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Grabango: Ronda de $12M para sistemas de pago en tiendas físicas


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Integral service around a transaction
BY : Diego GutiérrezJanuary Thu, 2019

Hablamos sobre Grabango, empresa que permite implantar un sistema de pagos automático en tiendas físicas. El 9 de enero conocimos la ronda de financiación que obtuvo la compañía californiana y que fue liderada por Propel VC.

After observing the movements of the sector, we analysed the sale of companies most significant and confirmed in the last year 2018.

A strategic injection for Grabango

Grabango

Imagen de @Grabango

Grabango is an American startup founded in 2016 and based in Berkeley, California. The company is dedicated to the provision of a technology solution that allows to implement an automatic payment system in physical shops.

Since joining three years ago, Grabango has accumulated 17 patents related to non-payment technologies and has signed four US clients that it claims serve more than 600 million shoppers per year.

El 7 de enero de 2019 Grabango cerró una ronda de financiación de 12 millones de dólares tipo Serie A. La inversión fue liderada por Propel Venture Partners, unidad de venture capital de BBVA, y en la que también participaron Ridge Ventures, Abstract Ventures, Commerce Ventures y Founders Fund.

The company will use the funding to grow its product development team and expand the deployment of its technology in shops.

Sales of companies in the sector

Taking advantage of this round, our experts in sale of companies have sought to delve deeper into the payment systems sector. These are the most important transactions that have been confirmed recently:

1. Flyt

Fundada en 2013 en Londres, Flyt de describe como una plataforma de software que ayuda a los grupos de restaurantes y proveedores de restaurantes a integrating your point-of-sale (POS) systems with third-party services.

It currently works with more than 3,000 quick service restaurants, including some of the world's largest brands and KK, Tim Hortons, Mitchells and Butlers, Pizza Express and Nando's. The company is believed to has raised close to £12 million. since its foundation.

El pasado 22 de enero de 2019, Just Eat confirmó la purchase of the company London for a price of 22 million pounds. It is worth noting that Just Eat was already one of Flyt's investors (it held 8%), but this deal sees the food giant become a new investor in Flyt. majority owner.

Peter Duffy, CEO of Just Eat, commented after the deal: "The addition of Flyt to our group will accelerate the uptake of these services around the world and allow the Flyt team to innovate with exciting new technology solutions for the industry."

Vivonet

Fundada en 2000 y con sede en Vancouver, Vivonet, offers solutions for POS, kiosks, kitchen systems, payments, labour scheduling and food and labour cost management.. Vivonet products are deployed in more than 4,000 locations, with customers including Sodexo, Delaware North, Booster Juice, Burger 21, Pita Pit and Texas Chicken & Burgers.

Inforone of the world's largest hospitality software providers, announced on 17 September 2018 the acquisition of Vivonet. The terms of the deal were not disclosed.

The acquisition expands Infor's suite of point-of-sale (POS) hospitality solutions and inventory and procurement functionality for businesses in food service or quick service restaurant management.

"Vivonet's specialised applications are highly complementary to Infor, creating a more complete suite for customers and expanding our marketing opportunity into three new micro-verticals for foodservice," said Charles Phillips, CEO of Infor.

3. Allure

La compañía de desarrollo de software de Atlanta, Allure Global Solutions, was sold for $8.4 million. por la firma de marketing digital Creative Realities el 20 de septiembre de 2018.

Allure is a company that provides software solutions, a suite of complementary services and ongoing support for its range of digital and digital media. POS solutions. The Atlanta-based company offers a wide range of products for theatres, restaurants, shops, theme parks and retail spaces.

It is currently operated as an independent subsidiary of Christie Digital Systems. It operates thousands of digital signage installations nationwide and "also has a strong partnership with Coca-Cola.

4. iZettle

El año pasado conocimos la venta de la empresa sueca iZettle, especialista en pagos, a PayPal 2.2 billion. On 20 September 2018, the process that started four months earlier was completed.

iZettle provides credit card readers to small businesses in Europe and South America and has also expanded into software and other financial services. At the beginning of 2018, iZettle said it planned to to be listed on the Nasdaq Stockholm exchange and raise around 2 billion SEK (£180 million), valuing the company at approximately £836 million.

The online payments giant confirmed its biggest acquisition to date, in a move designed to increase the range of services it offers to small businesses. PayPal chief Dan Schulman called the purchase "a strategic fit, with a shared mission, values and culture, and complementary product offerings and geographies. In today's digital world, consumers want to be able to shop when, where and how they want.

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