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Bullboard - Stock Discussion Forum
Venzee Technologies Inc
V.VENZ
Alternate Symbol(s):
VENZF
Technology
Software - Application
Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform...
allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.
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TSXV:VENZ - Post Discussion
Venzee Technologies Inc
> updates from the Boss John
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Norm721
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Post by
Norm721
on Nov 18, 2020 9:44am
updates from the Boss John
Updates on Venzee Partner Revenue, Intelligent Tech, and Retail Channel Growth Hello Friends & Family. For all of you that noticed we did not send an October update (and called, texted, and emailed me) - thank you. We appreciate that you closely follow our progress and please know you will continue to hear from us on a regular basis. Our brief lack of communication in October was intentional as we took some time to revamp our website and, during the upgrade, we curtailed some messages that could increase site traffic. While you will notice some visual improvements to our venzee.com site, our core motivation for the change was to fully integrate our backend Contact Management System - allowing more efficient conversion of sales leads. As anecdotal evidence our upgrade was successful, the famous brand Lladr submitted information as a sales lead through our updated site less than an hour after we went live. If you don’t know Lladr, ask your grandmother - she owns Lladr, lots of Lladr. Hyperactive Market Capital market activity in our sector is increasing. Forward-thinking investors have begun to recognize the large scale opportunities emerging for companies building real solutions in the digital supply chain sector. Venzee is beginning to be included in that conversation - a testament to our Mesh Connector™ technology and a positive signal for our shareholders. Recent capital market activity has included several of our sales partners, prospective partners, and competitors including: Sales partner Pivotree in October completed a $46M USD IPO on the TSX:V. In September our primary competitor Salsify closed a $155M USD Series E financing led by Warburg Pincus - growing their total investment to more than $300M USD. Our good friends at Nordic PIM inRiver closed a $35M USD follow-on investment round to expand operations in Chicago. The inRiver round was backed by US and Nordic investor groups that have been talking with our team including: Lugard Road Capital, Verdane, Industrifonden, Zobito, and RoosGruppen. Looking Forward Many of you know I came to Venzee after my last venture in this market was acquired and I was looking for another opportunity to build something significant in this space. To provide a sense of what “significant” looks like, based on our sales pipeline and the enterprise clients now active on our platform, we have added clarity and specificity to our sales targets through 2022 and begun to share those goals publicly (see our Overview at venzee.com). Our ambitious - but realistic - projections are based on the sales partners and clients we have locked in over this past year, the unmatched team we have assembled, and the unique technology we have built. Today, I am more convinced than ever joining Venzee was the right choice. Our team is now on the brink of the success we have been building since I took over as CEO just over a year ago. Advantage Venzee The capital markets are now beginning to validate something academic researchers have long suggested: the Digital Retail Supply Chain is significantly more valuable than the Physical Supply Chain. Venzee - with our unique tech and unmatched talent - is positioned to unlock massive revenue-generating opportunities across the massive and expanding Digital Retail Supply Chain. If, like us, you believe data and intelligent tech will have a disruptive global impact, I encourage you to engage more deeply with us and: Schedule time to connect with me directly and learn more about my passion to disrupt supply chain tradition Listen to our Podcasts with industry leaders, partners, and team members who frame the massive opportunity ahead Review our multi-year growth plans to see just how big an opportunity we are unlocking Talk with you soon. Regards, john signature John Sexton Abrams 312.802.7805 / john.abrams@venzee.com
(20)
•••
Cgbuddy
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Comment by
Cgbuddy
on Nov 18, 2020 2:33pm
voluntary let the sp going down it almost a sign they had a deal with there private placement gang. but i will say this stock will eventually jump a lot without prevent.
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