SpotOn raises $300M at a $3.15B valuation and acquires Appetize | TechCrunch.
Is SpotOn a startup?
SpotOn raises $300M at a $3.15B valuation and acquires Appetize. Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast-forward to almost exactly one year later and a lot has changed for the payments and software startup.
What does the company SpotOn do?
Helping restaurants and small businesses to compete and win with intuitive software, point-of-sale systems, and payment solutions.
Is SpotOn a legit company?
Is SpotOn a good company to work for? SpotOn has an overall rating of 3.9 out of 5, based on over 362 reviews left anonymously by employees. 78% of employees would recommend working at SpotOn to a friend and 75% have a positive outlook for the business. This rating has decreased by -8% over the last 12 months.
Does SpotOn have a contract?
THIS CONTRACT BECOMES BINDING WHEN CLIENT SIGNS UP FOR ANY SPOTON SERVICES OR WHEN CLIENT USES SPOTON SERVICES, INCLUDING THE SPOTON WEBSITE AND RELATED SERVICES. IF CLIENT DOES NOT ACCEPT THIS CONTRACT, CLIENT WILL NOT BE ABLE TO USE SPOTON'S SERVICES.
Toast is a good fit for many types of restaurants. It's NerdWallet's pick for best POS system for midsize bars, large coffee shops and restaurants overall. Newer restaurants might prefer looking into POS systems that offer month-to-month subscriptions and free cancellation until they become more established.
What kind of company is SpotOn?
SpotOn Transact, LLC operates as a payments and software company. The Company offers a platform that provides payment processing solutions. SpotOn Transact serves clients in the State of California.
Who owns SpotOn?
Zach Hyman
How many customers does SpotOn have?
Today, more than 30,000 businesses use SpotOn's platform, according to Hyman, with nearly 8,000 of those signing on this year. The company expects that number to triple by year's end.
Is SpotOn a real company?
SpotOn is a great company with a clearly superior product. It pays very well if you close deals but the company is growing so much it's difficult to get support from your manager sometimes. They are getting better though and this is a fantastic opportunity if you can put in the work on your own.