UseCopper

Reno, United States Founded: 2017 • Age: 9 yrs Acquired By Liven
Payment processing solution for restaurant businesses
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About UseCopper

UseCopper is a company based in Reno (United States) founded in 2017 was acquired by Liven in July 2023.. UseCopper has raised $3.46 million across 1 funding round from investors including Liven. UseCopper operates in a competitive market with competitors including paerpay, TabbedOut, Ziosk, MyCheck and Menud, among others.

  • Headquarter Reno, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.46 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.46 M (USD), Series A

    Mar 19, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Liven

    (Jul 25, 2023)

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People of UseCopper
Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Tobias Schneider
CTO & Founder

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Teams

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Funding Insights of UseCopper

UseCopper has successfully raised a total of $3.46M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.46 million completed in March 2021. 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 1
  • Last Round Series A — $3.5M
  • First Round

    (19 Mar 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Series A - UseCopper Valuation

investors

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 UseCopper

UseCopper has secured backing from 1 investor. Prominent investors backing the company include Liven. 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
Investor Description Founded Year Domain Location
Software suite solutions for restaurant operations and management are provided.
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 UseCopper

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 - UseCopper

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

Usecopper Comparisons

Employees
+
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Competitors of UseCopper

UseCopper 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 paerpay, TabbedOut, Ziosk, MyCheck and Menud, 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
App-based platform for dining payments
domain founded_year HQ Location
Mobile payments and marketing for hospitality venues are facilitated.
domain founded_year HQ Location
Provider of restaurant technology solutions for streamlined operations and enhanced guest experiences
domain founded_year HQ Location
Provider of digital solutions for the hospitality industry
domain founded_year HQ Location
Mobile ordering and payment app is offered for restaurant users.
domain founded_year HQ Location
Mobile ordering at restaurants & bars
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 Usecopper

Frequently Asked Questions about UseCopper

When was UseCopper founded?

UseCopper was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is UseCopper located?

UseCopper is headquartered in Reno, United States. It is registered at Reno, Nevada, United States.

Is UseCopper a funded company?

UseCopper is a funded company, having raised a total of $3.46M across 1 funding round to date. The company's 1st funding round was a Series A of $3.46M, raised on Mar 19, 2021.

What does UseCopper do?

Copper was founded in 2017 in Reno, United States, focusing on the payment processing sector for restaurant businesses. Operations enable online dining payments, bill splitting, and waiter tipping. Transactions are accepted through QR code scanning at checkout and credit or debit card terminals. Additional services include transaction management, sales reporting, customer insights, and live support.

Who are the top competitors of UseCopper?

UseCopper's top competitors include TabbedOut, Ziosk and SpeedETab.

Who are UseCopper's investors?

UseCopper has 1 investor. Key investors include Liven.

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