Vendon is a global IoT (Internet-of-things) company, providing easy-to-use business intelligence, telemetry and payment solutions for the Vending & Coffee industry. We serve the largest food and beverage brands worldwide and thousands of companies in more than 75 countries - helping them to remotely manage their machines, optimize daily business, win more customers and grow revenue.
Location: Latvia, Vidzeme, Riga
Employees: 11-50
Phone: +371 28 669 995
Total raised: $659.1K
Founded date: 2009
Investors 1
| Date | Name | Website |
| - | BaltCap | baltcap.co... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 10.02.2012 | - | $659.1K | BaltCap |
Mentions in press and media 3
| Date | Title | Description |
| 19.07.2021 | Vendon launches contactless payment solution for vending machines | Draugiem Group internet of things company Vendon, which provides remote management of vending machines and coffee machines worldwide, introduces a contactless payment solution. It is an essential add-on to Vendon solutions that replaces the... |
| 11.01.2021 | Helping to sell 47 products per day on Amazon platform | From September to November this year, Fast Brands has sold 4,305 products on behalf of its customers on the Amazon e-commerce platform in Europe and the United States – an average of 47 items per day. The company’s observations show that co... |
| 10.02.2012 | Vendon Receives €500K from BaltCap | Vendon, a Latvian business that produces monitoring systems and solutions for vending machines, has received a €500k from private equity and venture capital firm BaltCap. The company intends to use the capital to accelerate development, hir... |