# Vendys

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vendys

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.sikdae.com
- Total disclosed funding: $9.6M
- Latest round: Series B (Jul 17, 2017)
- Investors on record: 10

## About

Founded in 2014 and based in Seoul, South Korea, Vendys Inc. operates business as a business to business digital food ticket mobile application that lets users purchase food using digital tickets. The company launched its first corporate mobile meal tickets in Korea in September 2014. In July 2018, Vendys Inc. raised KRW 6.5 billion in series B funding from returning investor Woowa Brothers Corp., and new investors AJU IB Investment, Cognitive Investments, Ideabridge Partners, KB Investment, KB Securities, and Shinhan Financial Group.

The company's mobile meal ticket is a management solution that converts the rice price system, which was based on food book books, paper meal vouchers, and corporate cards, to smartphones. The company also provides food delivery service, welfare management and group gift management services.

## Funding rounds

- Series B, Jul 17, 2017, $5.8M — Shinhan Financial Group, AJU IB Investment, KB Investment, KB Securities, Idea Bridge Asset Management, Cognitive Investments, Woowa Brothers
- Series A, Jul 26, 2016, $3.1M — Korea Development Bank, Naver, Woowa Brothers
- Seed, Feb 1, 2015, $0.6M — BonAngels Venture Partners, Woowa Brothers

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed
- Woowa Brothers — Seed, Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- Naver — Series A
- Shinhan Financial Group — Series B
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series B
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- Idea Bridge Asset Management — Series B
- Cognitive Investments — Series B