Fundz

SpotOn Raises $60 Million in Series C Funding Led by DST Global

PRIVATESep 23, 2020

Amount Raised

$60 Million

Round Type

Series C

San FranciscoFinancial ServicesSoftwarePrivacy And Security

Investors

DST Global

Description

SpotOn Transact, Inc (“SpotOn”), an innovative software and payments company, today announced $60 million in Series C funding. The round is led by DST Global, one of the world’s leading Internet investment firms, with participation from existing investors including Dragoneer Investment Group and Franklin Templeton. The new funding comes on the heels of SpotOn’s Series B funding announcement in March and reflects the company’s rapid growth over the last six months.

Quick answer

SpotOn raised $60 Million in a Series C round, dated September 23, 2020. Investors: DST Global. SpotOn is based in San Francisco, California, United States.

How much did SpotOn raise?
SpotOn raised $60 Million in a Series C round on September 23, 2020.
Who invested in SpotOn?
DST Global is named as investors in this round.
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.

  • PayMongo raised $15M on September 24, 2020.
  • StackHawk, Inc. raised $10M on November 4, 2020.
  • Axiado raised $900K on October 29, 2020.
  • Stairwell raised an undisclosed amount (Seed) on October 28, 2020.
  • Eagle Eye Networks raised $40M (Funding Round) on October 27, 2020.
  • Rialtic raised $15M on October 22, 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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Company Information

Company

SpotOn

Location

San Francisco, California, United States

About

SpotOn’s mission is to develop software and payment technology for people who want to run their business on their own terms. Because if you’ve got the courage to strike out on your own, you ought to have the freedom to do things the way you want and go as big (or stay as small) as you want.

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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

2 contacts
Verified contactsJanet E., Sales Manager hidden hidden hiddenSee plans and pricing
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SpotOn 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.