Vesto
Latest round
- Seed
Last raised
- Oct 2023
Total raised
- $3.2M
Investors
- 3
About Vesto
Vesto is a French company specializing in the refurbishment and resale of professional kitchen equipment, providing high-quality reconditioned products to the culinary sector, including restaurants and caterers. Founded in 2020 and headquartered in Paris, France, Vesto focuses on the refurbishment of kitchen equipment.Wilfrid Dumas. Vesto does not have any known subsidiaries or parent companies. Vesto specializes in the refurbishment and resale of professional kitchen equipment, offering a range of high-quality reconditioned products to various sectors including restaurants, caterers, and other food service businesses. The company’s core offerings encompass a wide variety of equipment, such as ovens, refrigeration units, dishwashers, and food preparation machines, all rigorously tested to ensure they meet operational standards. Vesto's reconditioning process takes place in France, where equipment is not only repaired and cleaned but also upgraded to guarantee optimal functionality. Their focus on sustainability aligns with the principles of the AGEC law, promoting circular economy practices by allowing clients to trade in their used equipment for reconditioned models. Vesto serves customers throughout France, ensuring timely delivery and installation through a network of approved partners, while also catering to international markets in Europe. Vesto generates revenue primarily through the sale of reconditioned kitchen equipment, wherein customers place orders for specific items that are subsequently delivered and installed by Vesto's network of partners. The company establishes transactional relationships with clients via B2B sales and partnerships, targeting professionals in the culinary industry who seek cost-effective solutions for their kitchen needs. Revenue streams are further enhanced through the collection and refurbishment of clients' outdated equipment, allowing Vesto to offer competitive pricing while ensuring quality and reliability in their products. Each piece of equipment, such as the flagship reconditioned ovens and dishwashers, comes with a minimum warranty of six months, underscoring Vesto's commitment to customer satisfaction and service excellence. The pricing structure reflects significant discounts compared to new products, delivering value to clients while fostering long-term partnerships.
Who invested in Vesto
3 investors across 1 round
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Funding rounds
Seed
Oct 8, 2023
Amount
$3.2M
Investors
Questions about Vesto
Who invested in Vesto?
Vesto has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Vesto raised?
Vesto has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Vesto last raise money?
Vesto's most recent round on record is a Seed, in Oct 2023.
What does Vesto do?
Vesto is a French company specializing in the refurbishment and resale of professional kitchen equipment, providing high-quality reconditioned products to the culinary sector, including restaurants and caterers.
Where is Vesto headquartered?
Vesto is headquartered in Paris, France.
Which VCs invest in companies like Vesto?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back consumer products companies at Vesto's stage. Their profiles are linked below.
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