SpotOn - About the company
SpotOn is a series F company based in San Francisco (United States), founded in 1999 by Doron Friedman, Zachary Hyman and Matthew Hyman. It operates as a Provider of point of sale systems and restaurant management software. SpotOn has raised $923M in funding from investors like Andreessen Horowitz, DST Global and Franklin Templeton Investments, with a current valuation of $3.6B. The company has 6171 active competitors, including 309 funded and 212 that have exited. Its top competitors include companies like Toast, Visma and Olo.
Sectors and market segments that SpotOn operate in
SpotOn serves in the Food and Agriculture Tech market segments.The primary business model of SpotOn is:Company Details
Provider of point of sale systems and restaurant management software. The business offers integrated hardware and software solutions that facilitate payment processing, online ordering, delivery fulfillment, and customer loyalty programs for food service operations. These tools allow merchants to manage inventory, track profitability, and automate marketing campaigns through a centralized dashboard. The system enables businesses to accept payments in-store, online, and via mobile devices while routing orders directly to kitchen displays. Additional features include analytical tools for profit assessment and customized guest engagement platforms designed to increase repeat transactions and improve operational efficiency.
- Website
- www.spoton.com/
- Social
- Email ID
- *****@spoton.com
- Phone Number
- +1 **********
- Registered Address
- Los Angeles, California
Key Metrics
Founded Year
1999
Location
San Francisco, United States
Stage
Series F
Total Funding
$923M in 9 rounds
Latest Funding Round
Post Money Valuation
$3.6B as on May 18, 2022
Investors
Ranked
7th among 6171 active competitors
Employee Count
2,673 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with SpotOn
SpotOn is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Spoton Transact LLC CIN: 20181717688 , United States, Active | Sep 11, 2018 | - | 1200 (As on Dec 31, 2024) | - |
SPOTON TRANSACT CIN: 814929872 , United States, Active | Dec 31, 1999 | - | 1117 (As on Dec 31, 2024) | - |
APPETIZE TECHNOLOGIES, INC. CIN: 453445737 , United States, Active | Dec 26, 999 | - | 225 (As on Dec 31, 2020) | - |
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SpotOn's funding and investors
SpotOn has raised a total funding of $923M over 9 rounds. Its first funding round was on Aug 20, 2012. Its latest funding round was a Series F round on May 18, 2022 for $300M. 6 investors participated in its latest round. SpotOn has 17 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of SpotOn:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2022 | $300M | Series F | $3.6B | - | ||
Sep 13, 2021 | $300M | Series E | $3.15B | - | ||
May 26, 2021 | $125M | Series D | $1.88B | - |
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SpotOn's founders and board of directors
Founder? Claim ProfileThe founders of SpotOn are Doron Friedman, Zachary Hyman and Matthew Hyman. Matthew Hyman and Zachary Hyman are the CEOs of SpotOn.
Here are the details of SpotOn's key team members:
- Doron Friedman: Co-Founder & MD of SpotOn. They serve on the board of 1 company.Contact Info: 1 email address
- Zachary Hyman: Co-Founder & CEO of SpotOn. Contact Info: 1 email address
- Matthew Hyman: Co-Founder & CEO of SpotOn. Contact Info: 1 email address
SpotOn's Board of Directors
SpotOn's board has 10 active members. Andrew Howard, Kevin Anderson, Max Roper, Jason Pratts, Alan Resnikoff, Andy Howard, Matthew Hansen, Mark Eastwood, Dan Machock and Daniel Machock are independent board members.Here is the list of SpotOn's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 8y 7m | |
Independent board member | - | Current | 9y 7m | |
Independent board member | - | Current | 8y 7m | |
Independent board member | - | Current | 6y 6m | |
Independent board member | - | Current | 8y 7m |
View details of SpotOn's Founder profiles and Board Members
SpotOn's employee count trend
SpotOn has 2,673 employees as of Jul 26. Here is SpotOn's employee count trend over the years:
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SpotOn's Competitors and alternates
Top competitors of SpotOn include Toast, Visma and Olo. Here is the list of Top 10 competitors of SpotOn, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
3rd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 80/100 | |
4th | All-in-one software powering SME growth with POS, payroll, and more | $27M | 79/100 | ||
5th | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 79/100 | |
6th | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of cloud software for payroll and human resources management | $1.49B | 78/100 | |
7th |  SpotOn 1999, San Francisco (United States), Series F | Provider of point of sale systems and restaurant management software | $923M | 77/100 | |
8th | Tailor Brands 2014, Tel Aviv (Israel), Series C | Machine Learning based content creation solution provider | $70.6M | 76/100 | |
9th |  HoneyBook 2013, San Francisco (United States), Series E | Provider of business management software for small independent service providers | $479M | 75/100 | |
10th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 |
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SpotOn's Investments and acquisitions
SpotOn has not made any investments yet. SpotOn has made 5 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 15, 2021 | Acquisition | 2015 | ||
Sep 13, 2021 | Acquisition | 2011 | Los Angeles (United States) | |
Aug 11, 2020 | Acquisition | 2012 | Sacramento (United States) |
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Reports related to SpotOn
Here is the latest report on SpotOn's sector:
News related to SpotOn
Filter this listMedia has covered SpotOn for a total of 12 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
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Popmenu Partners with SpotOn to Help Restaurants Scale GrowthPR Newswire•Apr 15, 2026•Popmenu, SpotOn
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SpotOn Expands Financial Services Offerings for Restaurants With Launch of Rapid FundBusiness Wire•Apr 14, 2026•SpotOn
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Loyalty Programs Drive Nearly Two-Thirds of Restaurant Delivery DecisionsPYMNTS.com•Feb 24, 2026•Papa John, Google, SpotOn, Wix
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Loman AI and SpotOn Announce Partnership Bringing Voice AI to SpotOn POS RestaurantsBusiness Wire•Jan 28, 2026•Loman, SpotOn
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SpotOn Reveals Super Bowl Game-Day Strategy for Independent Restaurants.What Now•Jan 15, 2026•SpotOn
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SpotOn helps restaurants get ready for Guy's Flavortown Tailgate during Super Bowl weekendPR Newswire•Jan 14, 2026•SpotOn
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SpotOn Reveals Restaurant Outlook for 2026, Focusing on ProfitabilityPR Newswire•Dec 10, 2025•SpotOn
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