Vending

Coolgreens' vending initiative secures funding

June 30, 2020

Coolgreens, the Oklahoma City based fast casual eatery, has acquired funding from members of the Victorum Capital Club in CGM DFW LLC, a subsidiary charged with driving expansion of Coolgreens smart fridge Coolgreens Market in Dallas-Fort Worth, according to a press release.

"Our team was already underway deploying Coolgreens Market throughout DFW, but with this new opportunity, we are now able to go above and beyond our original expansion plans," Coolgreens CEO Robert Lee said in a prepared statement.

In early 2020, Coolgreens launched Coolgreens Market — smart fridges that offer a way to grab healthy food on-the-go. With Victorum Capital's funding, CGM DFW's goal is to place at least 50 machines in targeted residential and office buildings throughout DFW by the end of August.

"Victorum has done a lot of research and work around 'intelligent vending,' where goods are brought closer to the consumer at a lower cost profile," said Victorum Capital Managing Partner Matt Wilson.

Picture courtesy of Coolgreens.