StageAcquired | Acquired
Vend provides a retail HTML5 POS that allows retailers to process sales, track inventory, and manage customers on any device or platform, including iPad or existing POS hardware. On March 11th, 2021, Vend was acquired by Lightspeed POS.
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Research containing Vend
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Vend in 1 CB Insights research brief, most recently on Feb 11, 2021.
Expert Collections containing Vend
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Vend is included in 5 Expert Collections, including Restaurant Tech.
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.
Store tech (In-store retail tech)
Startups aiming to work with retailers to improve brick-and-mortar retail store operations.
These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.
Excludes US-based companies
Vend has filed 1 patent.
The 3 most popular patent topics include:
- HD 40307
- Mobile applications
Latest Vend News
May 22, 2023
181.65 Billion By 2032 | CAGR of 7.6% The Global Point-Of-Sale Terminal Market Size was valued at USD 87.32 Billion in 2022 and the Worldwide Point-Of-Sale Terminal Market Size is expected to reach USD 181.65 Billion by 2032, according to a research report published by Spherical Insights & Consulting. Companies Covered: Verifone, Ingenico Group, Toshiba Global Commerce Solutions, NCR Corporation, PAX Technology, Fujitsu Limited, Square Inc., Revel Systems, Shopify Inc., Lightspeed POS Inc., Toast Inc., Upserve Inc., Heartland Payment Systems, Vend Limited, TouchBistro Inc., Harbortouch Payments, ShopKeep, Clover Network Inc and among others. May 22, 2023 05:30 ET Pune, INDIA New York, United States , May 22, 2023 (GLOBE NEWSWIRE) -- The Global Point-Of-Sale Terminal Market Size is to grow from USD 87.32 billion in 2022 to USD 181.65 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period. Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/1850 A Point-of-Sale (POS) Terminal is a computerized system used to process transactions at retail locations, such as stores, restaurants, and other businesses. It typically consists of a computer or tablet device, a cash register or card reader, and software that allows merchants to process sales, manage inventory, track customer data, and generate reports. POS terminals can accept various forms of payment, including credit and debit cards, cash, and mobile payments. They streamline checkout processes, improve accuracy and efficiency, and provide merchants with valuable data insights to optimize their businesses. POS systems have become an essential tool for modern retailers to manage their operations and provide a seamless customer experience. Browse key industry insights spread across 200 pages with 120 market data tables and figures & charts from the report on " Global Point-Of-Sale Terminal Market Size , Share, and COVID-19 Impact Analysis, By Product (Fixed and Mobile), By Component (Hardware, Software, and Services), By Deployment (Cloud and On-premise), By End-Use (Restaurants, Retail, Hospitality, Healthcare, Warehouse, Entertainment, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here: Buy Now Full Report: https://www.sphericalinsights.com/checkout/1850 The cloud segment is expected to grow at a CAGR of around 8.1% during the forecast period. Based on deployment, the global point-of-sale terminal market is segmented into cloud and on-premise. The cloud segment is expected to register the fastest growth in the Point-of-Sale (POS) Terminal market due to several factors. Cloud-based POS solutions offer several advantages over traditional on-premise systems, including enhanced scalability, flexibility, and accessibility. With cloud-based POS systems, businesses can easily integrate with other cloud-based platforms for enhanced functionality and ease of use. Additionally, cloud-based systems offer improved security features and are more cost effective than traditional systems, making them attractive for small and medium-sized businesses. Finally, the increasing adoption of Software-as-a-Service (SaaS) models and the emergence of AI-powered cloud-based POS solutions are expected to drive further growth in the cloud segment. The retail segment held the largest market share of more than 32.5% in 2022. Based on end-use, the global point-of-sale terminal market is segmented into restaurants, retail, hospitality, healthcare, warehouse, entertainment, and others. The retail segment held the largest market share in 2022. The retail industry has a high level of technology adoption and relies heavily on POS systems for transaction processing and inventory management. Moreover, the growing adoption of digital payment methods and the emergence of omnichannel retailing have further increased the demand for POS systems in the retail industry. Additionally, the increasing focus on enhancing customer experience through personalized promotions and loyalty programs has led to the adoption of advanced POS solutions, such as AI-powered systems. Finally, the demand for cloud-based POS solutions has further fueled growth in the retail segment. Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/1850 Asia-Pacific is predicted to grow at a higher CAGR of 9.5% over the forecast period. Based on region, the Asia-Pacific region is expected to be the fastest-growing market for Point-of-Sale (POS) Terminals due to several factors. The region has a large and rapidly growing retail industry, particularly in countries like China and India, with increasing adoption of digital payment methods. Moreover, the rising popularity of e-commerce and m-commerce platforms is driving demand for POS systems in the region. Additionally, the increasing penetration of smartphones and mobile devices, coupled with the growing demand for contactless payments, is driving the adoption of mobile POS solutions. Finally, the emergence of new technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) is expected to further fuel growth in the Asia-Pacific POS Terminal market. Competitive Analysis: The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Some of the major players in the global point-of-sale terminal market include Verifone, Ingenico Group, Toshiba Global Commerce Solutions, NCR Corporation, PAX Technology, Fujitsu Limited, Square Inc., Revel Systems, Shopify Inc., Lightspeed POS Inc., Toast Inc., Upserve Inc., Heartland Payment Systems, Vend Limited, TouchBistro Inc., Harbortouch Payments, ShopKeep, and Clover Network Inc. Get Discount At @ https://www.sphericalinsights.com/request-discount/1850 Market Segment This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global point-of-sale terminal market based on the below-mentioned segments: Point-Of-Sale Terminal Market, By Product Fixed Hardware Cloud Restaurants North America
Vend Frequently Asked Questions (FAQ)
Where is Vend's headquarters?
Vend's headquarters is located at Level 1, 2-36 Nuffield Street, Auckland.
What is Vend's latest funding round?
Vend's latest funding round is Acquired.
How much did Vend raise?
Vend raised a total of $47.5M.
Who are the investors of Vend?
Investors of Vend include Lightspeed, Square Peg Capital, Jasmine Social Investments, Movac, Point Nine Capital and 10 more.
Who are Vend's competitors?
Competitors of Vend include Black.ai and 7 more.
Compare Vend to Competitors
RetailNext develops a store retail analytics system to provide shopping experiences. The system focuses on retail analytics for brick-and-mortar businesses, delivering analytics on customer shopping behavior. It was formerly known as BVI Networks. The company was founded in 2007 and is based in San Jose, California.
Revel Systems develops mobile POS software that provides up-to-the-minute reporting, allowing users to effectively and efficiently track sales at restaurants, grocery, or retail stores in real time. There is no back-of-house server needed and no mandatory contracts or hidden fees. Revel Systems provides a host of reports that are instantly available anywhere. Users can track any and all locations and for added convenience, grant access to accountants or other business associates. The company was founded in 2010 and is based in Atlanta, Georgia.
Bindo is the one-stop iPad Point-of-Sale (POS) solution that connects local brick-and-mortar merchants to their customers, giving businesses a more cohesive and competitive technology solution that complements the ever-changing and dynamic needs of their consumers. With Bindo POS, businesses will be able to better manage their stores, keep track of their customers and have access to sophisticated tools to allow their business be run more efficiently. Coming soon, the Bindo Market iPhone app will allow everyday consumers to make on-demand delivery purchases directly on their smartphones, thereby closing the Online-to-Offline loop for merchants.
Omniful is an enterprise software-as-a-service (SaaS) company. It provides a plug-and-play back-office solution for omnichannel retailers and dark-store operators to ship orders fast. It was founded in 2021 and is based in Riyadh, Saudi Arabia.
Zoop develops a mobile commerce and payment platform/solution that enables individuals and businesses to accept chip & PIN cards, mobile wallets and magnetic stripe payments on the go. The multi-functional credit card terminal interfaces as a single device to any number of smartphones, tablets and/or computers, enabling new usage and business models.
Euclid is the premier provider of an integrated web operations service framework for Enterprises and Internet companies with mission-critical web applications. Euclid's services provide a complete framework for testing, building and monitoring complex web infrastructure to ensure a high degree of availability, performance and security.
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