About PAR Engagement
PAR Engagement is a company based in Sunnyvale (United States) founded in 2010 was acquired by PAR Technology Corp in April 2021. It operates as a SaaS (Software-as-a-Service), and Managed Services. PAR Engagement has raised $73.14 million across 5 funding rounds from investors including AllianceBernstein, PAR Technology Corp and VKRM. PAR Engagement offers products and services including PAR Engagement Loyalty, PAR Engagement Marketing & Offers, PAR Engagement Ordering, PAR Engagement Guest Data, and PAR Engagement Digital Experience. PAR Engagement operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Zenput, among others.
- Headquarter Sunnyvale, United States
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Sectors
ConsumerTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Punchh, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73.14 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series C
Nov 14, 2019
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Investors
AllianceBernstein
& 7 more
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Employee Count
Employee Count
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Acquired by
PAR Technology Corp
(Apr 08, 2021)
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Products & Services of PAR Engagement
PAR Engagement offers a comprehensive portfolio of products and services, including PAR Engagement Loyalty, PAR Engagement Marketing & Offers, PAR Engagement Ordering, PAR Engagement Guest Data, and PAR Engagement Digital Experience. 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.
Loyalty programs are designed to enhance customer retention.
Marketing campaigns are crafted to drive customer engagement.
Ordering systems are built for seamless customer experiences.
Guest data is analyzed for actionable business insights.
Digital experiences are tailored for consistent brand interaction.
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Funding Insights of PAR Engagement
PAR Engagement has successfully raised a total of $73.14M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in November 2019. 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 5
- Last Round Series C — $40.0M
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First Round
First Round
(01 Jun 2012)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series C - PAR Engagement | Valuation | Adams Street Partners , Sapphire Ventures | |
| Apr, 2018 | Amount | Series B - PAR Engagement | Valuation | Sapphire Ventures | |
| Jun, 2015 | Amount | Series A - PAR Engagement | Valuation | Cervin |
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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 PAR Engagement
PAR Engagement has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include AllianceBernstein, PAR Technology Corp and VKRM. 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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Private markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Private debt fund focused on multiple sectors
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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 PAR Engagement
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - PAR Engagement
| 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 |
Par Engagement Comparisons
Competitors of PAR Engagement
PAR Engagement 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, SpotOn, Tillster, Olo and Zenput, 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.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| 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.
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Latest news on Par Engagement
Frequently Asked Questions about PAR Engagement
When was PAR Engagement founded?
PAR Engagement was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is PAR Engagement located?
PAR Engagement is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is PAR Engagement a funded company?
PAR Engagement is a funded company, having raised a total of $73.14M across 5 funding rounds to date. The company's 1st funding round was a Series A of $9.5M, raised on Jun 01, 2012.
What does PAR Engagement do?
PAR Engagement is dedicated to providing innovative solutions for restaurant guest engagement. A unified suite is offered, integrating marketing, ordering, loyalty, and data management to drive revenue and growth. Services are tailored for the hospitality sector, particularly for quick-service and fast-casual restaurants. Advanced tools like gamification and AI-driven recommendations are utilized to enhance customer interactions. The ecosystem is designed to break down silos, simplify complexity, and deliver measurable outcomes for over 275 global brands. Scalability and flexibility are ensured through open APIs and comprehensive support services.
Who are the top competitors of PAR Engagement?
PAR Engagement's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does PAR Engagement offer?
PAR Engagement offers PAR Engagement Loyalty, PAR Engagement Marketing & Offers, PAR Engagement Ordering, PAR Engagement Guest Data, and PAR Engagement Digital Experience.
Who are PAR Engagement's investors?
PAR Engagement has 8 investors. Key investors include AllianceBernstein, PAR Technology Corp, VKRM, Adams Street Partners, and Sapphire Ventures.
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