Top 3 Things I am Excited About (Q2)
WOW is it April already?! I can’t believe how fast 2017 is flying by. Every quarter I like to give my personal network an update on what I am working on and I always appreciate your feedback and advice. I am currently living in Boulder, Colorado until mid-June for an accelerator program called Canopy Boulder. If you will be in Denver/Boulder in the coming months let’s connect!
WHY I’M EXCITED
NEW INVESTORS: At the top of the year Backstage Capital invested in Flat Out of Heels, our team is proud to be an official Headliner! As I mentioned in my last update, Solutions Vending is an automated retail technology company that I founded in 2012, SVI has developed a software solution to make ‘dumb’ vending machines intelligent through connectivity, consumer data and analytics. We are the IoT of vending. We are currently raising a round of funding have received investment from Canopy Boulder and Backstage Capital. We have half of our round committed and we have 5 paying customers in our beta launch (June 2017) and a waiting list of over 50 operators. I’m so proud of my team!
NEW TEAM MEMBERS: We welcomed 2 new team members to the Solutions Vending team, Richard Okorie (Co-Founder/VP Sales) and Lael Alexander (Lead Engineer, CTO), they are pictured with me above. We also welcomed Natasia Malaihollo to the Advisory Board of SVI. The team had an amazing time at SXSW bonding, meeting with investors, and soaking up as much knowledge as possible.
(L to R: Members of SVI Team and Board at SXSW: Richard Okorie, Allison Cammack, Me, Natasia Malaihollo, and Brian Brackeen)
SOLUTIONS VENDING MARKET VALIDATION: An article came out last week in Information Age about our growing industry, the article stated:
“ Today only 1.8 million of the world’s 17.1 million vending machines are online. Every vending machine will eventually be connected, but costs for the wireless M2M hardware and subscriptions still need to come down significantly before this vision becomes reality.”
SVI is the solution. If you are interested in learning more please email me and I will send over our deck. We are also hiring in Sales so send any leads my way. Experience consumer retail, vending and/or SaaS is preferred.
In celebration of our 6 year anniversary all styles of Flat Out of Heels rollable flats are marked down 50% off through April 5. No code necessary to redeem this offer, it’s a great time to grab a new pair or grab a few gifts for friends.
Check out some of my favorite articles that I have been featured in this year:
- PaymentSource: ‘As smart payments proliferate, so do digital payments, ‘
- EstroHaze Podcast: It’s a marathon, not a sprint’. A talk about my entrepreneur journey and how it evolved from consulting, to footwear to software and why cannabis?
- Boston Speaks: “24 experts on how to become a great public speaker”
- Canopy Boulder: “Canopy Invests $300,000 in 10 cannabis startups”
There are so many more great things that I am excited about but I will save them for our next encounter! Have an amazing Q2!