[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$feztDvr4XMl5Ra3q5k9RWIRfRBU0VlR0Bvy1f99C8oY8":3,"$fFaKXjwf_t0dzysBOr5Pfnt1ikvaNzjR2EZF8z2WTMfI":97,"$fQ88csLWamZ9EVZpXyTQG1fy32MdDqPNOy2OVPlZLgi4":114},{"celebrity":4},{"heroImage":5,"physicalAppearance":7,"netWorth":8,"_id":10,"slug":11,"bio":12,"birthplace":6,"breakthrough":13,"careerTimeline":14,"category":28,"collaborators":29,"controversies":37,"country":38,"createdAt":39,"dob":6,"earlyLife":6,"education":6,"faqs":40,"favorites":53,"fullName":54,"gallery":55,"hitFlop":56,"lastUpdated":57,"latestNews":58,"lifestyle":59,"metaDescription":60,"mostFamousRole":61,"name":62,"nationality":6,"quickFacts":63,"relationships":69,"secondaryCategories":70,"socialMedia":73,"sources":74,"status":78,"tagline":79,"tags":80,"updatedAt":84,"verified":85,"yearsActive":86,"founded":6,"founders":87,"kind":88,"pitch":89},{"url":6,"alt":6,"caption":6,"credit":6},"",{"height":6,"weight":6,"eyeColor":6,"hairColor":6,"source":6},{"amount":6,"currency":9,"asOf":6,"source":6},"USD","6af2a1e48b1f5a8eabbc511c","vengo","Vengo makes a wall-mounted vending machine with a digital screen. The screen plays ads while a purchase is dispensed and records where customers touch it, and Vengo shares that data with the brands. Marketing Dive says the machines sit in places such as hotels and universities. The company was started by Brian Shimmerlik, who came up with the idea as an MBA student at NYU Stern, and Steven Bofill, according to Looper.\n\nVending Market Watch says Vengo sold its units to vending companies for $2,500 and charged a $20 monthly fee for maintenance insurance and cloud software. Brands paid $200 per product per month for ads and data, according to Marketing Dive and Looper. Before the show, Vengo had raised $3.4 million across a seed round and a Series A, per Vending Market Watch.\n\nVengo pitched on Shark Tank in March 2016. Looper places it in season 7 and gives the ask as $2 million for 12.5% of the company, a $16 million valuation. Three of the sharks passed. Looper says Kevin O'Leary offered a three-year, $2 million loan at 7% plus equity, and Lori Greiner joined him. Vending Market Watch describes the final terms as $2 million in venture debt over three years at 7% interest in return for 3% equity. Looper's wording, a 3% stake \"per shark\", is less clear on the total.\n\nWhat happened next depends on the source. Marketing Dive and Vending Market Watch, both written in March 2016, say the founders received or came away with $2 million. Looper, updated in September 2024, says the loan deal \"ultimately never went through\" and gives no source or date for that. We could not find a primary source that settles it, so this page does not say either way.\n\nLooper reports that Vengo later raised $7 million from investors including Cherry Tree Investments, Gary Vaynerchuk, Scout Ventures and Nas, and moved from Queens to Long Island in 2017. It says the company shifted toward digital out-of-home advertising after COVID-19 slowed vending, and that it is operating. Looper also cites an estimated $10 million to $12 million in yearly revenue and a $50 million net worth, with no date or source given. We have not verified either number.","A $2 million Shark Tank deal with Kevin O'Leary and Lori Greiner in March 2016",[15,20,24],{"year":16,"title":17,"type":18,"note":19},2016,"Pitches on Shark Tank season 7","debut","March 2016. O'Leary and Greiner agreed to a $2 million deal in the tank.",{"year":16,"title":21,"type":22,"note":23},"Reports on the $2 million deal","milestone","Marketing Dive and Vending Market Watch report the money as received or negotiated. Looper later says it did not go through.",{"year":25,"title":26,"type":22,"note":27},2017,"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.","business",[30,34],{"image":6,"imageCredit":6,"name":31,"role":32,"note":33,"slug":6},"Kevin O'Leary","other","Shark Tank investor in the 2016 offer.",{"image":6,"imageCredit":6,"name":35,"role":32,"note":36,"slug":6},"Lori Greiner","Shark Tank investor who joined O'Leary's offer.",[],"USA","2026-11-10T04:47:31.882Z",[41,44,47,50],{"question":42,"answer":43},"Who founded Vengo?","Brian Shimmerlik and Steven Bofill, according to Vending Market Watch and Looper.",{"question":45,"answer":46},"What did Vengo ask for on Shark Tank?","Looper says Vengo asked for $2 million for 12.5% of the company in March 2016, season 7.",{"question":48,"answer":49},"Did Vengo's Shark Tank deal close?","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.",{"question":51,"answer":52},"Is Vengo still in business?","Looper's September 2024 update describes the company as operating. We did not find a more recent source.",[],"Vengo Labs",[],[],"2026-11-10T06:38:46.582Z",[],[],"Vengo on Shark Tank: the 2016 pitch, the $2 million offer from Kevin O'Leary and Lori Greiner, and why sources disagree on whether it closed.","Maker of wall-mounted vending machines with digital screens","Vengo",[64,65,66,67,68],"Co-founded by Brian Shimmerlik (CEO) and Steven Bofill.","Pitched on Shark Tank season 7 in March 2016. Looper gives the ask as $2 million for 12.5%.","Kevin 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.","Sources disagree on whether the deal closed. Looper says it never went through. The 2016 reports said Vengo received the money.","Marketing Dive reported $1 million in revenue for 2015.",[],[71,72],"Vending","Advertising technology",[],[75,76,77],"https:\u002F\u002Fwww.marketingdive.com\u002Fnews\u002Fad-serving-vending-machine-awarded-2m-on-shark-tank\u002F416055","https:\u002F\u002Fwww.vendingmarketwatch.com\u002Fmanagement\u002Fnews\u002F12184590\u002Fvengo-labs-negotiates-2-million-deal-with-shark-tank-stars-kevin-oleary-and-lori-greiner","https:\u002F\u002Flooper.com\u002F1383810\u002Fwhatever-happened-vengo-shark-tank","published","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.",[81,82,83,31,35,38,62],"Shark Tank","Shark Tank US","Season 7","2026-11-10T06:32:20.711Z",false,"2012-Present","Brian Shimmerlik, Steven Bofill","company",{"show":82,"season":90,"airDate":91,"ask":92,"outcome":93,"sharks":94,"terms":95,"note":96,"source":76},"7","March 2016","$2 million for 12.5% (per Looper)","unclear","Kevin O'Leary, Lori Greiner","Three-year, $2 million deal at 7% interest with an equity stake (per Vending Market Watch and Looper)","Sources disagree. Looper says the deal never went through. The 2016 reports said Vengo received the money.",{"celebrities":98},[99,104,109],{"heroImage":100,"_id":101,"slug":102,"category":28,"country":38,"name":103},{"url":6,"alt":6,"caption":6,"credit":6},"6af2a1e08b1f5a8eabbc510d","scrub-daddy","Scrub Daddy",{"heroImage":105,"_id":106,"slug":107,"category":28,"country":38,"name":108},{"url":6,"alt":6,"caption":6,"credit":6},"6af2a1e78b1f5a8eabbc512a","nicepipes-apparel","Nicepipes Apparel",{"heroImage":110,"_id":111,"slug":112,"category":28,"country":38,"name":113},{"url":6,"alt":6,"caption":6,"credit":6},"6af2b95a8b1f5a8eabbcc17e","bombas","Bombas",{"asOf":115,"series":116},null,[]]