received a significant boost through a Seed Round investment on 01 July 2023, with Futurology Ventures backing their vision. This investment marks a crucial milestone in the company's journey and underscores the confidence that prominent venture capitalists have in Invendor's potential. The startup operates within the Hardware and Information Technology industries, leveraging advanced technology to address a pressing need in the industrial distribution space. Their commitment to making VMI accessible and cost-effective positions Invendor as a disruptor in the market, with the potential to drive substantial value for both industrial distributors and their customers. For further details, interested parties can visit their website at www.invendor.com.

Business keywords: industrial distributors, self-checkout sites, VMI, vendor-managed inventory, Bluetooth-operated lockers, weight-sensing technology, total cost of ownership, industrial supply chain, technology-driven solutions, supply chain optimization

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Futurology Ventures
Futurology Ventures
01 Jul 2023
Convertible Note $120.00K 1
Techstars
Techstars
01 Mar 2023
Pre Seed Round €950.00K -
01 Jan 2020

Invendor Alternatives & Competitors

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Invendor vs
TransVoyant
TransVoyant United States

Powering The Intelligent Supply Chain

Venture round
35 employees
Analytics, Big Data
Invendor vs
Industrial IT Systems
Industrial IT Systems United Kingdom

Connecting Industry

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Invendor vs
Firefly Sensing
Firefly Sensing The Netherlands

Photonic Sensors for an Industry In Transition | The Next Standard in Process Monitoring.

5 employees
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FAQ About Invendor

Industrial Vending Solutions: smart cabinets, mobile app, web portal & integrations.
Invendor was founded in 2017.
Invendor is headquartered in Estonia.
Invendor operates in Data Analytics, Hardware, Information Technology and IoT. Its work centres on industrial distributors, self-checkout sites, VMI and vendor-managed inventory.
Invendor has approximately 16 employees.
Invendor has completed 3 funding rounds, raising a total of $1.07M. The latest funding stage is Seed.
Top alternatives and competitors to Invendor include TransVoyant , Industrial IT Systems, Firefly Sensing, IntegraServ, Arox. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Invendor and TransVoyant are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Invendor, https://bouncewatch.com/company/invendor, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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