Vendease

Company Overview

Vendease, previously known as VendEase, operates as a B2B company in the supply chain and logistics sub-industry. The company is based in Lagos, Nigeria, and has a team size of 250. Vendease provides a marketplace platform that enables restaurants in Africa to order directly from farms and food manufacturers, eliminating the need for expensive middlemen. The company's services are accessible in various regions including Nigeria and Africa, and they offer partly remote work opportunities.

Products and Services

Vendease offers an array of products and services designed to simplify procurement and improve dining operations for food businesses. Their e-procurement platform serves as a one-stop-shop for food items, featuring a catalogue with over 3000 supplies. The Inventory Management System (IMS) allows users to track and manage supplies effortlessly. The Point of Sales (POS) system enhances restaurant operational efficiency, and the CostEasy feature helps businesses make better costing decisions. Additionally, Vendease provides Buy Now, Pay Later services, integrated payments through a wallet system, and real-time reports and analytics.

Target Market and Reach

Vendease targets food businesses across Africa, aiming to streamline their supply chain operations. The platform is trusted by over 3000 businesses on the continent. Their services cater to a wide geographic footprint including local operations in Nigeria and other remote-friendly regions. By enabling direct ordering from farms and food manufacturers, Vendease helps businesses save costs and manage their operations more effectively.

Technology and Features

Vendease incorporates several technological features designed to improve business operations for restaurants. Their technology suite includes E-procurement, an Inventory Management System (IMS), Point of Sales (POS) system, and the CostEasy tool. The platform offers real-time reports and insights, buy now pay later services, and integrated payments through a wallet system for streamlining financial transactions. Users can also manage and track supply inventory from multiple warehouses, set re-order levels for automated purchasing, and receive daily reports on orders processed.

Y Combinator and Industry Position

Vendease was part of the Y Combinator W21 batch, which is a significant accomplishment for a B2B company in the supply chain and logistics industry. This affiliation aligns Vendease with other innovative startups and provides them with a platform for growth and development. Their aim is to improve the dining experience for customers by streamlining the procurement and operational processes for food businesses. The company's continuous development and trust from over 3000 businesses highlight its strong position in the industry.