About Tock
Tock is a company based in Chicago (United States) founded in 2014 was acquired by American Express in June 2024.. Tock has raised $29.53 million across 5 funding rounds from investors including Squarespace, American Express and Valor Equity Partners. The company has 178 employees as of December 31, 2022. Tock operates in a competitive market with competitors including Mad Mobile, Toreta, ResDiary, Libro and Urvenue, among others.
- Headquarter Chicago, United States
- Employees 178 as on 31 Dec, 2022
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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 Tock, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.53 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series C
May 08, 2020
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Investors
Squarespace
& 15 more
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Employee Count
178
as on Dec 31, 2022
- Acquired by
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Funding Insights of Tock
Tock has successfully raised a total of $29.53M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in May 2020. 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 — $10.0M
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First Round
First Round
(26 Nov 2014)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series C - Tock | Valuation | Valor Equity Partners | |
| Nov, 2018 | Amount | Series B - Tock | Valuation | Valor Equity Partners , Origin Ventures | |
| Oct, 2016 | Amount | Series A - Tock | Valuation | Origin Ventures |
| 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 Tock
Tock has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Squarespace, American Express and Valor Equity Partners. 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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Private equity firm
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Founded Year | Domain | Location | |
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VC firm investing in the US
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Founded Year | Domain | Location | |
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Investments in SaaS, marketplace, and middle market companies are managed.
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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 Tock
| 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 - Tock
| 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 |
Tock Comparisons
Competitors of Tock
Tock 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 Mad Mobile, Toreta, ResDiary, Libro and Urvenue, 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 |
Mobile retail platform with engagement and POS solutions provided.
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| domain | founded_year | HQ Location |
Digital solutions for restaurant reservations and customer management are provided.
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| domain | founded_year | HQ Location |
Reservation management system and marketplace for restaurants is operated.
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| domain | founded_year | HQ Location |
Table reservations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
SaaS-based reservation management is provided for restaurants, nightclubs, 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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Latest news on Tock
Frequently Asked Questions about Tock
When was Tock founded?
Tock was founded in 2014.
Where is Tock located?
Tock is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Tock a funded company?
Tock is a funded company, having raised a total of $29.53M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Nov 26, 2014.
How many employees does Tock have?
As of Dec 31, 2022, the latest employee count at Tock is 178.
What does Tock do?
Tock was founded in 2014 in Chicago, United States, within the restaurant technology sector. Reservation systems are provided through ticket sales, enabling table bookings. Guest and table management tools are included, along with features for creating booking templates and managing tables. Seating trends and demands are tracked and analyzed to support restaurant operations.
Who are the top competitors of Tock?
Tock's top competitors include Mad Mobile, ResDiary and Toreta.
Who are Tock's investors?
Tock has 16 investors. Key investors include Squarespace, American Express, Valor Equity Partners, Origin Ventures, and Lettuce Entertain You.
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