Blendid (Equity)

Funding Details
Awarder
StartEngine
Date Award
April 20, 2023
Vertical
Food Automation
Funding URL
View Funding Page
Valuation
$88,010,000,000,000

Company Info
Traction
In 2022, Blendid tripled its locations, increased revenue by 267% from 2021, and contracted over 500 kiosks. They have a commercial agreement with Jamba and received a strategic investment from Focus Brands. The company's AI-driven platform is protected by 13 patents.
Revenue Amount
$30,000,000
Organizations Involved
Jamba, Sodexo, Compass Group, Focus Brands
Founders
Vipin Jain, Venki Ayalur, Vijay Dodd
Company Description
Blendid creates compact, autonomous, contactless robotic food kiosks available in retail stores, universities, travel centers, and hospitals throughout the US. Their AI-enabled platform prepares food fresh-on-demand and customized to unique tastes and nutrition preferences. Blendid's kiosks are already market-tested and available in various locations across the country.
Market
Food Service
Location
Sunnyvale, CA, US
Coinvestors
Focus Brands, Jamba, StartEngine Capital

Links
Back to Home Back to Food Automation Deals View Funding Announcement