In-vehicle Vending Systems, Inc

In-Vehicle Vending System, Inc. miniaturized a marketable refrigerated, “Compact Vending” machine that can dispense beverages in a taxi.

  • Stage Prototype Ready
  • Industry Consumer Products
  • Location Naples, FL, USA
  • Currency USD
  • Founded January 2010
  • Employees 4

Company Summary

IVS has patent pending technology for vending machines to be installed in taxis worldwide. Manufacturing and logistics have been secured, and the funding is needed to get the units built and installed. The plan anticipates installing 13,000 units in the 1st year, which should generate $5M in EBITDA monthly.

Team

  • Daniel Dao
    CEO

    Daniel Dao has over 20 years of Mechanical Engineering and Entrepreneurial experience
    that has crossed over many segments of many industries from Hughes Electronics, to
    the Project Engineer for the design, engineering and manufacturing of children’s toys, to
    Project Engineer for one of the most of highly revered, quality cooler manufacturers, in
    the world. Among other notable accomplishments, he is responsible via his directorship
    of Playhut

  • Jack Schwartz
    Treasurer

    Jack Schwartz has over 40 years in the Automotive Business as President of one of the
    largest franchises of Automobile Dealerships on the East Coast of the US, was President
    and CEO of the largest Livery Leasing corporation in the country, and later as President
    of one of the largest manufacturers of Limousines (he designed the vehicles and his
    innovations are still the industry standard for Limousine manufacturing and design,
    today).
    Addit

  • Bruce Sonneborn
    EVP

    Bruce Sonneborn has an architectural/structural engineering managerial background
    that specialized in hospital design which, due to his entrepreneurial spirit, morphed into
    an extensive career in startup Resort Development companies in Europe, the Far East,
    Caribbean and the US that has spanned the last 30 years. He has developed and
    operated some of the most successful Mixed Use/Timeshare Development, Sales and
    Marketing operations in the w

  • Quinn Chi
    VP Manufacturing

    Quinn Chi received his Electrical Engineering degree from California Polytechnic
    University, Pomona, Ca. He has over 20 years of experience in design and manufacturing
    specializing in sensors, heaters, and temperature control systems for military and
    aerospace applications. These designs were many times mission critical; reliability of
    performance were tantamount to every other aspect. He is extremely well versed with
    the nuances of aerospac

  • Joel Gutterman
    CFO

    Joel Gutterman is a founder and partner of MLGW (A Certified Public Accounting Firm in
    NYC). Mr. Gutterman brings over 50 years of experience to MLGW, including expertise
    servicing professional firms, broker dealers, service businesses, closely held entities as
    well as high net worth individuals and not-for-profits. Gutterman focuses on addressing
    the unique needs of entrepreneurial and emerging businesses.
    He has recently been named a 40-ye

Advisors

  • Mitchell Mehlman
    Lawyer
    Unconfirmed
    Joel Gutterman
    Accountant
    Unconfirmed

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free