Amount Raised
$50 Million
Round Type
Series B
San FranciscoFinancial ServicesSoftwarePrivacy And SecurityDescription
SpotOn Transact, Inc (“SpotOn”), an innovative payments and software company, today announced $50 million in Series B funding. The round includes 01 Advisors, an investment and advisory firm founded by Twitter’s former CEO Dick Costolo, former COO Adam Bain and former Corporate Development and Investor Relations executive David Rivinus, as well as returning investors Dragoneer Investment Group, Franklin Templeton and EPIQ Capital Group. This new funding follows a year in which SpotOn increased its revenue by over 150%. The company has continued that momentum in 2020 by adding over 5,000 clients already.
Quick answer
SpotOn raised $50 Million in a Series B round, dated March 11, 2020. SpotOn is based in San Francisco, California, United States.
- How much did SpotOn raise?
- SpotOn raised $50 Million in a Series B round on March 11, 2020.
- What does SpotOn do?
- SpotOn’s mission is to develop software and payment technology for people who want to run their business on their own terms.
- Where is SpotOn based and how big is it?
- SpotOn is based in San Francisco, California, United States.
- Who are the decision-makers at SpotOn?
- Fundz holds 2 contacts at SpotOn, including the Sales Manager. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Privacy And Security around the same time
Companies in the same sectors as SpotOn that raised within 45 days of this round, from Fundz verified event records.
- Parallel Markets raised $4.3M (Seed) on April 10, 2020.
- Compt raised $2.5M (Seed) on April 24, 2020.
- Everee raised $10M on April 20, 2020.
- Everee raised $10M (Series A) on April 16, 2020.
- Beeline Holdings raised $1M (Seed) on April 16, 2020.
- MIXMODE raised $4M (Series A) on April 7, 2020.
Who to call at SpotOn, and when
A new round usually means SpotOn is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SpotOn raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SpotOn, from your own LinkedIn network
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Fundz sees it the moment SpotOn raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansSpotOn raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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