Vengo Shark Tank Update

slim digital vending machine

Fell ThroughNow:ThrivingFood & BeverageSeason 7, Episode 22New York, NYby Steven Bofill and Brian ShimmerlikWebsite

What Happened to Vengo After Shark Tank

Is Vengo still in business? Yes — still in business and thriving.

$15M

reported annual revenue

Deal Fell Through

Deal with Lori and Kevin fell through during due diligence; company raised $7M independently

On-air deal with Kevin O'Leary and Lori Greiner did not close post-show
Partnership with Blackstone Launchpad for digital kiosks at NYU, Syracuse, and University of Central Florida
Raised $7 million in venture funding in 2019 including investment from Gary Vaynerchuk
Annual revenue $15 million as of 2024

Last verified Apr 1, 2026. Web-confirmed sources.

Get updates on Vengo

The Vengo Shark Tank Pitch

Steven Bofill and Brian Shimmerlik of New York, NY pitched Vengo on Shark Tank Season 7, Episode 22, which aired Friday, March 18, 2016, asking for $2M for 12.5% of the company — a $16M valuation.

Lori Greiner and Kevin O'Leary teamed up and agreed to invest $2M for 10% equity, valuing the company at $20M, structured with a $2M loan. The deal fell through after the show. Deal with Lori and Kevin fell through during due diligence; company raised $7M independently.

Watch the Pitch

Pitch Details

Aired: S7E22Mar 18, 2016
Ask: $2Mfor 12.5%
Ask Valuation: $16M

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $2M
Equity: 10%
Valuation: $20M
Loan: $2M