CardFree

Mill Valley, United States Founded: 2012 • Age: 14 yrs Acquired By Fiserv
Software suite solutions for restaurant digital management are provided.

About CardFree

CardFree is a Consumer company based in Mill Valley (United States) founded in 2012 by Jon Squire, and was acquired by Fiserv in September 2025. Software suite solutions for restaurant digital management are provided. It operates on a SaaS (Software-as-a-Service) and Managed Services model. CardFree has raised $10 million across 2 funding rounds from investors including Fiserv. The company has 38 employees. Its chief executive, as recorded, is Jon Squire. Its website cardfree.com draws about 34 thousand monthly visits. CardFree offers products and services including Mobile Ordering, Frictionless Payments, and Loyalty Programs. Its focus areas include Technology, Software, Restaurant Technology and Hospitality. Its competitors include Toast, SpotOn and Tillster; 3 of its 3 listed competitors have raised funding.

Company details

CardFree is engaged in delivering mobile ordering, payment, and loyalty solutions tailored for the hospitality sector. Services are provided to quick service restaurants, full service restaurants, hotels, and other hospitality businesses. Solutions are designed to integrate with existing systems, covering on-premise, off-premise, and drive-thru operations. The platform is built to enhance operational efficiency and customer experience through frictionless payments and custom loyalty programs. CardFrees technology is deployed across thousands of locations, supporting enterprise-level transactions and offering scalability for growth in the restaurant and hospitality ecosystem.

  • Headquarters Mill Valley, United States
  • Employees 38
  • Founders Jon Squire
  • Stage Acquired
  • Sectors
    Consumer
  • Website category Food and Drink · Restaurants and Delivery
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website cardfree.com
  • Social LinkedIn X YouTube
  • Acquired by Fiserv (Sep 2025)
Operational Areas
Key Metrics
  • Total Equity Funding
    $10M (USD)

    in 2 rounds

  • Latest Funding Round
    $4M (USD), Debt – Conventional

    Apr 2015

  • Investors
  • Employee Count
    38
  • Acquired by
    Fiserv

    (Sep 2025)

Products & Services of CardFree

CardFree offers a comprehensive portfolio of products and services, including Mobile Ordering, Frictionless Payments, and Loyalty Programs.

Mobile Ordering
Digital Solutions

Mobile ordering is provided for restaurants and hospitality.

Frictionless Payments
Payment Solutions

Frictionless payments are enabled through various innovative methods.

Loyalty Programs
Customer Engagement

Custom loyalty programs are offered to enhance engagement.

Funding Insights of CardFree

CardFree has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 million completed in April 2015. 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 $10M
  • Total Rounds 2
  • Last Round Debt – Conventional β€” $4M
  • First Round $10M

    (Nov 2012)

All 2 funding rounds of CardFree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2015$4MDebt – Conventional––
–
Nov 2012$10MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in CardFree

CardFree has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fiserv.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified financial solutions for business processing and management are provided.
1984fiserv.comUnited States
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Investor details for CardFree

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People of CardFree

11 people are tracked at CardFree (6 in leadership, 5 in team); the tracked headcount is 38.

NameRoleGroup
Jon Squire
Founder & CEOLeadership
Darrell Burton
Head of IT SecurityLeadership
Sen Wen
CTOLeadership
Scott Anderson
Head of DevOpsLeadership
Chuck Davidson
Founding Member, Head of Customer ExperienceLeadership
Paul Curran
Head of Professional ServicesLeadership
Sam Griffin
SVP, EngineeringTeam
Kevin Schwall
Lead Android EngineerTeam
Alan Paul
CROTeam
Allan Cheng
Android/iOS DeveloperTeam
Ashwin Joshi
DevOps EngineerTeam
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Timeline of CardFree

4 dated milestones of CardFree across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded CardFree is founded.
  2. Funding First funding round of $10.0M.
  3. Funding Latest funding round, Debt – Conventional, of $4.0M.
  4. Exit Acquired by Fiserv.

Competitors of CardFree

CardFree has 3 listed competitors in our database, 3 of them funded. They include Toast, SpotOn and Tillster.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pos.toasttab.com2011Boston, United States$900M5,700
Restaurant operations are managed via a cloud-based platform.
spoton.com1999San Francisco, United States$900M1,355
Provider of cloud-based POS software solutions for businesses and service providers
tillster.com2006San Diego, United States$154.82M
SaaS solutions for restaurant online ordering and analytics are offered.
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Detailed competitors of CardFree

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Web traffic of CardFree

The website of CardFree (cardfree.com) receives about 33.9K visits a month and ranks #824,137 among all websites worldwide, #6,597 in Restaurants and Delivery.

  • Monthly visits
    33.9K

    ▼ 12.1% vs previous month

  • Unique visitors
    23.2K

    per month

  • Global rank
    #824,137

    among all websites

  • Category rank
    #6,597

    Food and Drink · Restaurants and Delivery

Similar websites

Websites whose visitors overlap most with CardFree. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jcws.com
jcws.com
100%
#1,574,683–
montysgoodburger.com
montysgoodburger.com
98%
#2,883,454–
burgerlounge.com
95%
27.3K#844,769View details
nanxiangexpress.com
nanxiangexpress.com
92%
#1,104,161–
bgrtheburgerjoint.com
91%
13.2K#1,450,100View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 18 similar websites and full traffic analytics for CardFree

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  • 18 similar websites
  • Audience overlap
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Top companies in Food & Beverage Platforms

3 companies that operate in the same segment as CardFree (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 900 MUSD 6.15 B8,021
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Related news about Cardfree

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Frequently Asked Questions about CardFree

CardFree was founded in 2012.

CardFree is headquartered in Mill Valley, United States. It is registered at Mill Valley, California, United States.

Jon Squire is the CEO of CardFree, as recorded in our data. They have also founded this company.

CardFree is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Nov 2012.

CardFree has 38 employees.

CardFree is engaged in delivering mobile ordering, payment, and loyalty solutions tailored for the hospitality sector. Services are provided to quick service restaurants, full service restaurants, hotels, and other hospitality businesses. Solutions are designed to integrate with existing systems, covering on-premise, off-premise, and drive-thru operations. The platform is built to enhance operational efficiency and customer experience through frictionless payments and custom loyalty programs. CardFrees technology is deployed across thousands of locations, supporting enterprise-level transactions and offering scalability for growth in the restaurant and hospitality ecosystem.

CardFree's top competitors include Toast, SpotOn and Tillster.

CardFree offers Mobile Ordering, Frictionless Payments, and Loyalty Programs.

CardFree has 1 investor. Key investors include Fiserv.

Yes. CardFree was acquired by Fiserv in September 2025.

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