SpotOn Transact
Latest round
- Series F
Last raised
- May 2022
Total raised
- $875M
Investors
- 10
About SpotOn Transact
Founded in 2017 and headquartered in San Francisco, US, SpotOn Transact LLC offers technology solutions tailored for businesses.SpotOn specializes in delivering comprehensive point-of-sale (POS) systems and business software solutions tailored for various industries, including restaurants, retail, automotive, and health & beauty. The core offering encompasses a fully integrated suite of software and payment technologies designed to enhance operational efficiency, streamline payment processing, and improve customer engagement. Key features include inventory management, labor management, online ordering, and AI-powered financial analysis tools like Profit Assist. The company’s products are designed for small to medium-sized businesses seeking the flexibility to customize their operations according to their unique business models.The revenue model of SpotOn is predicated on multiple transactional structures, including subscription fees for software usage and transaction-based fees for payment processing. Clients typically engage with SpotOn through service agreements that encompass software licensing, hardware acquisition, and ongoing support services. The flagship offerings, such as their POS systems and integrated restaurant management solutions, are priced on a tiered structure depending on the features and scale required by the client. Revenue is generated as clients utilize the system for daily operations, with recurring monthly fees supplemented by fees associated with transaction processing. The company aims to expand into new geographic regions and markets, although specific targets have not been disclosed.
Who invested in SpotOn Transact
10 investors across 6 rounds
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Questions about SpotOn Transact
Who invested in SpotOn Transact?
SpotOn Transact has 10 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SpotOn Transact raised?
SpotOn Transact has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did SpotOn Transact last raise money?
SpotOn Transact's most recent round on record is a Series F, in May 2022.
What does SpotOn Transact do?
Founded in 2017 and headquartered in San Francisco, US, SpotOn Transact LLC offers technology solutions tailored for businesses.
Where is SpotOn Transact headquartered?
SpotOn Transact is headquartered in San Francisco, US.
Which VCs invest in companies like SpotOn Transact?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SpotOn Transact's stage. Their profiles are linked below.
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