Vend-A-Key

Vend-A-Key developed and patented automatic key making technology that will fundamentally alter the $2BB US key duplication market.

  • Stage Not Set
  • Industry Consumer Products
  • Location Eagan, MN, USA
  • Currency USD

Company Summary

Vend-A-Key's technology will be incorporated into self-service vending machines placed in convenience stores, hardware stores, big box stores and anywhere else there is sufficient traffic. It will transform key duplication from a labor intensive loss leader to a significant profit center. Distribution will be by strategic partner with 5000 outlets. Profits distributed annually. Principals invested $970M. Company seeking $1MM for 1/3rd of action.

Team

  • Maury Taylor
    CEO

    Founder of Chronimed, a$2BB company. exPresident, Summit Gear, Defense Contractor of the year. Former Inc/Ernst & Young Entrepreneur of the Year. Past Chairman, Whittier Scripps. Founded companies in medical device, orphan drug, precision instruments andbiotech products industries.

  • Craig Laughlin
    Chairman of the Board & VP Business Development

    Founder and President, SRC Funding, business consulting. .Officer and director of a number of public companies that merged into shells he controlled.

  • John Titus
    Governor and Consulting Engineer

    Computerized class rings for Jostens. Instrumental in developing computerized test scoring that enabled national Computer to dominate industry for decades. Over 100 engineering awards, patents in robotics and automation systems.

  • Bill Ryder
    Director of Development

    As President of Ryder Engineering, 20 years doing contract engineering. Chair, Minneapolis Chapter, Society of Manufacturing Engineers. Formerly development engineer for various companies.

  • Michael Flannigan

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