First Investment: August 2015
Vend provides cloud-based point-of-sale software that includes ecommerce, inventory management, customer loyalty and analytics. It helps retailers large and small manage and grow their businesses. It targets retailers with multiple stores by providing powerful back office, analytics and inventory functions. Vend integrates with a large number of payment providers, has partnerships with Apple and Xero and has over 20,000 stores using its software. Vend has offices in Auckland, Melbourne, London and Toronto. Vend completed its most recent fund-raising round in December 2016. LWCM provided earlier advice with governance and assistance with executive recruitment, but is no longer active in assisting Vend. Vend’s founder, CEO and staff have been active in LWCM founder sessions.
- Vend brings pioneering payment option Afterpay to shop floor – 1 May 2018
- How Vaughan Rowsell brought Point of Sale software into the 21st century – 31 May 2018
- New Zealand retail a step ahead in global comparison – 20 June 2018
*Fully diluted shareholding after accounting for employee options