Vengo is a software and media company that engages consumers and gets data.
Vengo's platform combines interactive digital media with point-of-purchase. The impulse purchase at the grocery checkout line is down by 1/3 and brands are seeking new platforms to interact and engage with consumers. Vengo creates retail in new locations through a direct, interactive sales and media channel. Further, Vengo leverages this platform to provide brands the data and information to help drive informed decisions.
At a scale of 55 Vengos, we have several paid media brand clients - including some of the largest CPGs in the world.
Vengo is like digital out of home (DOOH). Plus creating retail in new locations. Plus engagement. Plus real-time analytics. Plus bridging online and offline.
Vengo (f/k/a TaxiTreats) started with the idea of bringing convenience to taxi passengers - people who demonstrate that they value their time. The concept went viral and we were selected from 270 companies as "NYC Next Idea 2012."
It turns out we were onto something bigger. Consumers are harder to reach. Brands are seeking new forms of consumer engagement.
Vengo brings retail to new locations through a dynamic, measurable, interactive, point-of-purchase digital platform.
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Vengo. Once Vengo accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Vengo in exchange for your shares. At that point, you will be a proud owner in Vengo.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Because Vengo is offering its securities under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please email us at firstname.lastname@example.org. Please include your name, the company's name, the amount, the investment number, and the date your made your investment.
Currently there is no market or liquidity for these shares. Right now Vengo does not plan to list these shares on a national exchange or another secondary market. At some point Vengo may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Vengo either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is Vengo's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in Vengo’s profile.