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Solutions Vending International

Solutions Vending International

Early Stage

Powering the Automated Future of Retail

Powering the Automated Future of Retail

Overview

Raised to Date: Raised: $1,052,703

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/31/2020

Close Date

07/10/2020

Min. Goal
$10,000
Max. Goal
$1,052,867
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.55

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/01/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$10,527

# of Investors

2,671

Momentum
Funded
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Year Founded

2012

Industry

Retail Shops & Department Stores

Tech Sector

Retailtech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

Columbus, Ohio

Business Type

High Growth

Solutions Vending International, with a pre-money valuation of $25 million, is raising funds on StartEngine. The company has created an automated retail technology platform for vending machines and kiosks. The platform is the future of retail and allows retailers to use big data, learn from it, and understand their customers better. Solutions Vending International was founded by Dawn Dickson in 2012 and has raised over $2 million since its inception. The current crowdfunding round of the company has a minimum target of $10,000 and a maximum target of $763,000, and the funds will be used to grow and expand the business. Solutions Vending International already has past and future paid pilots with Procter & Gamble, a global winemaker, and a premier cannabis shop in the Netherlands.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-739,708

$-349,912

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$278,168

Accounts Receivable

$0

$0

Total Assets

$0

$278,168

Short-Term Debt

$628,039

$67,862

Long-Term Debt

$150,000

$491,692

Total Liabilities

$778,039

$559,554

Financials as of: 03/31/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
PopCom (previously Solutions Vending International) 11/28/2022 StartEngine $26,533,520 $308,277 Equity - Common Funded RegCF
Solutions Vending International 10/20/2021 StartEngine $26,300,000 $3,802,228 Equity - Common Funded RegA+
Solutions Vending International 07/09/2020 StartEngine $25,000,000 $1,052,703 Equity - Common Funded RegCF
Solutions Vending International 04/18/2019 StartEngine $9,000,000 $1,069,999 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Solutions Vending International on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $0.55

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