Invenda Group provides a unified platform for managing automated retail devices, enabling remote control of pricing, promotions, and device diagnostics. This technology reduces operational costs by 30% and increases sales by an average of 60% through enhanced consumer engagement and advertising opportunities.
Funding
$28.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing a network of automated retail devices, such as vending machines and smart fridges, often involves disparate systems for pricing, promotions, and maintenance, leading to operational inefficiencies. Operators lack a unified view of their device network, hindering real-time adjustments and proactive issue resolution. This complexity limits revenue potential and increases operational costs.
Solution
Invenda Group offers a unified platform for managing automated retail devices, providing remote control over pricing, promotions, and device diagnostics. The platform connects all devices under a single digital interface, streamlining operations and enabling real-time adjustments. By centralizing management, Invenda reduces operational costs through remote monitoring and issue diagnosis, minimizing the need for on-site interventions. The platform also enhances consumer engagement and advertising opportunities through digital screens, leading to increased sales and additional revenue streams.
Target Audience
Invenda's primary customers include consumer brands, vending operators, retailers, and manufacturers who utilize automated retail devices.
Features
- Remote management of planograms, pricing, and promotions across the entire device network
- Real-time monitoring of machine health and remote diagnostics for proactive issue resolution
- Integrated advertising platform for running targeted campaigns on device screens
- Comprehensive reporting and analytics for data-driven decision-making
- Flexible payment options, including integration with the Invenda Wallet
- Compatibility with various automated retail devices, including vending machines, smart fridges, and micromarket kiosks
- API access for integration with existing business systems