About PAR Technology
PAR Technology is a company based in Zug (Switzerland) founded in 2015 by Marlon Koch was acquired by PAR Technology Corp in August 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. PAR Technology offers products and services including PAR Ordering, PAR POS™ Enterprise, and Punchh Loyalty. PAR Technology operates in a competitive market with competitors including Cardpio Space and VISYT, among others.
- Headquarter Zug, Switzerland
- Founders Marlon Koch
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Sectors
Consumer
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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 Par Tech
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
PAR Technology Corp
(Aug 09, 2022)
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Products & Services of PAR Technology
PAR Technology offers a comprehensive portfolio of products and services, including PAR Ordering, PAR POS™ Enterprise, and Punchh Loyalty. 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.
Digital ordering platform is provided for restaurant operations.
Enterprise POS system is offered for large restaurants.
Loyalty program solution is delivered for customer retention.
Funding Insights of PAR Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Technology
PAR Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PAR Technology Corp. 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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Omnichannel restaurant software solutions, including POS and payments, 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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Venture capital is directed toward companies in multiple sectors.
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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 Technology
| 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 Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Technology Comparisons
Competitors of PAR Technology
PAR Technology 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 Cardpio Space and VISYT, 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 |
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| domain | founded_year | HQ Location |
Offers digital QR code menus for restaurants to update and manage efficiently.
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| domain | founded_year | HQ Location |
Digital platform for restaurant menus with photos, videos, translations, and online reservations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Par Technology
Frequently Asked Questions about PAR Technology
When was PAR Technology founded?
PAR Technology was founded in 2015.
Where is PAR Technology located?
PAR Technology is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
What does PAR Technology do?
PAR Technology is engaged in delivering innovative technology solutions for the restaurant and hospitality sectors. Comprehensive digital ordering platforms, point-of-sale systems, and loyalty programs are developed to streamline operations. Services are extended to quick service, fast casual, cinemas, casinos, theme parks, and convenience stores. Scalable and integrated solutions are offered to enhance guest experiences and operational efficiency across multiple channels.
Who are the top competitors of PAR Technology?
PAR Technology's top competitors include Cardpio Space and VISYT.
What products or services does PAR Technology offer?
PAR Technology offers PAR Ordering, PAR POS™ Enterprise, and Punchh Loyalty.
Who are PAR Technology's investors?
PAR Technology has 1 investor. Key investors include PAR Technology Corp.
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