About Poynt
Poynt is a company based in Palo Alto (United States) founded in 2013 by Osama Bedier was acquired by GoDaddy in December 2020.. Poynt has raised $134.26 million across 5 funding rounds from investors including National Australia Bank, GoDaddy and Elavon. The company has 5 employees as of April 04, 2024. Poynt offers products and services including Poynt Smart Terminals, Developer Program, and Accessories. Poynt operates in a competitive market with competitors including Square, Ezetap, Presto, nanoPay and ITAB, among others.
- Headquarter Palo Alto, United States
- Employees 5 as on 04 Apr, 2024
- Founders Osama Bedier
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Sectors
RetailFinancial Services
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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 Poyntpos Systems Private Limited
- Date of Incorporation 12 Jun, 2018
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$283.29 (USD)-4.64as on Mar 31, 2024
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Net Profit
$-88.75 K (USD)-62.34as on Mar 31, 2024
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EBITDA
$-84.29 K (USD)-65.67as on Mar 31, 2024
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Total Equity Funding
$134.26 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series C
Nov 13, 2018
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Investors
National Australia Bank
& 9 more
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Employee Count
5
as on Apr 04, 2024
- Acquired by
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Products & Services of Poynt
Poynt offers a comprehensive portfolio of products and services, including Poynt Smart Terminals, Developer Program, and Accessories. 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.
Devices for processing payments and managing sales
Platform for building merchant apps and integrations
Tools like printers for enhancing point-of-sale operations
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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 Total Funding
- Total Rounds 5
- Last Round Series C — $100.0M
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First Round
First Round
(13 Dec 2009)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series C - Poynt | Valuation | Elavon , National Australia Bank | |
| Oct, 2015 | Amount | Series B - Poynt | Valuation | Oak HC/FT | |
| Oct, 2014 | Amount | Series A - Poynt | Valuation | Matrix |
| 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 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. 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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Investments are made in early-stage healthtech and fintech startups.
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Founded Year | Domain | Location | |
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Startups are accelerated by Stanford-backed program in Palo Alto.
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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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 Poynt
| 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 - Poynt
| 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 |
Poynt Comparisons
Competitors of Poynt
Poynt 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 Square, Ezetap, Presto, nanoPay and ITAB, 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Cloud-based mPOS software and hardware solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Drive-through automation solutions for restaurants are provided using AI.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled for businesses through APIs.
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| domain | founded_year | HQ Location |
Self-checkout solutions are provided for retail businesses worldwide.
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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 Poynt
Frequently Asked Questions about Poynt
When was Poynt founded?
Poynt was founded in 2013.
Where is Poynt located?
Poynt is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Poynt?
Osama Bedier is the current CEO of Poynt. They have also founded this company.
Is Poynt a funded company?
Poynt is a funded company, having raised a total of $134.26M across 5 funding rounds to date.
How many employees does Poynt have?
As of Apr 04, 2024, the latest employee count at Poynt is 5.
What is the annual revenue of Poynt?
Annual revenue of Poynt is $283.29 as on Mar 31, 2024.
What does Poynt do?
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.
What products or services does Poynt offer?
Poynt offers Poynt Smart Terminals, Developer Program, and Accessories.
Who are Poynt's investors?
Poynt has 10 investors. Key investors include National Australia Bank, GoDaddy, Elavon, Oak HC/FT, and StartX.
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