About Paytronix
Paytronix is a company based in Beachwood (United States) founded in 2009 by Tim Ridgely was acquired by Paytronix in August 2019. It operates as a SaaS (Software-as-a-Service), and Subscription Services. The company has 184 employees as of December 31, 2020. Paytronix offers products and services including Paytronix CXP, Online Ordering, and Loyalty Programs. Paytronix operates in a competitive market with competitors including SpotOn, Olo, Zenput, Lunchbox and Tillster, among others.
- Headquarter Beachwood, United States
- Employees 184 as on 31 Dec, 2020
- Founders Tim Ridgely
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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 Paytronix Systems, Inc.
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Products & Services of Paytronix
Paytronix offers a comprehensive portfolio of products and services, including Paytronix CXP, Online Ordering, and Loyalty Programs. 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.
A platform integrating ordering, loyalty, and payment solutions.
Customizable ordering system to acquire and retain customers.
Personalized promotions to increase visits and customer spend.
Funding Insights of Paytronix
| 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 Paytronix
Paytronix has secured backing from 1 investor. Prominent investors backing the company include Paytronix. 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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Cloud-based loyalty solutions for restaurants and stores 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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paytronix
| 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 - Paytronix
| 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 |
Paytronix Comparisons
Competitors of Paytronix
Paytronix 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 SpotOn, Olo, Zenput, Lunchbox and Tillster, 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 |
Provider of cloud-based POS software solutions for businesses and service providers
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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 |
Online ordering solutions are provided for restaurants.
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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 |
Restaurant operations are managed via a cloud-based platform.
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paytronix
Frequently Asked Questions about Paytronix
When was Paytronix founded?
Paytronix was founded in 2009.
Where is Paytronix located?
Paytronix is headquartered in Beachwood, United States. It is registered at Beachwood, Ohio, United States.
How many employees does Paytronix have?
As of Dec 31, 2020, the latest employee count at Paytronix is 184.
What does Paytronix do?
Digital guest engagement solutions are offered by Paytronix for restaurants and convenience stores. The platform integrates online ordering, loyalty programs, CRM, AI insights, and payment systems. Services are tailored for multi-unit and small to medium restaurants, focusing on contactless experiences, customer insights, and marketing automation. Mobile experiences and subscription models are supported to enhance guest retention. The technology is designed to solve everyday challenges in the hospitality sector with data-driven personalization.
Who are the top competitors of Paytronix?
Paytronix's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Paytronix offer?
Paytronix offers Paytronix CXP, Online Ordering, and Loyalty Programs.
Who are Paytronix's investors?
Paytronix has 1 investor. Key investors include Paytronix.
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