SpotOn is one of the fastest-growing software and payment companies with comprehensive, cloud-based technology for businesses of all types and sizes.
SpotOn helps restaurants and small businesses to compete and win with intuitive software, point-of-sale systems, and payment solutions.
SpotOn was co-founded in 2017 by Matthew Hyman, Zachary Hyman, and Doron Friedman. The company is headquartered in San Francisco, California, with offices in Chicago, Detroit, Denver, Mexico City, Mexico and Krakow, Poland.
SpotOn offers an end-to-end software and payment platform to streamline operations, improve the customer experience, and increase profit. The SpotOn platform incorporates tools which include payment processing, POS, custom websites, scheduling software, marketing, reviews, analytics and loyalty.
SpotOn has redefined the merchant service industry by giving you the tools and service your business deserves at a price that puts money back into your pocket. Today, more than 40,000 businesses use SpotOn’s platform, with nearly 4,000 of those signing on this year.
SpotOn has acquired Appetize, a digital and mobile commerce payments platform. The company is launching SpotOn Retail, an omnichannel retail platform that allows independent retailers to compete with big-box stores and ecommerce giants by selling in store, online, or on the go through one seamless, intuitive dashboard.
SpotOn is backed by Andreessen Horowitz, Dragoneer, Franklin Templeton, DST Global, Mubadala Investment Company, 01 Advisors, Wellington Management, Coatue Management, G Squared, and others. The company raised $300M in Series F round on May 18, 2022. This brings SpotOn's total funding to $895M to date. The latest round pushed the company's valuation to $3.6B post-money. SpotOn was last valued at $3.15B from the Series E round raised in Sep 2021.