About talech
talech is a company based in Palo Alto (United States) founded in 2012 was acquired by US Bank in September 2019.. talech has raised $6.56 million across 1 funding round from investors including US Bank. talech operates in a competitive market with competitors including Toast, Square, Olo, Zenput and ShopKeep, among others.
- Headquarter Palo Alto, United States
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Sectors
RetailConsumer Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Talech Software Solutions Private Limited
- Date of Incorporation 04 Sep, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$57.55 (USD)-99.79as on Mar 31, 2021
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Net Profit
$-6.3 K (USD)-288.89as on Mar 31, 2021
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EBITDA
$-5.87 K (USD)-596.48as on Mar 31, 2021
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Total Equity Funding
$6.56 M (USD)
in 1 rounds
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Latest Funding Round
$6.56 M (USD), Series A
Aug 27, 2014
- Investors
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Employee Count
Employee Count
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Acquired by
US Bank
(Sep 09, 2019)
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Onboarding Team
26 people
Configuration Team
1 people
EU Team
1 people
Leadership Team
1 people
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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 Total Funding
- Total Rounds 1
- Last Round Series A — $6.6M
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First Round
First Round
(27 Aug 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series A - talech | Valuation |
investors |
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| 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 talech
talech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include US Bank. 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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Commercial bank
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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 talech
| 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 - talech
| 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 |
Talech Comparisons
Competitors of talech
talech 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 Toast, Square, Olo, Zenput and ShopKeep, 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 |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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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 |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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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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Frequently Asked Questions about talech
When was talech founded?
talech was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is talech located?
talech is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is talech a funded company?
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 27, 2014.
What is the annual revenue of talech?
Annual revenue of talech is $57.55 as on Mar 31, 2021.
What does talech do?
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.
Who are the top competitors of talech?
talech's top competitors include Toast, Square and Revel Systems.
Who are talech's investors?
talech has 1 investor. Key investors include US Bank.
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