Led · Series B · Mar 2023

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.

Participated · Series B · Feb 2022

Brunt Workwear designs and sells modern work boots, clothing, and accessories targeted at construction, installation, maintenance, and repair professionals. The company began with boots and expanded its assortment six months after launch in 2021 to include jackets, pants, and accessories. Led by CEO Eric Girouard, the brand emphasizes product development and DTC e-commerce while planning broader retail distribution. Brunt raised $20M in a Series B to support inventory increases, team growth, additional product development, and expansion of retail channels beyond its digital storefront. The company positions itself to serve more than 17 million U.S. workers in relevant trades. Prior to Brunt, Girouard spent over a decade in e-commerce and direct-to-consumer roles at startups including Rue La La, M.Gemi, and Trade Coffee. Brunt Workwear is a modern work boot and apparel brand led by founder and CEO Eric Girouard that serves workers across the construction, installation, maintenance, and repair industries. The company launched with work boots and has expanded into clothing and accessories. Brunt plans to use proceeds from its Series A to increase production, grow its leadership team, and expand into new categories and classifications. It raised $8.4M in a Series A round led by TF Cornerstone with participation from Andrew Rosen and Ben Fischman. In the past year Brunt grew 63% month-over-month, recorded a 44% repeat purchase rate from its original customer cohort, and expects 150% growth in 2022.