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Invenda Group

Industriestrasse 23, Alpnach Dorf, Obwalden, 6055, Switzerland

Overview

Invenda Group, founded in 2017 and led by CEO Jon Brezinski, builds a proprietary operating system and cloud suite for automated retail. Its products include InvendaOS, Invenda Cloud and Invenda Wallet, which leverage IoT, cloud technology and AI to optimize vending machines, smart fridges and micro market kiosks. The company frames its offering as enabling the Internet of Retail, connecting software and hardware to drive curated, measurable customer experiences. Invenda plans to use new funding to continue development of its cloud-based solutions and to support commercial and geographic expansion in the United States. It maintains offices and showrooms in London, Berlin, Stockholm, Novi Sad and Hong Kong and intends to open a US office and showroom in 2023. Partners and integrations include Microsoft and Intel, and customers include Mars Wrigley, Coca-Cola, Selecta and Valora. Invenda builds integrated software and hardware solutions for Automated Retail, selling new vending machines with built-in software or retrofit kits for existing machines. The company offers AI promotions, large touch screens, patented A-Z touchless transaction technology, gamification and crypto capabilities. Invenda says its IoT solutions enable customers to increase sales by an average of 50% and counts clients such as Coca‑Cola, Mars Wrigley and Lindt & Sprüngli. It is active in 14 countries and has subsidiaries in Serbia, Hong Kong and Sweden, while maintaining headquarters in Alpnach, Obwalden. Recent product activity included the installation of its first outdoor machines and a move into larger headquarters to showcase products. Partners include Microsoft, Intel and BLOCKv; the company intends to use funding to expand sales and development as it pursues global growth.

Total raised
$27M
Funding rounds
2
Latest round
Series B
Latest activity
Mar 2023

Industries

  • Digital Signage
  • Hardware
  • Information Technology
  • Internet of Things
  • Retail Technology
  • Software
  • Vending and Concessions
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Recent funding

  1. Series B

    Mar 2023

    $19M

  2. Equity

    Jan 2022

    $8M

Team