Tillhub

Berlin, Germany Founded: 2015 • Age: 11 yrs Acquired By Unzer
iPad-based POS system is offered for retail stores.
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About Tillhub

Tillhub is a company based in Berlin (Germany) founded in 2015 was acquired by Unzer in April 2022.. Tillhub has raised $4.89 million across 2 funding rounds from investors including Elavon, Unzer and Heidelpay. The company has 53 employees as of December 31, 2019. Tillhub offers products and services including Tillhub Kassensystem, POS Go, Livehub, and Orderpro. Tillhub operates in a competitive market with competitors including Square, Ezetap, Orderbird, Vectron Systems and ITAB, among others.

  • Headquarter Berlin, Germany
  • Employees 53 as on 31 Dec, 2019
  • Sectors
    Retail
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tillhub Gmbh
Operational Areas
Retail → Retail Technology & Automation
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.89 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Elavon

    & 3 more

  • Employee Count
    53

    as on Dec 31, 2019

  • Acquired by
    Unzer

    (Apr 19, 2022)

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Products & Services of Tillhub

Tillhub offers a comprehensive portfolio of products and services, including Tillhub Kassensystem, POS Go, Livehub, and Orderpro. 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.

Primary

Cloud-based system for transaction processing and management

Portable device for on-the-go sales and payments

App for real-time customer interaction and orders

Tool for efficient order handling in businesses

People of Tillhub
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Aaron Diakanua
Sales Manager
People
Simone Krause
Sales Administrator
People
Marco Hubrich
Head Of Sales
People
Tim Seithe
Founder & CEO (acquired by Unzer)

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Funding Insights of Tillhub

Tillhub has successfully raised a total of $4.89M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (25 Apr 2018)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Series B - Tillhub Valuation Heidelpay
Apr, 2018 Amount Series A - Tillhub Valuation Elavon
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tillhub

Tillhub has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Elavon, Unzer and Heidelpay. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments are targeted by the venture capital firm Neosfer.
Founded Year Domain Location
Payment acquiring and processing solutions are provided to merchants.
Founded Year Domain Location
Merchant service provider
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tillhub

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tillhub

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tillhub Comparisons

Employees
+
Add Comparison
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Competitors of Tillhub

Tillhub 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, Orderbird, Vectron Systems 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.
domain founded_year HQ Location
Cloud-based mPOS software and hardware solutions are provided for businesses.
domain founded_year HQ Location
POS solutions for restaurants, bars, and cafes are provided.
domain founded_year HQ Location
POS hardware and software solutions are provided for merchants.
domain founded_year HQ Location
Self-checkout solutions are provided for retail businesses worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tillhub

Unzer’s Acquisition of 65% of Shares in Tillhub
Globallegalchronicle3 years ago
KKR's Heidelpay invests in Tillhub
Unquote5 years ago

Frequently Asked Questions about Tillhub

When was Tillhub founded?

Tillhub was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Tillhub located?

Tillhub is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Tillhub a funded company?

Tillhub is a funded company, having raised a total of $4.89M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.89M, raised on Apr 25, 2018.

How many employees does Tillhub have?

As of Dec 31, 2019, the latest employee count at Tillhub is 53.

What does Tillhub do?

Tillhub was founded in 2015 in Berlin, Germany, as an iPad-based point-of-sale system targeted at retail businesses with single or multiple locations. Hardware options are selected from Tillhub packages or featured manufacturers. Payments via EC, credit cards, and vouchers are accepted, while inventory is added, monitored, tracked, and managed. Employee oversight, promotion integrations, sales analytics, and centralized multi-store control are included. Pricing is determined by chosen hardware and software configurations.

Who are the top competitors of Tillhub?

Tillhub's top competitors include Square, Ezetap and Vectron Systems.

What products or services does Tillhub offer?

Tillhub offers Tillhub Kassensystem, POS Go, Livehub, and Orderpro.

Who are Tillhub's investors?

Tillhub has 4 investors. Key investors include Elavon, Unzer, Heidelpay, and neosfer.

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