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How Vagabond Vending CEO Michael Lovett grew Vagabond Vending to $3.6M revenue with a 13 person team in 2023.

Provider of a vending management and data analytic tool designed to delight consumers with good retail experience. The company's cloud software platform includes web and mobile application that helps vending businesses to interface directly with their machines in real-time, enabling them to establish direct relationships between brands, retailers and consumer.

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Vagabond Vending Revenue

In 2023, Vagabond Vending's revenue reached $3.6M. The company previously reported $3M in 2021. Since its launch in 2011, Vagabond Vending has shown consistent revenue growth.

Vagabond Vending Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M2011201320152017201920212023$0$3M$4MSource: GetLatka.com
YearMilestone
2023Vagabond Vending Hit $3.6m revenue in December 2023
2021Vagabond Vending Hit $3m revenue in April 2021
2011Launched with $0 revenue

Vagabond Vending Valuation, Funding Rounds

Vagabond Vending has not publicly disclosed its valuation. The company has raised $4.5M in total funding to date.

Vagabond Vending has raised $4.5M in total funding across 3 rounds, with its most recent round in 2018.

Vagabond Vending Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M201120122013201420152016201720182011 cumulative: $0 • 2011 Founded: $02016 cumulative: $1M • 2011 Founded: $0 • 2016 Funding round: $1M2017 cumulative: $4M • 2011 Founded: $0 • 2016 Funding round: $1M • 2017 Funding round: $3M2018 cumulative: $4M • 2011 Founded: $0 • 2016 Funding round: $1M • 2017 Funding round: $3M • 2018 Funding round: $585K$4M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$585K--
2017Funding round$2.6M--
2016Funding round$1.3M--

Vagabond Vending Employees & Team Size

Vagabond Vending employs approximately 13 people as of 2026, down from 14 in 2022.

Vagabond Vending has 13 total employees in different roles and functions and 9 sales reps that carry a quota.

Vagabond Vending Team GrowthReported headcount over time08152330382011201320152017201920212023001313Source: GetLatka.com
YearMilestone
2023Reached 13 employees (December 2023)
2022Reached 14 employees (December 2022)
2021Reached 13 employees (December 2021)
2021Reached 34 employees (April 2021)

Founder / CEO

Michael Lovett

Michael is responsible for managing the commercial operations of the company. He brings a decade of entrepreneurial spirit and experience in IT services, software and international partnerships. Prior to CirrusWorks, Michael founded and currently serves as Chairman of Vagabond (www.vagabondvending.com), a mobile software and cellular electronics

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Customers

We do not have customer count information for Vagabond Vending yet.

Frequently Asked Questions about Vagabond Vending

What is Vagabond Vending's revenue?

Vagabond Vending generates $3.6M in revenue.

Who founded Vagabond Vending?

Vagabond Vending was founded by Michael Lovett.

Who is the CEO of Vagabond Vending?

The CEO of Vagabond Vending is Michael Lovett.

How much funding does Vagabond Vending have?

Vagabond Vending raised $4.5M.

How many employees does Vagabond Vending have?

Vagabond Vending has 13 employees.

Where is Vagabond Vending headquarters?

Vagabond Vending is headquartered in Gujarat, India.

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Compare Vagabond Vending to the industry

Vagabond Vending operates across multiple industries. Browse revenue, funding, and growth data for Vagabond Vending in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Vagabond Vending Revenue 2023: $3.6M ARR, $4.5M Raised