# Invenda Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/invenda-group

- Industry: Software
- Headquarters: Lucerne, Switzerland
- Website: www.invendagroup.com
- Total disclosed funding: $27M
- Latest round: Series B (Mar 14, 2023)
- Investors on record: 2

## About

Based in Alpnach, Switzerland, and founded in 2017, Invenda Group AG develops automated retail solutions. Jon Brezinski is the founder and serves as the CEO as of 2021. In March 2023, Invenda Group AG raised USD 19 million in series B funding led by new investor Point Break Capital Management, with participation from returning investor Mutschler Ventures. The company has more than 60 members as of 2021.

The company develops hardware and software solutions for vending machines, smart kiosks, and digital signage, as well as complementary sales-promoting marketing concepts and big data projects. Its smart IoT solutions enable customers to increase sales. Invenda supplies new vending machines with integrated software solutions, as well as retrofit kits for existing vending machines. It serves customers from a broad range of industries, including FMCGs, convenience and specialty retail, vending operators, and many more.

The company plans to use the series B funding received in March 2023 to further develop its cloud-based solutions, recruitment, and US expansion.

## Funding rounds

- Series B, Mar 14, 2023, $19M — Mutschler Ventures, Point Break Capital Management
- Seed, Jan 13, 2022, $7.6M — Mutschler Ventures

## Investors

- Mutschler Ventures (https://capitalatlas.ai/funds/mutschler-ventures) — Seed, Series B
- Point Break Capital Management — Series B
