Leading the Robotic Food Automation Revolution

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Amount Raised: $60,335
Security Type
Preferred Stock
Min Investment
Sunnyvale, CA
Offering Date
January 18, 2023
Expected Close Date
February 28, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

Blendid creates compact, autonomous, contactless robotic food kiosks available in retail stores, universities, travel centers, and hospitals throughout the US.

Key Deal Facts

We've raised over $26 Million and sold over 100k smoothies in retail stores, universities, and travel centers, as well as hospital and Walmart locations with co-branded Jamba locations in California, Georgia, and Florida.

We have a commercial agreement with Jamba to expand and deploy “Jamba by Blendid” kiosks across the country and received a strategic investment from Focus Brands, the parent of Jamba, to scale our manufacturing and operations nationwide.

Our proprietary contactless, food-safe, and NSF-certified technology is poised for increased market adoption in the post-COVID world. In 2022, we tripled the number of our locations, increased revenue by 367% from 2021, and contracted over 500 kiosks. Our AI-driven platform is comprehensively protected by 13 patents granted or in-process.

Management Team / Advisory Board Bios

, Vipin JainCo-Founder & CEOVP Barnes & Noble Nook Media, Co-Founder & CEO Retrevo, Co-Founder Telseon IP, MS Physics BITS.
Vijay DoddCo-Founder & VP, EngineeringHW & SW Engineering Dir. Barnes & Noble Nook, Engineer Dir. Palm, Masters of Tech in Systems & Controls.
Kristen RasmussenExecutive Chef & NutritionistFounder Rooted Food, Food Science Adjunct Faculty UC Berkeley & Nordic Food Lab & Culinary Institute America.
Venki AyalurCo-Founder & CTOSoftware Lead Barnes & Noble Nook, Motorola Engineering, MBA Kellogg, MS Computer Science Northern Illinois.
James D WhiteAdvisorBoard Member Panera, Fomer CEO & Chairman Jamba Juice, SVP Safeway & Gilette, Nestle.
Eric BenhamouBoard MemberFounder & General Partner Benhamou Global Partners, Former CEO & Chairman 3COM.
Gary BradskiAdvisorCreator and Founder of Open CV, Consulting Professor at Stanford.
Michelle GloecklerAdvisorBoard Member BJs, Former EVP Walmart, VP Hershey's.
Veronica WuBoard MemberFounder & Managing Partner at First Bight Ventures, Former Board Member VF Corp, VP Tesla, Managing Director Apple.
Maisie GanzlerAdvisorChief Strategy & Brand Officer Bon Appetit Management Company.
Cody RoseAdvisorVP Product, Resy (Amex Dining), Former VP Guest Experience Chipotle.

Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

Research Reports

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