About Ondot Systems
Ondot Systems is a company based in Santa Clara (United States) founded in 2011 was acquired by Fiserv in December 2020. Ondot Systems has raised $51.1 million across 4 funding rounds from investors including Fiserv and Citi Ventures. The company has 170 employees as of March 26, 2024.
- Headquarter Santa Clara, United States
- Employees 170 as on 26 Mar, 2024
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ondot Systems India Private Limited
- Date of Incorporation 15 Jun, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$226.21 K (USD)-96.97as on Mar 31, 2023
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Net Profit
-$104.83 K (USD)-114.49as on Mar 31, 2023
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EBITDA
-$130.07 K (USD)-111.63as on Mar 31, 2023
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Total Equity Funding
$51.1 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Fiserv
& 1 more
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Employee Count
170
as on Mar 26, 2024
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Acquired by
Fiserv
(Dec 16, 2020)
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Funding Insights of Ondot Systems
Ondot Systems has successfully raised a total of $51.1M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(20 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series B - Ondot Systems | Valuation |
investors |
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| Sep, 2018 | Amount | Series B - Ondot Systems | Valuation |
investors |
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| Mar, 2016 | Amount | Series A - Ondot Systems | Valuation |
investors |
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Investors in Ondot Systems
Ondot Systems has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Fiserv and Citi Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate venture capital firm backed by Citi
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Founded Year | Domain | Location | |
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Diversified financial solutions for business processing and management are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ondot Systems
Financial Statements - Ondot Systems
Ondot Systems Comparisons
Competitors of Ondot Systems
Latest news on Ondot Systems
Frequently Asked Questions about Ondot Systems
Ondot Systems was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Ondot Systems is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Ondot Systems is a funded company, having raised a total of $51.1M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.98M, raised on May 20, 2014.
As of Mar 26, 2024, the latest employee count at Ondot Systems is 170.
Annual revenue of Ondot Systems is $226.21K as on Mar 31, 2023.
Ondot Systems was founded in 2011 and is headquartered in Santa Clara, United States. Card-linked marketing solutions are provided by the company to banks and financial institutions, encompassing fraud prevention, digital customer engagement, digital and physical wallets, and portfolio performance analysis. White-label wallets are also supplied to businesses for enabling digital payments through credit or debit cards and bank transfers. Operations focus on the fintech sector.
Ondot Systems has 2 investors. Key investors include Fiserv, and Citi Ventures.