# E-Ventor Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/e-ventor-tech

- Industry: Internet
- Headquarters: Eger, Hungary
- Website: www.e-ventor.com
- Total disclosed funding: $0.6M
- Latest round: Seed (May 3, 2019)
- Investors on record: 1

## About

E-Ventor Tech LTD. is a technology company focused on providing innovative solutions for the unattended retail sector, enabling retailers to enhance inventory management and streamline consumer experiences with automated systems.E-Ventor Tech LTD. offers advanced technology solutions in unattended retail. Founded in 2016 in Eger, Hungary, by István Fazekas and Zsolt Vaszary, the company has pivoted to focus on its flagship product, evermart.ai. The company raised EUR 0.19 million in Seed funding on May 3, 2019, from Hiventures, bringing its total funding to EUR 0.19 million. Zsolt Vaszary serves as the CEO, overseeing the company's operations and strategic direction.E-Ventor Tech LTD. specializes in robotic retail solutions, particularly through its flagship product, evermart.ai, which transforms traditional glass door coolers into automated cabinets for micro markets. This technology allows retail operators and service providers to manage inventory effectively while offering enhanced shopping experiences. The company's solutions cater to various end-users in North America and Europe, facilitating improved efficiency and security in unattended retail environments.In the most recent fiscal year of 2023, E-Ventor Tech LTD. generated revenue of EUR 476,095.80, with an EBITDA of EUR -112,806.20. The revenue model focuses on B2B sales, primarily through partnerships with retail operators for the evermart.ai product, which involves both hardware sales and recurring fees for software services.E-Ventor Tech LTD. is focused on developing new features for its evermart.ai product, with plans for a product update aimed at enhancing user experiences expected to launch by the end of 2024. The company aims to expand its presence in the European market, targeting additional countries for distribution by 2025. The recently secured Seed funding of EUR 0.19 million will support these initiatives, particularly in product development and market penetration efforts.

## Funding rounds

- Seed, May 3, 2019, $0.2M — Hiventures
- Seed, Jan 18, 2018, $0.4M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed