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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 +2
Employees 16
Industries Data Analytics, Hardware, Information Technology +1
Funding Stage Seed
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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.

Taxonomy: 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 •••••• 1
Investor
01 Jul 2023
Convertible Note •••••• 1
Investor
01 Mar 2023
Pre Seed Round •••••• - 01 Jan 2020

Invendor Alternatives & Competitors

Invendor vs
FieldEye
FieldEye

Empowering industrial operations with seamless project management and procurement solutions.

Series A
Industrial, Real Estate
Invendor vs
US AIR SUPPLY
US AIR SUPPLY United States

Flexport for Industrial Gases

4 employees
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Invendor vs
Imexa Industrial
Imexa Industrial United States

Imexa Industrial provides products from the manufacturer you trust, and the lines you demand.

7 employees
Industrial, Manufacturing

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 the following industries: Data Analytics, Hardware, Information Technology, IoT.
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 FieldEye, US AIR SUPPLY, Imexa Industrial, Conner Industries, Inc., MAXCO CHAIN, Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Invendor and FieldEye 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.

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