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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| 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 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. 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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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 |
| 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 Ondot Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
Financial Statements - Ondot Systems
| 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 |
Ondot Systems Comparisons
Competitors of Ondot Systems
| 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.
|
Frequently Asked Questions about Ondot Systems
When was Ondot Systems founded?
Ondot Systems was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Ondot Systems located?
Ondot Systems is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Ondot Systems a funded company?
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.
How many employees does Ondot Systems have?
As of Mar 26, 2024, the latest employee count at Ondot Systems is 170.
What is the annual revenue of Ondot Systems?
Annual revenue of Ondot Systems is $226.21K as on Mar 31, 2023.
What does Ondot Systems do?
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.
Who are Ondot Systems's investors?
Ondot Systems has 2 investors. Key investors include Fiserv, and Citi Ventures.
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