Open POS

Goteborg, Sweden Founded: 2019 • Age: 7 yrs Acquired By IK Partners
Point-of-sale solutions for restaurants and related businesses are provided.
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About Open POS

Open POS is a company based in Goteborg (Sweden) founded in 2019 was acquired by IK Partners in June 2016. It operates as a SaaS (Software-as-a-Service), and Managed Services. Open POS has completed 1 acquisition, including Finnpos Systems. Open POS offers products and services including OPEN One, OPEN Two, and Mobile POS Solutions. Open POS operates in a competitive market with competitors including Toast, Olo, Zenput, Revel Systems and UrbanPiper, among others.

  • Headquarter Goteborg, Sweden
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Open Pos Group
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
    $93.19 K (USD)
    -30
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    IK Partners

    (Jun 01, 2016)

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Products & Services of Open POS

Open POS offers a comprehensive portfolio of products and services, including OPEN One, OPEN Two, and Mobile POS Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

A scalable POS system for seamless business operations.

An updated POS solution with enhanced user features.

Mobile tools for flexible and convenient business operations.

People of Open POS
Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Kaisa Simanainen
Head Of Sales
People
Marcus Hedin
Teamledare
People
Christian Gyllenwaldt
Group CEO
People
Daniel Johannesson Lindberg
Principal Software Engineer

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Funding Insights of Open POS

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Open POS

Open POS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IK Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward small and medium-sized businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Open POS

Open POS has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Finnpos Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Point of sale software.
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Open POS

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Open Pos Comparisons

Employees
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Competitors of Open POS

Open POS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, Revel Systems and UrbanPiper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Restaurant operations are managed via a cloud-based platform.
domain founded_year HQ Location
Olo is recognized as a restaurant technology platform provider.
domain founded_year HQ Location
Zenput is utilized as an operations execution platform for multi-unit operators.
domain founded_year HQ Location
Cloud-based point-of-sale solutions are offered for restaurants and bars.
domain founded_year HQ Location
Delivery channels management software is provided for restaurants.
domain founded_year HQ Location
SaaS solutions for restaurant online ordering and analytics are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Open Pos

Frequently Asked Questions about Open POS

When was Open POS founded?

Open POS was founded in 2019.

Where is Open POS located?

Open POS is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

What does Open POS do?

Seamless and scalable POS solutions are offered by Open POS across industries such as hospitality, retail, EV charging, and fuel. Operations in the Nordics, including Sweden, Norway, Finland, and Denmark, are supported with over 20 years of experience. Industry-specific tools are designed to integrate payments, inventory, and customer management. Businesses of all sizes, from startups to enterprises, are empowered with reliable and flexible systems. Growth is facilitated through modern payment terminals and digital services tailored to unique needs.

Who are the top competitors of Open POS?

Open POS's top competitors include Toast, UrbanPiper and SpotOn.

What products or services does Open POS offer?

Open POS offers OPEN One, OPEN Two, and Mobile POS Solutions.

How many acquisitions has Open POS made?

Open POS has made 1 acquisition, including Finnpos Systems.

Who are Open POS's investors?

Open POS has 1 investor. Key investors include IK Partners.

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