About Tiller
Tiller is a company based in Paris (France) founded in 2014 was acquired by SumUp in February 2021. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Tiller has raised $18.57 million across 4 funding rounds from investors including SumUp, Ring Capital and Omnes Capital. Tiller offers products and services including Tiller POS System. Tiller operates in a competitive market with competitors including SpotOn, Tillster, Olo, Revel Systems and Zenput, among others.
- Headquarter Paris, France
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Tiller Systems
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Products & Services of Tiller
Tiller offers a comprehensive portfolio of products and services, including Tiller POS System. 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 connected cash register system for merchants is provided.
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Software Development Team
203 people
Senior Team
57 people
Sales and Marketing
46 people
Human Resources and Administration
38 people
Leadership Team
23 people
Operations Team
17 people
Product Management Team
15 people
Data Analysis and Operations Team
8 people
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Funding Insights of Tiller
Tiller has successfully raised a total of $18.57M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $13.9 million completed in June 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 4
- Last Round Series B — $13.9M
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First Round
First Round
(06 Jul 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Series B - Tiller | Valuation | Ring Capital | |
| Jun, 2017 | Amount | Seed - Tiller | Valuation | Founders Future |
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| Apr, 2016 | Amount | Seed - Tiller | Valuation | 360 Capital Partners |
| 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 Tiller
Tiller has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include SumUp, Ring Capital and Omnes Capital. 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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Ring Capital is focused on impact investing for social and environmental solutions.
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Founded Year | Domain | Location | |
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Private equity firm focused on energy transition and sustainable investments across Europe.
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Founded Year | Domain | Location | |
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Venture capital firm investing in digital tech startups
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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 Tiller
| 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 - Tiller
| 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 |
Tiller Comparisons
Competitors of Tiller
Tiller 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, Tillster, Olo, Revel Systems and Zenput, 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 |
SaaS solutions for restaurant online ordering and analytics are offered.
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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 |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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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 |
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 Tiller
Frequently Asked Questions about Tiller
When was Tiller founded?
Tiller was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Tiller located?
Tiller is headquartered in Paris, France.
Is Tiller a funded company?
Tiller is a funded company, having raised a total of $18.57M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.56M, raised on Jul 06, 2015.
What does Tiller do?
A connected cash register solution on iPad is provided by Tiller Systems for restaurants and retail businesses. Data analysis and operational management tools are included to track sales and product performance in real-time. The modular system is designed to adapt to single or multiple establishments with ease. Accessibility across devices like tablets, computers, and phones is ensured for personalized user experience. Sectors served include hospitality and commerce with a focus on efficiency.
Who are the top competitors of Tiller?
Tiller's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Tiller offer?
Tiller offers Tiller POS System.
Who are Tiller's investors?
Tiller has 10 investors. Key investors include SumUp, Ring Capital, Omnes Capital, 360 Capital Partners, and Founders Future.