About Cantaloupe
Cantaloupe is a company based in Malvern (United States) founded in 1992 was acquired by 365 Retail Markets in June 2025.. Cantaloupe has raised $12.4 million across 1 funding round from investors including 365 Retail Markets, USA Technologies and Foundation Capital. The company has 358 employees as of June 30, 2025. Cantaloupe has completed 5 acquisitions, including 32 Market, Cantaloupe and SB Software. Cantaloupe offers products and services including Card Readers, Self-Service Kiosks, Smart Coolers, Seed Live, and Handhelds. Cantaloupe operates in a competitive market with competitors including Square, Zettle, ShopKeep, Clip and Tyro, among others.
- Headquarter Malvern, United States
- Employees 358 as on 30 Jun, 2025
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cantaloupe, Inc.
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Annual Revenue
$302.55 M12.64as on Jun 30, 2025
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Net Profit
$64.53 M438.09as on Jun 30, 2025
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EBITDA
$41.15 M57.97as on Jun 30, 2025
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Total Equity Funding
$12.4 M (USD)
in 1 rounds
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Latest Funding Round
$12.4 M (USD), Series B
Apr 27, 2010
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Investors
365 Retail Markets
& 3 more
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Employee Count
358
as on Jun 30, 2025
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Investments & Acquisitions
32 Market
& 4 more
- Acquired by
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IPO & Listings of Cantaloupe
Cantaloupe is a publicly listed company on the NASDAQ with ticker symbol CTLP in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cantaloupe
Cantaloupe offers a comprehensive portfolio of products and services, including Card Readers, Self-Service Kiosks, Smart Coolers, Seed Live, and Handhelds. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables cashless payments for vending machines to boost sales
Simplifies checkout for customers in various retail settings
Offers remote monitoring for food service in self-service environments
Provides insights for vending operations and business efficiency
Facilitates on-the-go payments at events and large venues
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Software Development Team
21 people
Sales and Marketing
19 people
Leadership Team
17 people
Finance and Accounting
8 people
Operations Team
8 people
Senior Team
7 people
Human Resources and Administration
2 people
Legal and Compliance
2 people
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Funding Insights of Cantaloupe
Cantaloupe has successfully raised a total of $12.4M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.4 million completed in April 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $12.4M
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First Round
First Round
(27 Apr 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2010 | Amount | Series B - Cantaloupe | Valuation | Foundation Capital , Global Environment Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cantaloupe
Cantaloupe has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include 365 Retail Markets, USA Technologies and Foundation Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Founded Year | Domain | Location | |
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Infrastructure fund focused on energy sector
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Founded Year | Domain | Location | |
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Smart vending solutions are provided for offline retailers and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cantaloupe
Cantaloupe has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 32 Market, Cantaloupe and SB Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An application for self-ordering and payments at restaurants is offered.
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2020 | ||||
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SEO, SMM, content marketing, and web design services are provided.
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2009 | ||||
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Provider of software solutions for vending operators
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cantaloupe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cantaloupe Comparisons
Competitors of Cantaloupe
Cantaloupe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Zettle, ShopKeep, Clip and Tyro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail payment processing.
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| domain | founded_year | HQ Location |
White-label payment gateways are built for global e-commerce transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cantaloupe
Frequently Asked Questions about Cantaloupe
When was Cantaloupe founded?
Cantaloupe was founded in 1992 and raised its 1st funding round 18 years after it was founded.
Where is Cantaloupe located?
Cantaloupe is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.
Is Cantaloupe a funded company?
Cantaloupe is a funded company, having raised a total of $12.4M across 1 funding round to date. The company's 1st funding round was a Series B of $12.4M, raised on Apr 27, 2010.
How many employees does Cantaloupe have?
As of Jun 30, 2025, the latest employee count at Cantaloupe is 358.
What is the annual revenue of Cantaloupe?
Annual revenue of Cantaloupe is $302.55M as on Jun 30, 2025.
What does Cantaloupe do?
Cantaloupe was founded in 1992 and is headquartered in Malvern, United States. Payment processing solutions are offered to merchants and businesses in the fintech sector. Virtual POS terminals, payment gateways, and credit or debit card acceptance are included among the services. Additional features encompass loyalty programs, automated route scheduling, and intelligent inventory management. Operations focus on streamlining transactions and business efficiencies across various industries.
Who are the top competitors of Cantaloupe?
What products or services does Cantaloupe offer?
Cantaloupe offers Card Readers, Self-Service Kiosks, Smart Coolers, Seed Live, and Handhelds.
Is Cantaloupe publicly traded?
Yes, Cantaloupe is publicly traded on NASDAQ under the ticker symbol CTLP.
How many acquisitions has Cantaloupe made?
Cantaloupe has made 5 acquisitions, including 32 Market, Cantaloupe, and SB Software.
Who are Cantaloupe's investors?
Cantaloupe has 4 investors. Key investors include 365 Retail Markets, USA Technologies, Foundation Capital, and Global Environment Fund.
What is Cantaloupe's ticker symbol?
The ticker symbol of Cantaloupe is CTLP on NASDAQ.