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Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

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.


TSXV:VENZ - Post by User

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Post by Norm721on Jun 16, 2020 1:47pm
165 Views
Post# 31156551

from John at ceo.ca

from John at ceo.caUpdates on Venzee Partner Revenue, Intelligent Tech, and Retail Channel Growth Venzee Logo - Color small Hello again Venzee Friends & Family. In the little more than a month since we last spoke, we have made much progress. Below are some highlights. Retail Channel Growth Venzee charges brands/manufacturers for each Retail Channel they use through our platform. We've announced many available Retail Channels in the past, but our clients need more. Since the pandemic began to challenge the retail supply chain in March, we have seen our backlog of client requests for Retail Channels grow to more than 400. To address this challenge, this month we have made operational, resource, and technical changes that allow us to more quickly add retail channels and reduce our backlog over the next several months. We will report publicly on our progress each month, and I will ensure you have visibility to those reports. Even More Communication The Venzee team is made up of individuals who have been at the forefront of thought leadership in modern supply chain practices. To help share more of that valued information with more people, we launched a Podcast series, "Rethinking Supply Chain" earlier this month. Find the 'cast on Apple, Spotify or your favorite Podcast service. temp5 Oversubscribed Round Finally, a number of you participated in our last round of funding. The round, as you may know, was well oversubscribed and an indicator - perhaps - of the strong progress we have made against the operational and revenue goals we set out in August of last year. Thank you for your continued support and for the positive messages so many of you send along. Your engagement and expressed appreciation of our progress is shared often with our team and is highly valued. Talk with you soon. Regards, john signature John Sexton Abrams 312.802.7805 / john.abrams@venzee.com
 
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