About Moltin
Moltin is a Retail company based in Boston (United States) founded in 2013, and was acquired by Elastic Path Software in January 2020. Cloud-based online store creation and self-checkout solutions. Moltin has raised $13.37 million across 7 funding rounds from investors including FundersClub, Elastic Path Software and IP Group. Its focus areas include In Store Retail Tech, Customer Experience Management, Virtual Stores and Autonomous Retail. Its competitors include Grabango, Obsess and Marxent; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2013 and headquartered in Boston, United States, Moltin operates in the eCommerce sector. Cloud-based APIs are provided to developers for constructing online stores and mobile applications, encompassing features such as inventory management, shopping carts, checkout processes, and payment integrations. App-based self-checkout options are also supplied to support offline retail environments.
- Headquarters Boston, United States
- Stage Acquired
- SectorsRetail
- Website moltin.com
- Social LinkedIn X
- Acquired by Elastic Path Software (Jan 2020)
- Total Equity Funding$13.37M (USD)
in 7 rounds
- Latest Funding Round$8M (USD), Series A
Feb 2018
- InvestorsFundersClub
& 9 more
- Acquired byElastic Path Software
(Jan 2020)
Funding Insights of Moltin
Moltin has successfully raised a total of $13.37M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in February 2018. 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 $13.37M
- Total Rounds 7
- Last Round Series A — $8M
- First Round $120,000
(Mar 2015)
- Investors Count 9
All 7 funding rounds of Moltin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | $8M | Series A | – | Underscore VC | |
| Mar 2017 | $157,000 | Seed | – | – | |
| Feb 2017 | $1.09M | Seed | – | – | – |
| Aug 2016 | $2M | Seed | – | – | – |
| Jan 2016 | $2M | Seed | – | Frontline Ventures | |
| Sep 2015 | Angel Round | – | – | ||
| Mar 2015 | $120,000 | Seed | – | Y Combinator | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Moltin
Moltin has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FundersClub, Elastic Path Software and IP Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed & early stage tech-focused venture capital firm investing in geographies such as the US | underscore.vc | Boston, United States | ||
Venture capital firm focused on B2B companies | frontline.vc | Dublin, Ireland | ||
Venture capital and advisory services are offered across multiple sectors. | 2001 | ipgroupplc.com | London, United Kingdom | |
Early-stage investments are made in product-focused companies by Connect Ventures. | connectventures.co | London, United Kingdom | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
| wcap.tim.it | ||||
Strategy consulting services are provided by Connect Ventures. | connect-ventures.com | Bengaluru, India | ||
Fundraising platform connects startups with investors for capital and support. | 2012 | fundersclub.com | San Francisco, United States | |
GD Gil Dibner | unknown_4d50e149b4164113b | |||
API-based enterprise commerce and content management platform is delivered. | 2000 | elasticpath.com | Vancouver, Canada |
Investor details for Moltin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Moltin
36 people are tracked at Moltin (10 in leadership, 26 in team).
| Name | Role | Group |
|---|---|---|
Mike Satterfield | Director | Leadership |
Brian Steinbach | Chief Architect | Leadership |
Anthony McAffee | Senior Technical Director | Leadership |
Harry Chemko | Co-Founder & Chief Strategy Officer | Leadership |
Alan Schroder | Director Cloudops, Performance & Security | Leadership |
Mukesh Judge | VP, Cloud Operations, Support & Compliance | Leadership |
Jean Hajjar | Sr Director Sales Operations | Leadership |
Brianne Cordima | Head Of Marketing | Leadership |
Geoff Denning | VP Of Engineering | Leadership |
Ivan Jensen | Director Of Development | Leadership |
Kristen S. | Graphic Designer | Team |
Glen Smith | Senior Product Support Engineer | Team |
Hua Qiao | Staff Software Engineer | Team |
James Carter | Staff Software Engineer | Team |
Marian Louie | Payroll Advisor | Team |
Krsna Chandra Musterer | Product Support Engineer | Team |
Vishrut T. | Staff Software Engineer | Team |
Ian W. | Cloud Engineer | Team |
Matthew W. | Full Stack Software Engineer | Team |
Aileen Guan | Manager, Performance Engineering And Consulting | Team |
16 more people are available in the full profile.
Complete people profiles for Moltin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Moltin
4 dated milestones of Moltin across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Moltin is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series A, of $8.0M.
- Exit Acquired by Elastic Path Software.
Competitors of Moltin
Moltin has 3 listed competitors in our database, 3 of them funded. They include Grabango, Obsess and Marxent.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grabango.com | 2016 | Sacramento, United States | $79.32M | 104 | App-based automated checkout solutions are provided for offline retailers. | |
| obsessar.com | 2017 | New York, United States | $13.43M | Provider of virtual store solutions for retail brands | ||
| marxentlabs.com | 2011 | South Brunswick Township, United States | $37.87M | 121 | Cloud-based virtual trial solutions are offered for home improvement visualization. |
Detailed competitors of Moltin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Moltin (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Frequently Asked Questions about Moltin
Moltin was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Moltin is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Moltin is a funded company, having raised a total of $13.37M across 7 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 2015.
Founded in 2013 and headquartered in Boston, United States, Moltin operates in the eCommerce sector. Cloud-based APIs are provided to developers for constructing online stores and mobile applications, encompassing features such as inventory management, shopping carts, checkout processes, and payment integrations. App-based self-checkout options are also supplied to support offline retail environments.
Moltin has 10 investors. Key investors include FundersClub, Elastic Path Software, IP Group, Underscore VC, and Connect Ventures.
Yes. Moltin was acquired by Elastic Path Software in January 2020.