According to published reports, Vengo, the maker of mini vending machines for bars, restaurants and offices, has raised $1 million in seed funding from a number of New York area investors and others including David Tisch (BoxGroup), Brad Feld, The Richport Group (chaired by Marc Anthony), Joanne Wilson, Gary Vaynerchuk, the NYU Innovation Fund, FunBars, RSL Ventures (Ronald Lauder), Mark Wachen, and others.

The firm's TaxiTreats vending machine is touchscreen, credit-card only and managed remotely. The TaxiTreats machine was designed by aerospace engineers specifically to work safely and reliably in a taxi environment.