SpotOn valuation, funding and investors

SpotOn works in point-of-sale system deployment, based in San Francisco, United States. Founded in 2017, it has about 2,680 employees.

Payment Processing & Point of Sale San Francisco Series F

VALUATION · TODAY

$3.79B −8% after Series F

Range $411M – $5.00B · Grade D

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

$8.00B

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series B $50.0M

Series C $60.0M

Series D $125M

Series E $300M

Series F $300M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY2,675 employees

+2%6m growth

+3%1y growth

−1%2y growth

1,000

2,000

3,000

Data from May 2021

TODAY

Predicted in 1 yr $3.48B −8% vs today

Predicted next raise $537M if a round comes

Winding-down probability 8%

Last round: Series F · $300M · May 2022
Valuation at last round: $3.60B
Headcount: 2,675 · flat
Grade: D
Founded: 2017

How VCMC values companies →

SpotOn valuation today

VCMC values SpotOn at $3.8B today, with a range of $411M to $5.0B and a grade of D. The valuation starts from its last funding round, a Series F round in May 2022.

Valuation by date (124 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

SpotOn: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2017	$8.37M	$3.05M – $23.0M	$11.5M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$8.60M	$3.13M – $23.6M	$11.8M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$8.81M	$3.21M – $24.2M	$12.1M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$9.05M	$3.29M – $24.9M	$12.4M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$9.29M	$3.38M – $25.5M	$12.7M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$9.54M	$3.47M – $26.2M	$13.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$9.79M	$3.56M – $26.9M	$13.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$10.1M	$3.66M – $27.6M	$13.8M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$10.3M	$3.76M – $28.4M	$14.2M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$10.6M	$3.86M – $29.1M	$14.5M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$10.9M	$3.96M – $29.9M	$14.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$11.2M	$4.07M – $30.7M	$15.3M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$11.5M	$4.18M – $31.5M	$15.7M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$11.8M	$4.29M – $32.4M	$16.2M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$12.1M	$4.40M – $33.2M	$16.6M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$12.4M	$4.52M – $34.1M	$17.0M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$12.7M	$4.64M – $35.0M	$17.5M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$13.1M	$4.76M – $35.9M	$17.9M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$13.4M	$4.89M – $36.9M	$18.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$13.8M	$5.02M – $37.9M	$18.6M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$14.2M	$5.15M – $38.9M	$18.8M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$14.5M	$5.29M – $39.9M	$18.9M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$14.9M	$5.43M – $41.0M	$19.1M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$15.3M	$5.58M – $42.1M	$19.3M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$15.7M	$5.73M – $43.2M	$19.4M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$16.2M	$5.88M – $44.4M	$19.6M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$16.6M	$6.03M – $45.5M	$19.8M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$17.0M	$6.19M – $46.7M	$20.0M (+17%)	before first round	–	unknown	D	0%
1 May 2019	$17.5M	$6.35M – $47.9M	$20.1M (+15%)	before first round	–	unknown	D	0%
1 Jun 2019	$17.9M	$6.53M – $49.3M	$20.3M (+13%)	before first round	–	unknown	D	0%
1 Jul 2019	$18.4M	$6.70M – $50.5M	$20.5M (+11%)	before first round	–	unknown	D	0%
1 Aug 2019	$18.6M	$6.77M – $51.1M	$20.7M (+11%)	before first round	–	unknown	D	0%
1 Sep 2019	$18.8M	$6.83M – $51.5M	$20.9M (+11%)	before first round	–	unknown	D	0%
1 Oct 2019	$18.9M	$6.89M – $52.0M	$21.1M (+11%)	before first round	–	unknown	D	0%
1 Nov 2019	$19.1M	$6.95M – $52.5M	$21.3M (+11%)	before first round	–	unknown	D	0%
1 Dec 2019	$19.3M	$7.01M – $52.9M	$21.5M (+11%)	before first round	–	unknown	D	0%
1 Jan 2020	$19.4M	$7.08M – $53.4M	$21.7M (+11%)	before first round	–	unknown	D	0%
1 Feb 2020	$19.6M	$7.14M – $53.9M	$21.9M (+11%)	before first round	–	unknown	D	0%
1 Mar 2020	$19.8M	$7.21M – $54.4M	$22.0M (+11%)	before first round	–	unknown	D	0%
12 Mar 2020	$358M	$235M – $815M	$536M (+50%)	after a round	–	unknown	C	0%
1 Apr 2020	$366M	$235M – $815M	$536M (+47%)	after a round	–	unknown	C	0%
1 May 2020	$378M	$235M – $815M	$536M (+42%)	after a round	–	unknown	C	0%
1 Jun 2020	$391M	$235M – $815M	$536M (+37%)	after a round	–	unknown	C	0%
1 Jul 2020	$404M	$235M – $815M	$536M (+32%)	after a round	–	unknown	C	0%
1 Aug 2020	$419M	$235M – $815M	$536M (+28%)	after a round	–	unknown	C	0%
1 Sep 2020	$433M	$235M – $815M	$536M (+24%)	after a round	–	unknown	C	0%
24 Sep 2020	$542M	$382M – $999M	$704M (+30%)	after a round	–	unknown	B	0%
1 Oct 2020	$545M	$382M – $999M	$704M (+29%)	after a round	–	unknown	B	0%
1 Nov 2020	$557M	$382M – $999M	$704M (+26%)	after a round	–	unknown	B	0%
1 Dec 2020	$569M	$382M – $999M	$704M (+24%)	after a round	–	unknown	B	0%
1 Jan 2021	$582M	$382M – $999M	$704M (+21%)	after a round	–	unknown	B	0%
1 Feb 2021	$595M	$382M – $999M	$704M (+18%)	after a round	–	unknown	B	0%
1 Mar 2021	$607M	$382M – $999M	$704M (+16%)	after a round	–	unknown	B	0%
1 Apr 2021	$621M	$382M – $999M	$704M (+13%)	after a round	–	unknown	B	0%
1 May 2021	$634M	$382M – $999M	$704M (+11%)	after a round	1,500	unknown	B	0%
27 May 2021	$1.9B	$1.6B – $2.8B	$2.4B (+30%)	after a round	1,500	unknown	A	0%
1 Jun 2021	$1.9B	$1.6B – $2.8B	$2.4B (+29%)	after a round	1,500	unknown	A	0%
1 Jul 2021	$1.9B	$1.6B – $2.8B	$2.4B (+27%)	after a round	1,500	unknown	A	0%
1 Aug 2021	$2.0B	$1.6B – $2.8B	$2.4B (+24%)	after a round	1,500	unknown	A	0%
1 Sep 2021	$2.0B	$1.6B – $2.8B	$2.4B (+21%)	after a round	1,500	unknown	A	0%
14 Sep 2021	$3.2B	$2.7B – $4.7B	$4.1B (+30%)	after a round	1,500	unknown	A	0%
1 Oct 2021	$3.2B	$2.7B – $4.7B	$4.1B (+28%)	after a round	1,500	unknown	A	0%
1 Nov 2021	$3.3B	$2.7B – $4.7B	$4.1B (+26%)	after a round	1,500	unknown	A	0%
1 Dec 2021	$3.3B	$2.7B – $4.7B	$4.1B (+23%)	after a round	1,500	unknown	A	0%
1 Jan 2022	$3.4B	$2.7B – $4.7B	$4.1B (+20%)	after a round	1,500	unknown	A	0%
1 Feb 2022	$3.6B	$2.7B – $5.1B	$4.5B (+24%)	after a round	2,200	growing	B	0%
1 Mar 2022	$3.7B	$2.7B – $5.1B	$4.5B (+20%)	after a round	2,200	growing	B	0%
1 Apr 2022	$3.8B	$2.7B – $5.1B	$4.5B (+17%)	after a round	2,200	growing	B	0%
1 May 2022	$3.9B	$2.7B – $5.1B	$4.5B (+14%)	after a round	2,200	growing	B	0%
19 May 2022	$3.6B	$3.1B – $5.4B	$4.7B (+30%)	after a round	2,200	growing	A	0%
1 Jun 2022	$3.6B	$3.1B – $5.4B	$4.7B (+29%)	after a round	2,200	growing	A	0%
1 Jul 2022	$3.7B	$3.1B – $5.4B	$4.7B (+26%)	after a round	2,200	growing	A	0%
1 Aug 2022	$3.8B	$3.1B – $5.4B	$4.7B (+23%)	after a round	2,200	growing	A	0%
1 Sep 2022	$3.9B	$3.1B – $5.4B	$4.7B (+20%)	after a round	2,200	growing	A	0%
1 Oct 2022	$4.0B	$3.1B – $5.4B	$4.7B (+18%)	after a round	2,200	growing	A	0%
1 Nov 2022	$4.1B	$3.1B – $5.4B	$4.7B (+15%)	after a round	2,200	growing	A	0%
1 Dec 2022	$4.1B	$3.1B – $5.4B	$4.7B (+13%)	after a round	2,200	unknown	A	0%
1 Jan 2023	$4.2B	$3.1B – $5.4B	$4.7B (+10%)	after a round	2,200	unknown	A	0%
1 Feb 2023	$4.3B	$3.1B – $5.4B	$4.7B (+8%)	after a round	2,200	unknown	A	0%
1 Mar 2023	$4.4B	$3.1B – $5.4B	$4.7B (+6%)	after a round	2,200	unknown	A	0%
1 Apr 2023	$4.7B	$3.1B – $5.6B	$4.9B (+4%)	after a round	2,600	up	A	0%
1 May 2023	$4.8B	$3.1B – $5.6B	$4.9B (+1%)	after a round	2,600	up	A	0%
1 Jun 2023	$4.9B	$3.1B – $5.6B	$4.9B (0%)	after a round	2,600	up	A	0%
1 Jul 2023	$4.9B	$3.1B – $5.6B	$4.9B (0%)	after a round	2,600	up	A	0%
1 Aug 2023	$4.9B	$3.1B – $5.6B	$4.9B (0%)	after a round	2,600	up	A	0%
1 Sep 2023	$4.9B	$2.7B – $5.6B	$4.9B (0%)	after a round	2,600	unknown	B	0%
1 Oct 2023	$4.9B	$2.6B – $5.6B	$4.9B (0%)	after a round	2,600	flat	B	0%
1 Nov 2023	$4.9B	$2.5B – $5.6B	$4.9B (0%)	after a round	2,600	flat	B	0%
1 Dec 2023	$4.9B	$2.4B – $5.6B	$4.9B (0%)	after a round	2,600	flat	B	0%
1 Jan 2024	$4.9B	$2.3B – $5.6B	$4.9B (0%)	after a round	2,600	flat	B	0%
1 Feb 2024	$4.9B	$2.2B – $5.6B	$4.9B (0%)	after a round	2,700	flat	B	0%
1 Mar 2024	$4.9B	$2.1B – $5.6B	$4.9B (0%)	after a round	2,700	flat	B	0%
1 Apr 2024	$4.9B	$2.0B – $5.6B	$4.9B (0%)	after a round	2,700	flat	B	0%
1 May 2024	$4.9B	$1.9B – $5.6B	$4.9B (0%)	after a round	2,700	flat	B	0%
1 Jun 2024	$4.9B	$1.8B – $5.6B	$4.9B (0%)	after a round	2,700	flat	B	0%
1 Jul 2024	$4.9B	$1.7B – $5.6B	$4.8B (-1%)	after a round	2,700	flat	C	0%
1 Aug 2024	$4.9B	$1.6B – $5.6B	$4.8B (-2%)	after a round	2,700	flat	C	0%
1 Sep 2024	$4.9B	$1.5B – $5.6B	$4.8B (-2%)	after a round	2,700	flat	C	0%
1 Oct 2024	$4.9B	$1.4B – $5.6B	$4.7B (-3%)	after a round	2,700	flat	C	0%
1 Nov 2024	$4.9B	$1.4B – $5.6B	$4.7B (-4%)	after a round	2,700	flat	C	0%
1 Dec 2024	$4.9B	$1.3B – $5.6B	$4.7B (-4%)	after a round	2,700	flat	C	0%
1 Jan 2025	$4.9B	$1.2B – $5.6B	$4.6B (-5%)	after a round	2,700	flat	C	0%
1 Feb 2025	$4.9B	$1.2B – $5.6B	$4.6B (-6%)	after a round	2,700	flat	C	0%
1 Mar 2025	$4.9B	$1.1B – $5.6B	$4.6B (-6%)	after a round	2,700	flat	C	0%
1 Apr 2025	$4.9B	$1.1B – $5.6B	$4.6B (-7%)	after a round	2,700	flat	C	0%
1 May 2025	$4.9B	$1.0B – $5.6B	$4.5B (-9%)	after a round	2,700	flat	C	0%
1 Jun 2025	$4.9B	$963M – $5.6B	$4.4B (-10%)	after a round	2,700	flat	C	0%
1 Jul 2025	$3.7B	$907M – $5.5B	$3.1B (-18%)	after a round	2,571	flat	C	25%
1 Aug 2025	$3.7B	$863M – $5.5B	$3.0B (-18%)	after a round	2,577	flat	C	25%
1 Sep 2025	$3.6B	$820M – $5.5B	$3.0B (-18%)	after a round	2,577	flat	C	25%
1 Oct 2025	$3.7B	$782M – $5.4B	$3.1B (-16%)	after a round	2,601	flat	C	23%
1 Nov 2025	$3.7B	$743M – $5.4B	$3.1B (-16%)	after a round	2,601	flat	C	21%
1 Dec 2025	$3.7B	$707M – $5.4B	$3.1B (-15%)	after a round	2,601	flat	D	19%
1 Jan 2026	$3.7B	$672M – $5.3B	$3.2B (-15%)	after a round	2,601	flat	D	18%
1 Feb 2026	$3.8B	$639M – $5.3B	$3.2B (-14%)	after a round	2,601	flat	D	16%
1 Mar 2026	$3.8B	$610M – $5.2B	$3.2B (-14%)	after a round	2,596	flat	D	15%
1 Apr 2026	$3.8B	$581M – $5.2B	$3.3B (-14%)	after a round	2,620	flat	D	14%
1 May 2026	$3.8B	$553M – $5.2B	$3.3B (-13%)	after a round	2,620	flat	D	13%
1 Jun 2026	$3.8B	$526M – $5.1B	$3.3B (-11%)	after a round	2,629	flat	D	12%
1 Jul 2026	$3.8B	$500M – $5.1B	$3.4B (-11%)	after a round	2,629	flat	D	11%
1 Aug 2026	$3.8B	$476M – $5.1B	$3.4B (-10%)	after a round	2,629	flat	D	10%
1 Sep 2026	$3.8B	$452M – $5.0B	$3.4B (-10%)	after a round	2,629	flat	D	9%
1 Oct 2026	$3.8B	$432M – $5.0B	$3.5B (-9%)	after a round	2,675	flat	D	8%
24 Oct 2026	$3.8B	$411M – $5.0B	$3.5B (-8%)	after a round	2,675	flat	D	8%

Key facts about SpotOn

Founded: 2017
Headquarters: San Francisco, United States
Employees: about 2,680 +3% in a year
Total raised: $835M
Funding rounds: 5
Last round: Series F May 2022

SpotOn was founded in 2017 by Doron Friedman, Matt Hyman and Zach Hyman.

SpotOn funding history

SpotOn has 5 funding rounds on record, from Mar 2020 to May 2022, $835M in total. The latest disclosed valuation is $3.60B post-money (Series F, May 2022).

Series F 18 May 2022
Led by Dragoneer Investment Group; with Andreessen Horowitz, DST Global, Franklin Templeton, Mubadala, G Squared.
Sources: spoton.com, privateequitywire.co.uk
$300M
$3.60B post-money
Series E 13 Sep 2021
Led by Andreessen Horowitz; with DST Global, 01A, Dragoneer Investment Group, Franklin Templeton, Mubadala, Wellington Management, Coatue.
Sources: finsmes.com, shamrockcap.com, ftpartners.com and 2 more
$300M
$3.15B post-money
Series D 26 May 2021
Led by Andreessen Horowitz; with DST Global, 01A, Dragoneer Investment Group, Franklin Templeton, Mubadala.
Sources: finsmes.com, spoton.com, ftpartners.com and 2 more
$125M
$1.88B post-money
Series C 23 Sep 2020
Led by DST Global; with Dragoneer Investment Group, Franklin Templeton.
Sources: finsmes.com, spoton.com, fintechfutures.com and 1 more
$60M
Series B 11 Mar 2020
Led by 01A; with Dragoneer Investment Group, Franklin Templeton, EPIQ Capital Group.
Sources: finsmes.com, ffnews.com, venturebeat.com and 3 more
$50M

SpotOn investors

10 investors have backed SpotOn; Dragoneer Investment Group, DST Global and 01A and 1 more led at least one round.

Dragoneer Investment Group lead, 5 rounds
DST Global lead, 4 rounds
01A lead, 3 rounds
Andreessen Horowitz lead, 3 rounds
Franklin Templeton 5 rounds
Mubadala 3 rounds
Coatue
EPIQ Capital Group
G Squared
Wellington Management

What SpotOn does

SpotOn works in payment processing & point of sale, with 14 recorded offerings and customers in retail, hospitality, automotive and health & beauty.

SpotOn Transact, LLC. is a United States company that develops and provides point-of-sale (POS) systems and related software solutions for restaurants, retail businesses, and enterprises. The company offers a comprehensive POS platform that includes hardware and software, mobile payment technology, restaurant management systems, loyalty programs, review management, marketing tools, website and e-commerce solutions, labor management, virtual terminals, online ordering, and delivery services. SpotOn also provides business resources and support for clients in sectors such as automotive and entertainment.

Description from Veridion's company data.

Products and services

Point-of-Sale System Deployment
Restaurant Management System Implementation
Review Management Services
Marketing and Customer Engagement Tools Development
E-Commerce and Online Ordering Platform Development
Online Ordering and Delivery Platform Development
Kitchen Display System Integration
Labor Management Solutions Development
Payroll Preparation Services
Equipment Financing Solutions
AI-Powered Financial Analysis Services
Cloud-Based Platform Integration
Business Growth Consulting Services
Community Engagement Services

Markets

Retail
Hospitality
Automotive
Health & Beauty
Professional Services

Technology

AI-Powered Financial Analysis
Cloud-Based Integration and Scalability

Business model

Business-to-Business
Service Provider
Software-as-a-Service

Industry codes (NAICS)

513210 Software Publishers 75% match
522299 International, Secondary Market, and All Other Nondepository Credit Intermediation 25% match

Questions about SpotOn

What is SpotOn worth?

Valuation $3.8B (range $411M to $5.0B), as of 24 Oct 2026. The last disclosed valuation was $3.60B (Series F, May 2022).

Has SpotOn raised money?

SpotOn has 5 funding rounds on record, from Mar 2020 to May 2022, $835M in total. The latest disclosed valuation is $3.60B post-money (Series F, May 2022).

Who has invested in SpotOn?

Dragoneer Investment Group, DST Global, 01A, Andreessen Horowitz, Franklin Templeton and Mubadala, and 4 more. Lead investors include Dragoneer Investment Group, DST Global, 01A and Andreessen Horowitz.

How many people work at SpotOn?

About 2,680, up 3% over the last year. Headcount grew from 1,500 in May 2021 to 2,675 in Sep 2026.

What does SpotOn do?

SpotOn works in payment processing & point of sale, with 14 recorded offerings and customers in retail, hospitality, automotive and health & beauty. Its main offerings are point-of-sale system deployment, restaurant management system implementation and review management services.

When was SpotOn founded, and where is it based?

SpotOn was founded in 2017 and is based in San Francisco, United States. It has about 2,680 employees, up 3% over the last year.

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