SpotOn

SpotOn

Payment processing and customer engagement solutions

About

SpotOn provides payment processing solutions specifically designed for small businesses. Its main offerings include a suite of integrated tools that help businesses manage payments, engage with customers, and improve their overall operations. SpotOn's technology platform allows businesses to handle transactions efficiently while also offering features like loyalty rewards and appointment booking through a consumer-facing app. What sets SpotOn apart from its competitors is its focus on small businesses and the exceptional 24/7 customer support it provides. The goal of SpotOn is to empower small businesses to increase their revenue and streamline their operations through effective digital solutions.

Company Stage

Series F

Employees

1,001-5,000

Industries

Consumer Software, Fintech, Consumer Goods

Total Funding

$890M

Headquarters

N/A

Founded

2010


Simplify Jobs

Simplify's Take

What believers are saying

  • SpotOn's recognition by Fast Company as one of the Most Innovative Companies in Dining underscores its industry leadership and potential for growth.
  • The introduction of AI-driven tools like Marketing Assist can significantly enhance operational efficiency and customer engagement for small businesses.
  • Being named one of the Best Places to Work by BuiltIn indicates a positive work environment, which can attract top talent and drive further innovation.

What critics are saying

  • The highly competitive nature of the payment processing and restaurant technology markets could pressure SpotOn to continuously innovate to maintain its edge.
  • The company's focus on small businesses, while a strength, may also limit its market reach compared to competitors targeting larger enterprises.

What makes SpotOn unique

  • SpotOn's focus on small businesses, particularly in the restaurant sector, sets it apart from competitors who target broader markets.
  • The company's 24/7 customer support and high user adoption rates, as recognized by G2, highlight its commitment to customer satisfaction.
  • SpotOn's innovative features like the AI-enabled Marketing Assist and Seat & Send waitlist feature demonstrate its dedication to technological advancement in the restaurant industry.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

10%

Benefits

Medical, Dental and Vision Insurance

401k with company match

RSUs

Paid vacation, holiday and sick time

Headspace membership

Home office equipment

Monthly cell phone and internet stipend

Unlimited access to virtual audio and visual workouts

Subscription to Linkedin Learning

Tuition reimbursement

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