Investors

An $85B+ market with no software incumbent.

The product is built, the OEM moat is live, and India operations self-fund. This round unlocks the US go-to-market and the path to Series A.

A vending machine in a shopping mall atrium

The problem

12 million legacy machines are bleeding cash.

Unattended retail still runs on "dumb" metal. Incumbent platforms report data — they can't act on it. Operators need an active AI decision engine, not another dashboard.

  1. Surging operating costs

    Blind manual routing burns driver fuel and labor. Reactive telemetry drives spoilage and stockouts. Operators bleed cash on every refill trip.

  2. Capped gross margins

    Flat, static pricing ignores demand. Cash-only, disconnected machines cannot upsell, cross-sell, or capture data. Revenue stays stuck.

  3. No decision engine

    Most incumbent vending software reports what already happened. Predictive routing, demand-based pricing and spoilage alerts are rarely part of the core product.

What happens after a machine connects.

Once a compatibility review confirms how your machine and payment setup connect, Wendor brings sales, stock, and machine status into one operating view.

Inputs

  1. 01 Real-time inventory Live stock per slot
  2. 02 Weather + time-of-day Micro-demand signals
  3. 03 Purchase patterns Historical demand AI
  4. 04 Live telemetry Every connected node

AI actions

  • Predictive routing

    Plan refills using live sales and stock levels.

    Fewer unnecessary trips

  • Dynamic pricing

    Adjust prices using demand, time, and location signals.

    More control over margin

  • Spoilage prevention

    Flag products nearing expiry for timely markdowns.

    Less preventable waste

Connect vending machines, lockers, kiosks, and smart fridges through one system.

Hardware compatibility

Scope your integration before rollout.

Compatibility depends on the machine model and accessible interfaces. A protocol name alone does not confirm every function is supported.

  1. Controller and firmware

    Provide the machine model, controller version, available interfaces and firmware documentation. Confirm telemetry and vend commands on representative hardware.

  2. Payments and connectivity

    Identify the terminal, gateway, network connection and account owner. Agree payment settlement, failed-vend handling and refund responsibilities.

  3. Pilot and rollout

    Test stock accuracy, pricing, payments and alerts before expanding. Document acceptance criteria, installation work and support contacts in the proposal.

Business model

Three stacked revenue streams. Compounding per node.

Software margins on top of hardware built by Wendor and OEM partners. Every node can earn across all three layers at once.

  1. Layer 1 · Foundation

    OEM OS Licensing

    Per machine

    Manufacturers license the OS per machine built. Revenue is locked at manufacture — before the machine even ships.

  2. Layer 2 · Recurring

    Operator SaaS

    MRR / node

    High-margin recurring revenue per active node: AI route planning, dynamic pricing, inventory, and predictive analytics.

  3. Layer 3 · Compounding

    Fintech + Retail Media

    90% margin

    App-less scan-to-pay transaction fees (% of GMV) plus a DOOH ad network on premium 10" and 22" idle screens.

Go-to-market

Land with a low-cost retrofit. Expand to the whole network.

We don't ask operators to buy new machines or sign long contracts. We land with a hook that proves ROI before we ask for anything.

  1. Zero-friction injection

    Low-cost retrofit

    A low-cost retrofit or a connection to the operator’s existing payment and telemetry setup, confirmed per machine model. Cloud telemetry and refill planning follow, and the operator measures results against a pilot baseline.

  2. The ROI proof

    Measured OPEX

    The VMS ingests live data and measures route labor and fuel against the pilot baseline. Operators self-justify the SaaS upgrade — the conversion is data-driven, not a hard sell.

  3. Network upgrade

    10" / 22" screens

    Operators retrofit ad-enabled touchscreens, turning dumb metal into high-margin DOOH advertising assets. The passive-revenue flywheel begins.

Traction

The product is real. The market is proven.

$5M+
Annual sales processed on the platform
8.2M+
Consumer orders in the last year
12.5M+
Items dispensed
1,000+
Active machines on platform
5+
Countries with live machines

India operations are the proof of scale: millions of real-world transactions flow through the platform every year. That live throughput is the data the AI runs on — and it funds the US go-to-market.

The raise

Built in the trenches. Raising to capture the return.

Wendor.ai is a Delaware C-Corp. The product is built, the OEM moat is live, and India operations self-fund. This round unlocks the US go-to-market and the path to Series A.

Wendor, Inc. — Delaware C-Corp · lakshit@wendor.ai