Tech Company Financing Transactions
SpotOn Funding Round
SpotOn, based in San Francisco, raised $40 million in funding from Franklin Templeton and Dragoneer Investment Group.
Transaction Overview
Company Name
Announced On
6/12/2019
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Franklin Templeton (Lead Investor) (Chris Anderson)
Proceeds Purpose
This round of funding will be used to accelerate its momentum and fuel its expansion into new markets. As part of these efforts, the company plans to continue growing its field sales team, and expects to add an additional 100 employees in its high-growth SpotOn Restaurant division.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
300 California St. 4th Floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
SpotOn offers a consumer-facing loyalty platform and a merchant-facing marketing machine. For consumers, SpotOn eliminates the need to carry multiple punch cards with a seamless digital check-in to access rewards and perks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Doron Friedman
Co-Founder
Matt Hyman
Co-Founder
Zach Hyman
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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