SpotOn
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $20.0m | Seed | |
$20.0m | Late VC | ||
$40.0m | Late VC | ||
* | $50.0m | Series B | |
$60.0m | Series C | ||
$125m Valuation: $1.9b | Series D | ||
$300m Valuation: $3.2b | Series E | ||
* | $300m Valuation: $3.6b | Series F | |
Total Funding | €832m |
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EditSpotOn is a cutting-edge company specializing in payment processing solutions tailored for small businesses. The company offers a suite of integrated customer engagement tools designed to help businesses get paid quickly, increase revenue, and improve operational efficiency. SpotOn serves a diverse range of clients, including restaurants, retail stores, and service-based businesses.
Operating in the merchant services market, SpotOn aims to redefine the industry by providing powerful yet easy-to-use tools. These tools are backed by exceptional customer service available 24/7. The company’s technology platform offers end-to-end digital solutions, making it easier for businesses to manage their operations and grow.
SpotOn’s business model revolves around providing software and payment solutions that integrate seamlessly into the daily operations of small businesses. The company makes money through transaction fees from payment processing and subscription fees for its software services. Additionally, SpotOn offers a consumer-facing app that connects customers to its merchants, allowing them to redeem deals, earn loyalty rewards, book appointments, and order from their favorite restaurants.
In summary, SpotOn empowers small businesses with innovative tools to streamline payments, enhance customer engagement, and drive growth, all while offering top-notch customer support.
Keywords: Payment Processing, Customer Engagement, Small Businesses, Revenue Growth, Efficiency, Digital Solutions, Restaurants, Retail, Service Industry, 24/7 Support.