Vend is a seasoned player in the retail technology sector, founded in 2010. The company delivers a sophisticated, web-based point-of-sale and retail management solution that empowers retail owners through centralized control and seamless integration, focusing on operational growth rather than IT infrastructure.
Operating robustly in both online and offline environments, Vend eliminates traditional backup and upgrade hassles, allowing businesses to maintain sales continuity even during internet outages. This reflects its deep integration with essential retail tools, including accounting, eCommerce, and appointment scheduling applications, therefore positioning it in the burgeoning SaaS and CRM markets.
The company last secured a NZD13.00M Series D investment on 22 December 2016, supported by notable investors such as Square Peg Capital, Valar Ventures, Larsen Ventures, Movac, Sam Morgan, and Matt Rockman. This strong financial backing underscores investor confidence in Vend's growth trajectory and potential for further market penetration.