On The Spot Systems
Latest round
- Seed
Last raised
- Jan 2012
Total raised
- $0.8M
Investors
- 2
About On The Spot Systems
On The Spot Systems, Inc.On The Spot Systems, Inc. specializes in real-time data solutions, with its headquarters located in Newton, US. Founded by Ken Kimmel, the company was acquired on January 6, 2014, by Press Garney Associates, a portfolio company of Vestar Capital Partners, from its venture capital backers for an undisclosed fee.On The Spot Systems specializes in providing innovative technology solutions aimed at enhancing operational efficiency in various sectors. The company’s core product offerings include advanced software applications designed for real-time data capture and processing, as well as mobile solutions that facilitate streamlined communication and task management. These products are utilized across industries such as logistics, healthcare, and field service management, addressing critical use cases like inventory tracking, patient monitoring, and workforce coordination. On The Spot Systems serves a diverse client base that includes enterprises as well as small to medium-sized businesses, with particular emphasis on the North American and European markets, where the demand for digital transformation solutions is rapidly growing.The revenue generation model for On The Spot Systems is primarily structured around subscription-based services tailored to its software offerings. Clients typically engage with the company through annual or monthly subscription plans that provide access to the core application suite, along with ongoing support and updates. These plans may cater to various user tiers, reflecting the distinct needs of different client segments, from small businesses to larger enterprises. The company's flagship products, which are integral to its revenue stream, are offered through a direct-to-consumer model, enabling organizations to leverage the full suite of capabilities directly.On The Spot Systems aims to expand its product line with upcoming software enhancements expected to be launched in the next fiscal year. The company is also planning to penetrate further into the European market by 2025, targeting new regions that exhibit a strong demand for digital transformation solutions.
Who invested in On The Spot Systems
2 investors across 1 round
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Funding rounds
Seed
Jan 17, 2012
Amount
$0.8M
Investors
Questions about On The Spot Systems
Who invested in On The Spot Systems?
On The Spot Systems has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has On The Spot Systems raised?
On The Spot Systems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did On The Spot Systems last raise money?
On The Spot Systems's most recent round on record is a Seed, in Jan 2012.
What does On The Spot Systems do?
On The Spot Systems is a internet company.
Where is On The Spot Systems headquartered?
On The Spot Systems is headquartered in Newton, US.
Which VCs invest in companies like On The Spot Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at On The Spot Systems's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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