News

Vagabond Vending attracts $3M in funding round

June 30, 2016

Vagabond Vending has raised $3 million in Series A funding, according to a press release.

The company provides hardware and software solutions for vending kiosk as well as a transportation team to pick up kiosks. The company's vending management software helps to streamline merchandising, driver scheduling and trucking routes, according to the release.

"With its unique hardware and software solutions, we believe Vagabond is well-positioned to disrupt the vending industry," remarked Gale Bowman, managing director of IrishAngels, a startup investment group. "We were impressed with the leadership team and the fact that they had run several vending routes before starting the business to learn firsthand about the pain points of a vending operator."

"Vagabond engages with operators in a consultative manner to help determine which technologies make the most sense for their operations," said Vagabond COO Juan Jorquerra. "We can now finance large deployments and work hand in hand with our members' teams during implementation.  That's a game changer for operators who are already low on time and resources."