Nicevend

Company Overview

Snapshot

Founded in January 2007 by Udi Klier, Nicevend operates with 1–10 employees. In July 2018, Nicevend received an investment from Wissotzky.

Business overview

Nicevend develops the Quinzee, a fully automatic, stand-alone vending machine designed to prepare smoothies and frozen drinks on demand. The machine utilizes Nicevend's proprietary Flakes, a line of instant powders and syrups specifically engineered for use with the Quinzee machine. The company operates within the Agriculture & Food Technologies sector, focusing on food processing and beverages, and serves markets including Israel, the United States, Australia, Japan, South Africa, Italy, Greece, and Thailand.

Strategic signal

Nicevend's strategic move to open US operations in November 2015, alongside efforts to expand the installation of its Quinzee smoothie vending machine, signaled an intent for international market penetration and growth. This expansion into a major market like the US indicated the company's ambition to scale its automated beverage solution globally, aiming to capture a larger share of the convenience food and drink market.

Company Intelligence Q&A

What is Nicevend's primary product?

Nicevend's primary product is Quinzee, a stand-alone, fully automatic vending machine that prepares smoothies and frozen drinks on demand. It uses Nicevend's proprietary Flakes, a line of instant powders and syrups.

When was Nicevend founded?

Nicevend was founded in January 2007.

Which markets does Nicevend target?

Nicevend targets geomarkets including Australia, Japan, South Africa, Italy, Greece, Thailand, Israel, and the United States.

Did Nicevend expand its operations to the US?

Yes, in November 2015, Nicevend opened its US operation and aimed to expand the installation of its Quinzee smoothie vending machine.