Poynt

Palo Alto, United States Founded: 2013 • Age: 13 yrs Acquired By GoDaddy
POS software and hardware solutions are provided for offline retailers.

About Poynt

Poynt is a Retail company based in Palo Alto (United States) founded in 2013 by Osama Bedier, and was acquired by GoDaddy in December 2020. POS software and hardware solutions are provided for offline retailers. It operates in the Retail and Financial Services sectors. Poynt has raised $134.26 million across 5 funding rounds from investors including National Australia Bank, GoDaddy and Elavon. The company has 5 employees. Its chief executive, as recorded, is Osama Bedier. Its website poynt.com draws about 26 thousand monthly visits. Poynt offers products and services including Poynt Smart Terminals, Developer Program, and Accessories. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity in India is Poyntpos Systems Private Limited (U74995KA2018PTC113883). Its competitors include Square and Presto; 2 of its 2 listed competitors have raised funding.

Company details

Poynt offers POS software and hardware solutions for offline retailers. The company offers payment terminal that combines an Android-based tablet with a hardware docking station and includes support for payment technologies, including traditional magnetic stripe cards, EMV, NFC, Bluetooth, QR codes and beacon technology. It offers multiple products such as Poynt Smart Terminal Poynt 5 for payment checkouts, Poynt HQ for business management, etc. Also offers apps such as eThor for connecting Poynt to POS, Homebase for employee time management, Apptizer for integrating customer order, etc.

  • Headquarters Palo Alto, United States
  • Employees 5
  • Founders Osama Bedier
  • Stage Acquired
  • Sectors
    Retail
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website poynt.com
  • Social LinkedIn X Facebook
  • Acquired by GoDaddy (Dec 2020)
  • Legal Name Poyntpos Systems Private Limited
  • Date of Incorporation 12 Jun, 2018
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹24,250

    FY 2024 · -5% YoY

  • Indian entity net loss
    -₹76 Lakh

    FY 2024 · -31328% margin

  • Indian entity EBITDA
    -₹75.9 Lakh

    FY 2024 · -31301% margin

  • Total Equity Funding
    $134.26M (USD)

    in 5 rounds

  • Latest Funding Round
    $100M (USD), Series C

    Nov 2018

  • Investors
  • Employee Count
    5
  • Acquired by
    GoDaddy

    & 1 more

    (Dec 2020)

Products & Services of Poynt

Poynt offers a comprehensive portfolio of products and services, including Poynt Smart Terminals, Developer Program, and Accessories.

Poynt Smart Terminals
Hardware

Devices for processing payments and managing sales

Developer Program
Software

Platform for building merchant apps and integrations

Accessories
Peripherals

Tools like printers for enhancing point-of-sale operations

Funding Insights of Poynt

Poynt has successfully raised a total of $134.26M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in November 2018. 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 $134.26M
  • Total Rounds 5
  • Last Round Series C β€” $100M
  • First Round $550,000

    (Dec 2009)

  • Investors Count 8

All 5 funding rounds of Poynt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018$100MSeries C–Elavon, National Australia Bank
Oct 2015$28MSeries B–Oak HC/FT
Oct 2014Series A–Matrix
Apr 2011$5.71MSeries A––
–
Dec 2009$550,000Seed––
–
Valuation history

10 investors in total: 10 institutional.

Investors in Poynt

Poynt has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include National Australia Bank, GoDaddy and Elavon.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage healthtech and fintech startups.
oakhcft.comStamford, United States
Startups are accelerated by Stanford-backed program in Palo Alto.
startx.comPalo Alto, United States
Early-stage ventures are funded by the investment firm.
matrix.vcSan Francisco, United States
VC firm investing in the US
winfunding.comSan Francisco, United States
Tech focused early stage VC firm investing in the US
nyca.comNew York, United States
Corporate backed venture capital fund investing in multiple sectors
gv.comMountain View, United States
Merchant service provider
1991elavon.comAtlanta, United States
Banking and financial services are provided to consumers and businesses.
1981nab.com.auMelbourne, Australia
Web hosting, domain registration, and IT support services are provided.
1997godaddy.comTempe, United States
sprylogics.com
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Investor details for Poynt

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Poyntpos Systems Private Limited (Poynt)

Poyntpos Systems Private Limited is the primary company behind Poynt. The board of Poyntpos Systems Private Limited currently have 3 directors; the longest-serving is Nicholas Anthony Daddario, appointed in 2022. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nicholas Anthony Daddario
DIN 09156451
Director25 Mar 20224 yrs 7 moPoyntpos Systems Private Limited
Sarfraz Singh Nakai
DIN 10059836
Director29 Mar 20233 yrs 7 moPoyntpos Systems Private Limited
Pavitra Vyas
DIN 10611500
IRP/RP/Liquidator20 Sep 20242 yrs 1 moPoyntpos Systems Private Limited

People of Poynt

13 people are tracked at Poynt (4 in leadership, 2 in board & advisors, 7 in team); the tracked headcount is 5.

NameRoleGroup
Osama Bedier
Founder & CEOLeadership
Jauzey Imam
Director of EngineeringLeadership
Peter Zhu
Director of NPI, Mfg and Repair ServicesLeadership
Pranay Agrawal
Senior Director Of Product ManagementLeadership
Anne Lamont
Board DirectorBoard & advisors
Dana Stalder
Board DirectorBoard & advisors
Kenny Kim
Product ManagerTeam
Nathan D. Ash
Payments Channel ManagerTeam
Angora LaShane Ingram
RMA/ Distribution Relationship ManagerTeam
Kathryn S.
Accounting ManagerTeam
Khalid A Zaheer
Lead/ Sr software EngineerTeam
Nagaraj Magadum
Engineer @ PoyntTeam
Kim Nguyen
Back End Software EngineerTeam
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Complete people profiles for Poynt

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Verified entity values are shown only after access is granted.

Financials of Poynt

Figures of Poyntpos Systems Private Limited, the primary company behind Poynt, for FY 2024. Revenue was ₹24,250 (-5% year on year). Net loss was -₹76 Lakh (-31328% margin). EBITDA was -₹75.9 Lakh (-31301% margin). Revenue has grown at a compounded annual rate of -92% over three years and -79% over five years.

  • ₹24,250Revenue · FY 2024 · -5% YoY
  • -₹76 LakhNet loss · -31328% margin
  • -₹75.9 LakhEBITDA · -31301% margin
  • ₹21.4 LakhPaid-up capital
  • 5Employees (provident fund records)
  • -92%Revenue CAGR, 3 years
  • -79%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Poyntpos Systems Private Limited are on its company page.

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Detailed financial statements for Poynt

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Poynt

5 dated milestones of Poynt across 11 years, from founding to its latest funding, stage changes and deals.

  1. Funding First funding round of $550K.
  2. Founded Poynt is founded.
  3. Exit Acquired by Sprylogics.
  4. Funding Latest funding round, Series C, of $100.0M.
  5. Exit Acquired by GoDaddy.

Competitors of Poynt

Poynt has 2 listed competitors in our database, 2 of them funded. They include Square and Presto.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
presto.com2008San Carlos, United States$82.62M137
Drive-through automation solutions for restaurants are provided using AI.
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Detailed competitors of Poynt

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Verified entity values are shown only after access is granted.

Web traffic of Poynt

The website of Poynt (poynt.com) receives about 25.8K visits a month and ranks #1,157,765 among all websites worldwide, #11,170 in Financial Planning and Management.

  • Monthly visits
    25.8K

    ▼ 12% vs previous month

  • Unique visitors
    8.3K

    per month

  • Global rank
    #1,157,765

    among all websites

  • Category rank
    #11,170

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with Poynt. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
elavon.co.uk
elavon.co.uk
100%
#858,276–
elavon.com
84%
1.7M#25,351View details
paystone.com
76%
24.9K#1,148,982View details
where.com
33%
1.2K#14,317,802View details
walkscore.com
28%
499.1K#103,828View details

Top companies in Autonomous & In-Store Retail Tech

3 companies that operate in the same segment as Poynt (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Point-of-sale financing is facilitated via an online platform for retailers.
2016Los Angeles, California, United StatesUSD 158.63 M576
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M2,684
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Related news about Poynt

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Frequently Asked Questions about Poynt

Poynt was founded in 2013.

Poynt is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Osama Bedier is the CEO of Poynt, as recorded in our data. They have also founded this company.

Poynt is a funded company, having raised a total of $134.26M across 5 funding rounds to date. The company's 1st funding round was a Seed of $550K, raised on Dec 2009.

Poynt has 5 employees.

The primary company behind Poynt, Poyntpos Systems Private Limited, reported revenue of β‚Ή24,250 for FY 2024, down 5% year on year.

Poynt offers POS software and hardware solutions for offline retailers. The company offers payment terminal that combines an Android-based tablet with a hardware docking station and includes support for payment technologies, including traditional magnetic stripe cards, EMV, NFC, Bluetooth, QR codes and beacon technology. It offers multiple products such as Poynt Smart Terminal Poynt 5 for payment checkouts, Poynt HQ for business management, etc. Also offers apps such as eThor for connecting Poynt to POS, Homebase for employee time management, Apptizer for integrating customer order, etc.

Poynt's top competitors include Square and Presto.

Poynt offers Poynt Smart Terminals, Developer Program, and Accessories.

Poynt has 10 investors. Key investors include National Australia Bank, GoDaddy, Elavon, Oak HC/FT, and StartX.

Poynt operates through Poyntpos Systems Private Limited.

Yes. Poynt was acquired by GoDaddy in December 2020.

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