About Paytronix
Paytronix is a Consumer company based in Newton (United States) founded in 2001, and was acquired by The Access Group in November 2024. Cloud-based loyalty solutions for restaurants and stores are provided. It operates in the Consumer and Technology sectors. Paytronix has raised $75 million across 3 funding rounds from investors including The Access Group, SVB and Great Hill Partners. The company has 234 employees. Paytronix has completed 2 acquisitions, including OpenDining and Paytronix. Its website paytronix.com draws about 46 thousand monthly visits. Paytronix offers products and services including Online Ordering, Loyalty Programs, CRM, and Payments. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its legal entity is Paytronix Systems, Inc. Its competitors include Toast, Olo and Zenput; 3 of its 3 listed competitors have raised funding.
Company details
Paytronix was founded in 2001 and is headquartered in Newton, United States. Operations focus on the restaurant and convenience store sector, where cloud-based customer experience management solutions are delivered. Mobile applications are integrated with point-of-sale systems to monitor guest behavior and display account details on cashier screens and receipts. Artificial intelligence and machine learning are utilized to analyze data and generate actionable insights, facilitating targeted offer distribution.
- Headquarters Newton, United States
- Employees 234
- Stage Acquired
- SectorsConsumerTechnology
- Website category Food and Drink · Restaurants and Delivery
- Website paytronix.com
- Social LinkedIn X Facebook Instagram
- Acquired by The Access Group (Nov 2024)
- Legal Name Paytronix Systems, Inc.
- Total Equity Funding$75M (USD)
in 3 rounds
- Latest Funding Round$10M (USD), Private Equity Round
Apr 2020
- InvestorsThe Access Group
& 3 more
- Employee Count234
- Investments & AcquisitionsOpenDining
& 1 more
- Acquired byThe Access Group
(Nov 2024)
Products & Services of Paytronix
Paytronix offers a comprehensive portfolio of products and services, including Online Ordering, Loyalty Programs, CRM, and Payments.
Enables digital food ordering for restaurants and stores
Manages personalized promotions to boost repeat visits
Automates omnichannel campaigns for targeted guest engagement
Facilitates fast and secure guest payment processing
Funding Insights of Paytronix
Paytronix has successfully raised a total of $75M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $10 million completed in April 2020. 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 $75M
- Total Rounds 3
- Last Round Private Equity Round — $10M
- First Round $65M
(Jan 2018)
- Investors Count 3
All 3 funding rounds of Paytronix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | Debt – Conventional | – | – | ||
| Apr 2020 | $10M | Private Equity Round | – | Great Hill Partners | |
| Jan 2018 | $65M | Private Equity Round | – | Great Hill Partners | – |
4 investors in total: 3 institutional and 1 angel.
Investors in Paytronix
Paytronix has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include The Access Group, SVB and Great Hill Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business acquisitions are targeted by the private equity firm. | greathillpartners.com | Boston, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
TR Tim Ridgley | unknown_aa0336aeb2a844aca | |||
Cloud-based ERP software is offered for multiple industries. | 1991 | theaccessgroup.com | Loughborough, United Kingdom |
Investor details for Paytronix
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People of Paytronix
133 people are tracked at Paytronix (22 in leadership, 111 in team); the tracked headcount is 234.
| Name | Role | Group |
|---|---|---|
Chuck Magee | Director of Sales | Leadership |
James Loper | Director Of Demand Generation | Leadership |
Ernst Jan Van de Vegte | Director Software Development | Leadership |
Matthew Ford | Director, Customer Support | Leadership |
Todd Wallin | Director Of Sales - East | Leadership |
Tim Ridgley | VP | Leadership |
Charles Gray | Vice President Of Product Management | Leadership |
Digger McElligott | Vice President of Sales | Leadership |
Robin Schweitzer | Sr Director Sales Enablement & Strategy | Leadership |
Kalani Stephens | Director, Strategic Partnerships | Leadership |
Bailey (Wasserman) D'Agostino | Director of SMB Sales & Strategy | Leadership |
Dan Murphy | Vice President Strategic Partnerships | Leadership |
Mark Donnellan | Vice President of Onboarding & Implementation Services | Leadership |
Spence Wike | Head Of Convenience Retail And Emerging Markets | Leadership |
Adriana Z. | Vp, Customer Success & Support | Leadership |
Tally Rull | Managing Director EMEA | Leadership |
Jeff Hindman | CEO | Leadership |
Lee Barnes | Chief Of Staff | Leadership |
Pamela Robertson | Chief Marketing Officer | Leadership |
Jeff Hoover | Director of Strategy & Data Insights | Leadership |
113 more people are available in the full profile.
Complete people profiles for Paytronix
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Investments & Acquisitions by Paytronix
Paytronix has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OpenDining and Paytronix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online ordering solutions for restaurant businesses are provided. | opendining.net | Beachwood, United States | 2009 | Aug 2019 | •••• | |
Provider of online ordering solutions for restaurants | opendining.com | Newton, United States | 2009 | Aug 2019 | •••• |
Complete acquisition details for Paytronix
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Timeline of Paytronix
6 dated milestones of Paytronix across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Paytronix is founded.
- Funding First funding round of $65.0M.
- Acquisition Acquires OpenDining.
- Acquisition Acquires Paytronix.
- Funding Latest funding round, Private Equity Round, of $10.0M.
- Exit Acquired by The Access Group.
Competitors of Paytronix
Paytronix has 3 listed competitors in our database, 3 of them funded. They include Toast, Olo and Zenput.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pos.toasttab.com | 2011 | Boston, United States | $900M | 5,700 | Restaurant operations are managed via a cloud-based platform. | |
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. | |
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. |
Detailed competitors of Paytronix
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Web traffic of Paytronix
The website of Paytronix (paytronix.com) receives about 45.7K visits a month and ranks #743,685 among all websites worldwide, #5,891 in Restaurants and Delivery.
- Monthly visits45.7K
▼ 11.6% vs previous month
- Unique visitors20.1K
per month
- Global rank#743,685
among all websites
- Category rank#5,891
Food and Drink · Restaurants and Delivery
- Bounce rate60%
- Pages per visit1.5
- Average visit1 min 34 sec
- DevicesDesktop 50% · Mobile 50%
Websites whose visitors overlap most with Paytronix. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| valutec.net | 100% | 17.2K | #1,700,737 | View details | |
| opticard.com | 100% | #8,414,343 | View details | ||
qsrmagazine.com | qsrmagazine.com | 94% | #177,241 | – | |
pxsweb.com | pxsweb.com | 94% | #104,238 | – | |
nyfta.org | nyfta.org | 81% | #2,799,034 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Paytronix
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- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Paytronix (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Paytronix
Complete news archive for Paytronix
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Frequently Asked Questions about Paytronix
Paytronix was founded in 2001 and raised its 1st funding round 17 years after it was founded.
Paytronix is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.
Paytronix is a funded company, having raised a total of $75M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $65M, raised on Jan 2018.
Paytronix has 234 employees.
Paytronix was founded in 2001 and is headquartered in Newton, United States. Operations focus on the restaurant and convenience store sector, where cloud-based customer experience management solutions are delivered. Mobile applications are integrated with point-of-sale systems to monitor guest behavior and display account details on cashier screens and receipts. Artificial intelligence and machine learning are utilized to analyze data and generate actionable insights, facilitating targeted offer distribution.
Paytronix offers Online Ordering, Loyalty Programs, CRM, and Payments.
Paytronix has made 2 acquisitions, including OpenDining, and Paytronix.
Paytronix has 4 investors. Key investors include The Access Group, SVB, Great Hill Partners, and Tim Ridgley.
Paytronix operates through Paytronix Systems, Inc..
Yes. Paytronix was acquired by The Access Group in November 2024.