Vend
Auckland, Auckland, New Zealand
2020 Revenue
$36M
Funding
$47.8M
Team
345
Founded
2009
Vend Revenue & Funding (2020)
Vend generated $36M in revenue in 2020.
Vend is web-based point-of-sale and retail management software. Vend allows real-world retail store owners or managers to have full visibility and centralized control of one to many retail stores. Vend runs in the browser and supports full online and offline modes. Even though Vend is web-based it works offline, so users can keep making sales if the internet drops out. Vend integrates seamlessly with other web applications used to run retail stores, like accounting, ecommerce, appointment scheduling and others. The Vend platform is subscription based, never requires backups or upgrades and lets retailers get on with running their retail enterprise instead of worrying about their IT infrastructure.
Last updated
Vend Revenue
In 2020, Vend's revenue reached $36M.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Vend Hit $36m revenue in August 2020 | Not recorded |
| 2009 | Launched with $0 revenue |
Vend Valuation, Funding Rounds
Vend has not publicly disclosed its valuation. The company has raised $47.8M in total funding to date.
Vend has raised $47.8M in total funding across 6 rounds, most recently a $9.2M Series D round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | Series D | $9.2M | - | - | Not recorded |
| 2015 | Series C | $8.6M | - | - | Not recorded |
| 2014 | Series B | $20M | - | - | Not recorded |
| 2013 | Venture | $6.5M | - | - | Not recorded |
| 2012 | Series A | $2.5M | - | - | Not recorded |
| 2011 | Seed | $1M | - | - | Not recorded |
Founder / CEO
Vend Employees & Team Size
Vend employs approximately 345 people as of 2026, down from 413 in 2019, including 88 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 345 employees (December 2020) | Not recorded |
| 2020 | Reached 250 employees (August 2020) | Not recorded |
| 2020 | Reached 377 employees (June 2020) | Not recorded |
| 2019 | Reached 413 employees (December 2019) | Not recorded |
| 2018 | Reached 320 employees (December 2018) | Not recorded |
Frequently Asked Questions about Vend
Who owns Vend?
Vend is owned by Lightspeed POS, which acquired it.
What is Vend's revenue?
As of 2020, Vend generated $36M in revenue.
Who founded Vend?
Vend was founded by Vaughan Rowsell.
When was Vend founded?
Vend was founded in 2009.
How much funding does Vend have?
Vend raised $47.8M across 6 rounds.
How many employees does Vend have?
As of 2020, Vend had 345 employees.
Where is Vend headquartered?
Vend is headquartered in Auckland, Auckland, New Zealand.
Compare Vend to the industry
Vend operates across multiple industries. Browse revenue, funding, and growth data for Vend in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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