Poynt Co.

SoftwareSeries BPalo Alto, USpoynt.com

Latest round

Series B

Last raised

Mar 2015

Total raised

$33M

Investors

6

About Poynt Co.

Poynt Co.Poynt Co. specializes in providing a comprehensive open commerce platform for merchants.Poynt primarily offers a comprehensive open commerce platform designed for merchants, featuring advanced point-of-sale (POS) solutions tailored for a variety of business needs. The core offering includes the Poynt Smart Terminal, which allows for seamless transactions across multiple channels, including in-store, mobile, and online sales. This solution supports an extensive range of customizable applications and services that merchants can integrate to enhance their operations, such as eCommerce capabilities and gift card processing. The platform facilitates easy installation and automated onboarding, enabling businesses to manage thousands of devices remotely, thereby streamlining day-to-day operations.Poynt generates revenue through a structured transaction model featuring subscriptions and partnerships with resellers and merchants. Merchants typically pay a monthly fee for access to the Poynt platform, which includes the use of hardware such as Smart Terminals and accompanying services. The company's revenue streams are bolstered by the optional apps and services that enhance the user experience, providing additional value to merchants. Specific pricing plans for these services are tailored to address the individual needs of clients and may vary based on the selected features and functionality.In the wake of the recent acquisition by GoDaddy, Poynt plans to leverage its resources to enhance its platform and expand its product offerings. The company is in the process of designing new features aimed at improving merchant operations, although specific release dates have not been disclosed. Additionally, Poynt is targeting expansion into new markets, particularly in Latin America and Europe, by the end of 2021, capitalizing on GoDaddy's extensive reach. The USD 365 mn from the Trade Sale acquisition will be utilized to support these initiatives, ensuring that Poynt can continue providing innovative solutions to its client base.

Who invested in Poynt Co.

6 investors across 2 rounds

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Funding rounds

  1. Series B

    Mar 6, 2015

    Amount

    $28M

    Investors

    Locked

  2. Series A

    Nov 19, 2013

    Amount

    $5M

    Investors

    Locked

Questions about Poynt Co.

Who invested in Poynt Co.?

Poynt Co. has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Poynt Co. raised?

Poynt Co. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Poynt Co. last raise money?

Poynt Co.'s most recent round on record is a Series B, in Mar 2015.

What does Poynt Co. do?

Poynt Co. is a software company.

Where is Poynt Co. headquartered?

Poynt Co. is headquartered in Palo Alto, US.

Which VCs invest in companies like Poynt Co.?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Poynt Co.'s stage. Their profiles are linked below.

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