talech

Palo Alto, United States Founded: 2012 • Age: 14 yrs Acquired By US Bank
POS systems are supplied for retailers and restaurants.

About talech

talech is a Retail company based in Palo Alto (United States) founded in 2012, and was acquired by US Bank in September 2019. POS systems are supplied for retailers and restaurants. It operates in the Retail, Consumer, and Financial Services sectors. talech has raised $6.56 million across 1 funding round from investors including US Bank. Its website talech.com draws about 174 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its legal entity in India is Talech Software Solutions Private Limited (U72900TN2017FTC118406). Its competitors include Toast, Square and Olo; 3 of its 3 listed competitors have raised funding.

Company details

Talech was founded in 2012 in Palo Alto, United States, within the point-of-sale software sector. A POS platform is delivered for restaurants and retailers, incorporating order processing, diverse payment integrations, inventory oversight, loyalty tracking, employee scheduling, and data analytics. Supporting hardware such as iPads, payment terminals, stands, receipt printers, kitchen displays, cash drawers, and weighing scales is also furnished to facilitate daily operations in retail and hospitality environments.

  • Headquarters Palo Alto, United States
  • Stage Acquired
  • Sectors
    Retail
    Consumer Financial Services
  • Website category Food and Drink · Restaurants and Delivery
  • Website talech.com
  • Social LinkedIn X
  • Acquired by US Bank (Sep 2019)
  • Legal Name Talech Software Solutions Private Limited
  • Date of Incorporation 04 Sep, 2017
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Indian entity revenue
    ₹4,280

    FY 2021 · -100% YoY

  • Indian entity net loss
    -₹4.7 Lakh

    FY 2021 · -10943% margin

  • Indian entity EBITDA
    -₹4.4 Lakh

    FY 2021 · -10371% margin

  • Total Equity Funding
    $6.56M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.56M (USD), Series A

    Aug 2014

  • Investors
  • Acquired by
    US Bank

    (Sep 2019)

Funding Insights of talech

talech has successfully raised a total of $6.56M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.56 million completed in August 2014. 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 $6.56M
  • Total Rounds 1
  • Last Round Series A β€” $6.56M
  • First Round $6.56M

    (Aug 2014)

All 1 funding rounds of talech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2014$6.56MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in talech

talech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include US Bank.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial bank
1968usbank.comUnited States
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Investor details for talech

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Board of directors of Talech Software Solutions Private Limited (talech)

Talech Software Solutions Private Limited is the primary company behind talech. The board of Talech Software Solutions Private Limited currently have 2 directors; the longest-serving is Irvin Arlington Henderson, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Irvin Arlington Henderson
DIN 07832296
Director04 Sep 20179 yrs 2 moTalech Software Solutions Private Limited
Meenakshi Shri
DIN 07820288
Director04 Sep 20179 yrs 2 moTalech Software Solutions Private Limited

People of talech

29 people are tracked at talech (1 in leadership, 28 in team).

NameRoleGroup
Jennifer Izzo
Assistant Vice President, OnboardingLeadership
Aly Bailey
Onboarding ManagerTeam
Jess White
Onboarding SpecialistTeam
Faith Panares
Onboarding SpecialistTeam
Frank Olbrich
Onboarding SpecialistTeam
Kyle Embke
Onboarding SpecialistTeam
Andy Bohn
Configuration Specialist - Account CreationTeam
Oscar Chacon
Onboarding SpecialistTeam
Carlos Moreno
Onboarding SpecialistTeam
Nathan Ward
Onboarding SpecialistTeam
Luis Rojas
Onboarding SpecialistTeam
Russell Willis
Onboarding SpecialistTeam
Neal Trevil
Onboarding SpecialistTeam
Courtney Baker
Onboarding ManagerTeam
Maciej Kieliszczyk
EU Onboarding LeadTeam
Tiana Kelly
Onboarding SpecialistTeam
Nikola DeAngelo
Onboarding SpecialistTeam
David Blount
Onboarding SpecialistTeam
Alex Hansen
Onboarding SpecialistTeam
Andy Cutler
Onboarding SpecialistTeam

9 more people are available in the full profile.

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Financials of talech

Figures of Talech Software Solutions Private Limited, the primary company behind talech, for FY 2021. Revenue was ₹4,280 (-100% year on year). Net loss was -₹4.7 Lakh (-10943% margin). EBITDA was -₹4.4 Lakh (-10371% margin). Revenue has grown at a compounded annual rate of -89% over three years.

  • ₹4,280Revenue · FY 2021 · -100% YoY
  • -₹4.7 LakhNet loss · -10943% margin
  • -₹4.4 LakhEBITDA · -10371% margin
  • ₹1 LakhPaid-up capital
  • -89%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Talech Software Solutions Private Limited are on its company page.

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Detailed financial statements for talech

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Timeline of talech

3 dated milestones of talech across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded talech is founded.
  2. Funding First funding round of $6.6M.
  3. Exit Acquired by US Bank.

Competitors of talech

talech has 3 listed competitors in our database, 3 of them funded. They include Toast, Square and Olo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pos.toasttab.com2011Boston, United States$900M5,700
Restaurant operations are managed via a cloud-based platform.
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
olo.com2005New York, United States$73.61M39
Olo is recognized as a restaurant technology platform provider.
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Detailed competitors of talech

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of talech

The website of talech (talech.com) receives about 174K visits a month and ranks #202,561 among all websites worldwide, #6,584 in Restaurants and Delivery.

  • Monthly visits
    174K

    ▼ 4.8% vs previous month

  • Unique visitors
    81K

    per month

  • Global rank
    #202,561

    among all websites

  • Category rank
    #6,584

    Food and Drink · Restaurants and Delivery

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
doordash.com
100%
104.7M#331View details
themajesticva.com
themajesticva.com
97%
#2,721,681–
orderstart.com
orderstart.com
95%
#296,011–
mygiftcardsite.us.com
mygiftcardsite.us.com
94%
#13,531,763–
mrpickles.com
mrpickles.com
94%
#542,282–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for talech

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Top companies in Autonomous & In-Store Retail Tech

3 companies that operate in the same segment as talech (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 Talech

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Complete news archive for talech

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Frequently Asked Questions about talech

talech was founded in 2012 and raised its 1st funding round 2 years after it was founded.

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

talech is a funded company, having raised a total of $6.56M across 1 funding round to date. The company's 1st funding round was a Series A of $6.56M, raised on Aug 2014.

The primary company behind talech, Talech Software Solutions Private Limited, reported revenue of β‚Ή4,280 for FY 2021, down 100% year on year.

Talech was founded in 2012 in Palo Alto, United States, within the point-of-sale software sector. A POS platform is delivered for restaurants and retailers, incorporating order processing, diverse payment integrations, inventory oversight, loyalty tracking, employee scheduling, and data analytics. Supporting hardware such as iPads, payment terminals, stands, receipt printers, kitchen displays, cash drawers, and weighing scales is also furnished to facilitate daily operations in retail and hospitality environments.

talech's top competitors include Toast, Square and Olo.

talech has 1 investor. Key investors include US Bank.

talech operates through Talech Software Solutions Private Limited.

Yes. talech was acquired by US Bank in September 2019.

The legal entities of talech currently have 2 directors, including Irvin Arlington Henderson, Meenakshi Shri.

The website of talech receives about 174 thousand visits a month and ranks #202,561 among all websites worldwide.

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