PopCom (previously Solutions Vending International)
About this raise: PopCom, with a valuation of $26.5 million, is raising funds on StartEngine. The company has created an automated retail technology platform for vending machines and kiosks. The platform is the future of retail and allows retailers to use big data, learn from it, and understand their customers better. PopCom has launched 11 PopShops, with 12 more going live in 2023. The business has experienced a 130% year-over-year growth over the last three years. Dawn Dickson founded PopCom in 2012. The current crowdfunding campaign has a minimum target of $9,999.88 and a maximum target of $510,259.20. The campaign proceeds will be used to secure more partnerships and launch more PopShops.
Investment Overview
Invested $308,277 :
Deal Terms
Company & Team
Company
- Year Founded
- 2012
- Industry
- Retail Shops & Department Stores
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $5,010,000
- VC Backed?
- No
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
PopCom (previously Solutions Vending International) | 11/29/2022 | StartEngine | $26,533,520 | $308,277 | Equity - Common | Funded | RegCF |
Solutions Vending International | 10/21/2021 | StartEngine | $26,300,000 | $3,802,228 | Equity - Common | Funded | RegA+ |
Solutions Vending International | 07/10/2020 | StartEngine | $25,000,000 | $1,052,703 | Equity - Common | Funded | RegCF |
Solutions Vending International | 04/19/2019 | StartEngine | $9,000,000 | $1,069,999 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Employee History
Founder Profile
PopCom Founder Dawn Dickson on Combining Machine Learning with Vending Machines
When the pandemic was at its peak, many consumers fled from traditional brick-and-mortar stores and made their purchases online. The trend seems to be partially reversing now, though, with e-commerce accounting for 14.3% of retail sales, down from 17% in 2021.Fortunately, brands can enjoy the best of both worlds with PopCom’s smart vending machines, PopShops and PopBoxes (for refrigerated products). PopShops and PopBoxes give multiple brands the opportunity to sell in brick-and-mortar locations on a rotating basis, and the machines anonymously collect useful customer data for sales optimization. We reached out to founder and CEO Dawn Dickson to hear about the evolution of her team over the years and her experience as an underrepresented founder.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.