Vengo
A New York vending machine company that left Shark Tank with a $2 million offer in 2016, though sources disagree on whether the deal closed.
2012-Present
Years Active
Career Momentum Index
RISINGMyCelebLife's own score, built from dated career events, hits, flops and controversies on this page. It is not an industry figure.
Vengo in 30 Seconds
- check_circleCo-founded by Brian Shimmerlik (CEO) and Steven Bofill.
- check_circlePitched on Shark Tank season 7 in March 2016. Looper gives the ask as $2 million for 12.5%.
- check_circleKevin O'Leary and Lori Greiner agreed to a three-year, $2 million deal at 7% interest with an equity stake, per Vending Market Watch and Looper.
- check_circleSources disagree on whether the deal closed. Looper says it never went through. The 2016 reports said Vengo received the money.
- check_circleMarketing Dive reported $1 million in revenue for 2015.
Career Milestones
Pitches on Shark Tank season 7
March 2016. O'Leary and Greiner agreed to a $2 million deal in the tank.
Reports on the $2 million deal
Marketing Dive and Vending Market Watch report the money as received or negotiated. Looper later says it did not go through.
Moves from Queens to Long Island
Looper says it moved into a 4,000 square foot space with help from the Nassau County Industrial Development Agency.
Key Collaborators & Relationships
Kevin O'Leary
other · Shark Tank investor in the 2016 offer.
Lori Greiner
other · Shark Tank investor who joined O'Leary's offer.
Frequently Asked Questions
Who founded Vengo?expand_more
Brian Shimmerlik and Steven Bofill, according to Vending Market Watch and Looper.
What did Vengo ask for on Shark Tank?expand_more
Looper says Vengo asked for $2 million for 12.5% of the company in March 2016, season 7.
Did Vengo's Shark Tank deal close?expand_more
Sources disagree. Marketing Dive and Vending Market Watch reported in March 2016 that Vengo got the $2 million. Looper says the deal never went through, without a source. We have not found a primary source that confirms either.
Is Vengo still in business?expand_more
Looper's September 2024 update describes the company as operating. We did not find a more recent source.
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