About HAIL
HAIL is a Financial Services company based in Santa Monica (United States) founded in 2014, and was acquired by Reserve in April 2015. Mobile wallet is utilized for dining payments at venues. Its focus areas include FinTech, Payments, Consumer Payments and Vertical Payments. Its competitors include TabbedOut, paerpay and SpeedETab; 3 of its 3 listed competitors have raised funding.
Company details
HAIL was founded in 2014 in Santa Monica, United States, as a fintech company specializing in payment solutions for the dining sector. A mobile wallet is provided to consumers, enabling transactions at dining venues through virtual wallets, debit cards, or credit cards. The checkout process is streamlined to emphasize focus on food and service, with operations centered in the U.S. market.
- Headquarters Santa Monica, United States
- Stage Acquired
- SectorsFinancial Services
- Website hailpay.com
- Social LinkedIn X
- Acquired by Reserve (Apr 2015)
Investors in HAIL
HAIL has secured backing from 1 investor. Prominent investors backing the company include Reserve.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Table reservations and management software are offered to restaurants online. | 2014 | reserve.com | New York, United States |
Investor details for HAIL
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Timeline of HAIL
2 dated milestones of HAIL across 1 years, from founding to its latest funding, stage changes and deals.
- Founded HAIL is founded.
- Exit Acquired by Reserve.
Competitors of HAIL
HAIL has 3 listed competitors in our database, 3 of them funded. They include TabbedOut, paerpay and SpeedETab.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tabbedout.com | 2009 | Austin, United States | $41.1M | 40 | Mobile payments and marketing for hospitality venues are facilitated. | |
| paerpay.com | 2017 | Worcester, United States | $7.19M | App-based platform for dining payments | ||
| speedetab.com | 2013 | Fort Lauderdale, United States | $650,000 | Mobile ordering at restaurants & bars |
Detailed competitors of HAIL
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as HAIL (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Hail
Complete news archive for HAIL
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Frequently Asked Questions about HAIL
HAIL was founded in 2014.
HAIL is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
HAIL was founded in 2014 in Santa Monica, United States, as a fintech company specializing in payment solutions for the dining sector. A mobile wallet is provided to consumers, enabling transactions at dining venues through virtual wallets, debit cards, or credit cards. The checkout process is streamlined to emphasize focus on food and service, with operations centered in the U.S. market.
HAIL has 1 investor. Key investors include Reserve.
Yes. HAIL was acquired by Reserve in April 2015.