• 2012 January 11

Company Description

Vengo is a software and media company that engages consumers and collects data.

Vengo is a software and media company that engages consumers and collects data by combining interactive digital media with point-of-purchase. Selected from 270 companies as 'NYC Next Idea 2012,' Vengo's next-generation vending machines enable brands such as Trident, Snapple, Dentyne and Sour Patch Kids to re-engage consumers while generating attractive unit economics (expect six-month payback on new units). Vengo already has established partnerships with Mondelez (one of the largest snack food companies), Snapple, Verizon, CC Vending (second-largest NYC vending machine provider) and Creative Mobile Technologies (NYC taxis). The company's current investors include Brad Feld, Joanne Wilson, Gary Vaynerchuk, David Tisch and Mark Wachen.