Neovendis

What Neovendis does

Neovendis is a French SAS (headquartered in Aubagne, Bouches-du-Rhône) founded in 2014 as a spin-off of B+ Equipment, an automation specialist. The company designs, manufactures, and installs automated convenience stores under its Ximiti brand, powered by a proprietary in-house robotic retrieval system called 24RoboMart. The robot is integrated into refrigerated modular units (kiosk format at ~200ft² with 200 SKUs, up to full stores of 18–25 m² with 800 references and 20,000 items) and handles product selection, fresh-product expiry management, and promotional functions. On the customer side, Neovendis provides a 17" multilingual touchscreen, multi-payment acceptance (cash, cards, NFC), an iOS/Android pre-order mobile app with geo-tracking, and an HMI consumer software. On the operator side, it delivers two proprietary software modules (LGAP for catalog design and pricing; GESTION for remote inventory, cash flow, and event-log management), plus video surveillance and full remote-control capability via smartphone, tablet, or PC.

Neovendis operates a franchise/license model, charging approximately €130,000 for a turnkey Ximiti unit (including license) and a 3% royalty on franchisee turnover. The expected unit-level economics for franchisees are ~€100,000 of annual revenue with ~30% profitability in absence of personnel, supported by only ~1 hour per day of maintenance and restocking. Customer segments include entrepreneurs, traditional retailers seeking differentiation, gas stations, shopping centers, and other high-traffic locations such as train stations, airports, hospitals, and universities. Its B2B sales motion combines direct enterprise sales with franchise recruitment through trade-show presence (notably Franchise Expo Paris) and earned media coverage in BFM Business and Les Echos.

At its most recent disclosure (May 2019, Les Echos), Neovendis had 7 employees, 8 operating stores with 3 more planned by summer, and FY2018 revenue of slightly less than €1M. The company had cumulatively deployed 30+ Ximiti units across France and the United States, and was publicly targeting 50 stores within three years. It is backed by Entrepreneur Venture since 2015, holds a French Fab industrial certification (December 2018), and operates as the patent holder of the 24RoboMart robot technology and the Ximiti brand.

Name

Neovendis

Legal name

Neovendis

Website

https://neovendis.eu

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Neovendis designs, manufactures, and installs Ximiti automated convenience stores powered by its proprietary 24RoboMart retrieval robot. The French company sells turnkey 24/7 unmanned retail units via franchise, serving gas stations, shopping centers, and entrepreneurs in France and the US.

Ownership category

akta.pro rank

Product category

Automated Retail Systems

NAICS

Convenience Retailers (445131)

SIC

Retail-Convenience Stores (5412)

akta.pro primary industry

Automated/Unattended Convenience Stores (Smart/Checkout-Free) (CRAHABAK)

Keywords

• Automated convenience stores
• Robotic retail systems
• Self-service kiosks
• Unattended retail stores
• Automated vending solutions

Headquarters

HQ city

Aix-en-provence

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Automated Store Sales: Neovendis designs, manufactures, and sells automated convenience stores to franchisees. Initial investment is approximately 130,000 euros including license.
2. Franchise Royalties: Neovendis charges a 3% royalty on franchisee revenue.
3. Software Licensing: Software license includes soft updates and documentation updates. Three software products: LGAP (catalog design), GESTION (management), and HMI (consumer interface).
4. Expected Unit Revenue: Each franchise unit is expected to generate 100,000 euros annually in revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Neovendis designs, manufactures, and installs fully automated 24/7 convenience stores operated under the Ximiti brand. The stores use the company's patented 24RoboMart robot to retrieve products from vending-style racks, manage inventory in real time, and discard expired items. The offering is delivered as a turnkey franchise package that includes the physical store, a proprietary software suite (LGAP, GESTION, IHM), a consumer mobile app, and ongoing support.

Product overview

Neovendis offers a unified automated convenience store solution centered on the Ximiti brand. The portfolio consists of the Ximiti automated store (available as a kiosk or full modular unit) powered by the proprietary 24RoboMart robot, paired with three operator software modules (LGAP for catalog/price management, GESTION for remote inventory and cash management, and IHM for the in-store customer interface). Franchisees and consumers also interact with the Ximiti mobile application for pre-ordering and remote payment. Neovendis provides end-to-end services including design, manufacturing (in Aubagne, France), installation, training, and maintenance. The company operates as a single-product-line vendor rather than a multi-product platform, with all offerings tightly integrated around the Ximiti automated retail concept.

Differentiator

Problem solved

Functional benefit

Brands

• Ximiti: Automated convenience store brand offering 24/7 self-service shopping with robotic inventory management, smartphone app ordering, and refrigerated storage for up to 800 references.
• 24RoboMart

Products and services

• Ximiti Automated Convenience Store
• Ximiti Smartphone Application

Quantifiable outcome

• Expected 30% profitability for franchisees with 130,000 euro initial investment
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered minor and core.

• NAVSAminorOthersSyndicate of automated distribution (Chambre Syndicale de la Distribution Automatique). Neovendis is a member, guaranteeing a qualitative approach in compliance with the profession's ethical code.
• B+ EquipmentcoreStrategic or Co-development PartnerNeovendis is a spin-off of B+ Equipment, the automation specialist. This parent company relationship provided the foundation for Neovendis's robotic retail technology development.
• Adrole (TOTAL Gas Station)minorChannel Partner/ Reseller/ DistributorLocal business that installed Ximiti automated store at their TOTAL gas station location in Décines-Charpieu, expanding their service offering to include 24/7 retail products.
• Small Purchasing CooperativeminorOthersNeovendis sources supplies through a small purchasing cooperative, and encourages licensees to develop offerings with local partners.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Auchan Retail: Major French grocery retailer that has piloted unattended/automated retail formats. Comparable as a French incumbent that overlaps Neovendis's target market and could either adopt Ximiti or build its own automated-store alternative.
• Carrefour: French mass-retail incumbent with documented checkout-free store pilots. Comparable as a French large retailer overlapping Neovendis's geography and customer base, with the resources to internalize similar automation.
• Amazon Go / Amazon Fresh: Amazon's cashierless convenience/grocery stores using 'just walk out' technology. A well-funded broad incumbent with a similar 24/7 unattended convenience goal; competes with Neovendis more on category awareness than direct unit sales.

Direct peers

• AiFi: AI computer-vision checkout-free platform for autonomous retail stores. Comparable to Neovendis as an unattended-retail technology provider pursuing the same convenience and small-format retail use cases.
• Zippin: Checkout-free tech provider enabling unattended retail stores. Competes with Neovendis for the same opportunity of automating convenience retail through software-only retrofits rather than robotic dispensing.
• Grabango: Checkout-free computer-vision retail technology installed in existing grocery and convenience stores. Competes with Neovendis on the same unattended-retail value proposition, but with a sensor-only approach versus robotic dispensing.
• Standard Cognition: Provides checkout-free computer vision technology to retailers for unattended 24/7 convenience. Closest comparable technology peer to Neovendis — both sell 'no-checkout, no-staffing' retail tech into convenience formats, differing mainly on robotics (Neovendis) versus computer vision (Standard).
• Trigo: Computer-vision checkout-free platform deployed in grocery and convenience retail. Directly comparable to Neovendis in target use case (unattended convenience) and in selling automated retail technology to enterprise retailers and franchisees.
• 365 Self-Service Store: Operates unmanned, automated micro-convenience stores across Europe. Direct operating peer to Neovendis/Ximiti — both run unattended convenience stores under a standardized format, and 365's footprint competes for franchisees and real-estate in overlapping geographies.

Emerging players

• Standard AI (checkout-free startup cluster): Earlier-stage checkout-free automation platform targeting convenience and small-format retail. Adjacent emerging player to Neovendis competing for the same unattended retail use cases, but at an earlier commercial stage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Neovendis-1886974628243811
• LinkedInlinkedin.com/company-beta/11100248

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neovendis