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365 Retail Markets Announces Majority Investment from Providence Equity Partners

PRIVATEDec 24, 2020

Round Type

Venture

TroySoftware

Description

365 Retail Markets ("365" or the "Company"), a leading provider of self-service commerce technology to the foodservice industry, today announced a majority investment from Providence Equity Partners ("Providence"), a premier private equity firm that specializes in the media, communications, education, software and services industries. Providence will partner with current investor McCarthy Capital and the Company's management team to seek to advance the unattended retail market industry, fuel product development and customer services, and continue to accelerate growth. 365's CEO and Founder, Joe Hessling, will continue to lead the Company and maintain a significant ownership stake.

Quick answer

365 Retail Markets raised an undisclosed amount in a funding round, dated December 24, 2020. 365 Retail Markets is based in Troy, Michigan, United States.

How much did 365 Retail Markets raise?
365 Retail Markets raised an undisclosed amount in a funding round on December 24, 2020.
What does 365 Retail Markets do?
365 Retail Markets is the global leader of self-service commerce technology to the foodservice industry.
Where is 365 Retail Markets based and how big is it?
365 Retail Markets is based in Troy, Michigan, United States.
Who are the decision-makers at 365 Retail Markets?
Fundz holds 3 contacts at 365 Retail Markets, including the Jr. HR Business Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as 365 Retail Markets that raised within 45 days of this round, from Fundz verified event records.

  • DATAART ENTERPRISES INC raised $655K (Seed) on February 5, 2021.
  • Inclined raised $450K on February 3, 2021.
  • Clinetic raised $6.4M on February 3, 2021.
  • Circle8 Group Inc raised $350K (Seed) on February 3, 2021.
  • Clarity AI raised $24M on February 2, 2021.
  • Capital Rx raised $50M (Series B) on February 2, 2021.

Who to call at 365 Retail Markets, and when

A new round usually means 365 Retail Markets is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day 365 Retail Markets raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at 365 Retail Markets, from your own LinkedIn network

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Company Information

Company

365 Retail Markets

Location

Troy, Michigan, United States

About

365 Retail Markets is the global leader of self-service commerce technology to the foodservice industry. Founded in 2008, 365 provides a full suite of best-in-class, self-service technologies for food service operators. including end-to-end integrated SaaS software, payment processing and point of-sale hardware. Today, the Company's technology solutions autonomously power food retail spaces at corporate offices, manufacturing and distribution facilities, and more, in order to provide compelling foodservice options for consumers. 365's technology solutions include a growing suite of frictionless smart-stores, micromarkets, vending, catering, and dining point-of-sale options to meet the expanding needs of its customers. 365 continuously pioneers innovation in the industry with superior technology, strategic partnerships and ultimate flexibility in customization and branding.

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Related People

3 contacts
Verified contactsMichelle K., Jr. HR Business Partner hiddenSee plans and pricing
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365 Retail Markets raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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