Software-based vending machine company in Eastern Europe for sale

Software-based vending machine company for sale

• Revenue: > 1 million EUR
• Employees: > 30
• Location: Eastern Europe
• Reason for sale: The owners want to grow the company in Eastern Europe, therefore are looking to talk to interested investors
• #CFIE ITS578

Overview of the software-based vending machine company in Eastern Europe for sale

The company is a start-up that develops solutions for retail and logistics stores that enable business process automation. SaaS and HaaS models are offered to SMEs to enlarge commercialization channels and, at the same time, reduce labor costs. The entire solution suite is supported by a single, universal, cloud AI platform. This makes it easier for the user to access, use and manage the solutions. Multiple industries are addressed, from proximity food and grocery retail to electronics, jewelry, and pharmaceuticals. The company has opened an IoT enterprise factory. This section is responsible for producing innovative Internet of Things (IoT) devices that are dedicated to the European market. These devices are aimed at innovating and automating proximity trade.

The company has the support of a private equity fund. They provided more than 7 million euros to launch the business and establish its preliminary operations. However, the company needs more resources to scale up the business. The aim is to become the most important marketplace for residential services in the region. Thus, a new round of financing has been launched, and the management seeks to attract around 10 million euros. This will ensure the company is well financed for the next phases. Interested parties are invited to contact the CFIE team for more details about this company.

Profile (strategy) of the software-based vending machine company in Eastern Europe for sale

The company was established in 2018 with the scope of disrupting the market through innovative technologies. They automate key processes that enable customers to have the fastest access to food and grocery goods. Meanwhile, the business has grown and now the team has increased to around 40 employees. This team is specialized in areas such as dev/ops, UI/UX, and acquisition automation. Further specializations include software development, test engineering, e-commerce, quality assurance, network equipment, hardware infrastructure, etc. By developing automated chain solutions, the company intends to gain a significant share of the market. Its revenue is continuously increasing as well as business profitability. With additional financial resources, the business can be scaled up and optimized.

The company utilizes unique technologies. This enables the team to provide cutting-edge automated retail solutions. These solutions are for the entire business chain of an automated store, restaurant, or logistics warehouse. This is not only about automation for the front store, but also about the back end. This includes data management, business intelligence, client management, inventory, logistics, payments, etc. In addition, they provide an integrated solution composed of a mini shop, an online platform, and a mobile application. Moreover, a wide network of automated devices ensures quick access to products and services. The technology, which will now be marketed as a stand-alone solution, has both hardware and software components. The hardware includes a control panel, shelves, and locker modules. The software components include cloud solutions, management, and payment systems. Everything is put together to serve the needs of the client. This includes 24/7 availability, in-store access through a mobile app, and intuitive and user-friendly interfaces. Further, there is a grab-and-go experience and automated cashless payments that include buy now and pay later options. Moreover, automated billing and receipts round out the package.

Activities and services of the software-based vending machine company in Eastern Europe for sale

The company provides solutions that automate retail and logistics stores. The team is experienced in activities related to IoT, artificial intelligence, cloud, and software development.

Highlights of the software-based vending machine company in Eastern Europe for sale

• The company is a start-up that provides automation solutions for the retail sector
• They are supported by a private equity fund
• More funding is required in order to scale up
• Potential to become the most representative player in the region

More information on this software-based vending machine company in Eastern Europe for sale

Please get in touch if you are interested in learning more about this software-based vending machine company in Eastern Europe for sale. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.