SpotOn

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

SpotOn is a privately held restaurant-technology and financial-services company that helps independent and multi-location operators accept payments, manage restaurant operations, grow revenue, and improve profitability. Its strategy is restaurant-first, supported by cloud software, proprietary hardware, payments, integrations, 24/7 support, and increasingly AI-driven financial insight.

Primary product

SpotOn Restaurant: a cloud restaurant-management and point-of-sale platform combining POS/payments, commission-free online ordering, reservations, labor scheduling/payroll, marketing/loyalty, reporting, integrations, and AI-powered profitability analysis.

Founded

2017

Headquarters

San Francisco, California, United States (100 California Street, 9th Floor).

Team size

1,000–2,000 (third-party estimates; SpotOn reported 2,000 employees in May 2022)

Work style

Flexible

Industry

Software Development / Fintech

Sub-industry

Restaurant technology, point-of-sale, payments, hospitality SaaS, embedded financial services

Offices

San Francisco, California, United States

Chicago, Illinois, United States

Greenwood Village, Colorado, United States

Southfield, Michigan, United States

San Rafael, California, United States

Raleigh, North Carolina, United States

Bengaluru, India

Mexico City, Mexico

Kraków, Poland

Business model

Subscription SaaS for restaurant and retail software

Payment processing and transaction fees

Proprietary POS and restaurant hardware

Embedded financial services, including rapid settlement and working-capital products

Enterprise and multi-location technology deployments

Funding

Stage

Series F / late-stage private company

Total raised

$923M

Latest round

Series F · May 2022

Latest amount

$300M

Series F

May 2022 · Dragoneer Investment Group

$300M

Series E

Sep 2021 · Andreessen Horowitz

$300M

Series D

May 2021 · Andreessen Horowitz

$125M

Series C

Sep 2020 · DST Global

$60M

Series B

Mar 2020 · 01 Advisors

$50M

Series A / institutional round

Jun 2019 · Franklin Templeton

$40M

Early round (reported as Series B)

Apr 2018

$23M

Series A

Aug 2012

$5M

People & investors

Leadership

Matthew (Matt) Hyman

Co-Founder and Co-CEO

Zachary (Zach) Hyman

Co-Founder and Co-CEO / Founder and CEO

Doron Friedman

Co-Founder and Chief Innovation Officer

Joon Huh

Chief Financial Officer

Kevin Bryla

Chief Marketing Officer

Bryan Solar

Chief Product Officer

Michelle Zmugg

Chief Legal Officer

Mark Walz

Chief Technology Officer

Sarah Ekstrom

Chief People Officer

Founders

Matthew Hyman

Co-Founder and Co-CEO

Zachary Hyman

Co-Founder and Co-CEO

Investors

01 Advisors

Andreessen Horowitz (a16z)

Coatue Management

Douglas Merritt

Dragoneer Investment Group

Mubadala Investment Company

Wellington Management

Work & culture

Official materials emphasize client-first hospitality, honesty and transparency, diversity, heart-and-hustle execution, innovation, learning, and direct support for local operators. Job postings indicate a fast-moving, execution-heavy, restaurant-focused environment; public employee-feedback summaries also flag uneven management and sales pressure by team.

Work style

Flexible

Visa sponsorship

Limited

Compensation

Compensation is role- and location-dependent and may include equity/stock. A 2026 Staff AI Engineer posting listed $210,000–$290,000+ base pay; a Bengaluru senior-engineer posting listed ₹3.2M–₹4.8M annually. At least some U.S. roles explicitly state that visa sponsorship is unavailable and U.S. work authorization is required.

Benefits

Medical, dental, and vision insurance

401(k) with company match

Equity grants / company stock plan

Flexible time off and holidays

Parental leave

Transit benefits

Mental-health resources

Technology stipend

Tuition reimbursement up to $2,000 per calendar year

Employee resource groups

Product & market

Pricing

Freemium/ tiered software plus payment processing and hardware; SpotOn says plans start at $0/month and scale with the business. Public 2026 pricing analyses report customized sales-led pricing, with examples ranging from $0 software plus higher processing to paid per-station plans; verify commercial terms directly because rates and fees vary by contract.

Differentiators

—Restaurant-first integrated platform rather than payments alone
—Commission-free first-party online ordering
—Connected POS, labor, reservations, marketing, guest, and P&L data
—24/7 human support and hands-on operator service
—AI profitability recommendations built from operational and financial data
—Rapid Fund settlement and embedded working-capital products
—Proprietary hardware and offline capability
—Strong reported G2 restaurant-POS ratings

Technology

AWS

Google Cloud

PostgreSQL

JavaScript

TypeScript

React

Python

Django

Flask

Kafka

RabbitMQ

Redis

MongoDB

Snowflake

Datadog

Grafana

Kubernetes

GitHub Actions

Android

Customers

Independent restaurants

Bars and pubs

Fine-dining and casual-dining restaurants

Multi-location restaurant groups

Retail businesses

Enterprise venues, sports and entertainment operators (historically, before the 2023 divestiture)

Examples publicly cited: La Tia Juana, Tiny’s & The Bar Upstairs, Breakfast Brothers, Live Nation, LSU, Dodger Stadium, Urban Air

Competitors

Toast

Block / Square

Olo

Lightspeed

Clover / Fiserv

TouchBistro

Scale & contact

Estimated revenue

Approximately $100M–$150M annually (third-party estimate; LinkedIn-derived estimate cited approximately $110M)

Signals & risks

Acquisition

Sep 2021

Acquired Appetize for $415 million in cash and stock to expand into enterprise venues, sports, and entertainment.

Source

Acquisition

Prior acquisitions publicly cited include Emagine (2018), SeatNinja (2020), and Dolce, a labor-management company integrated into SpotOn Restaurant.

Source

Other

Oct 2023

Sold its Sports & Entertainment business to Shift4 and stated it would focus resources on restaurants. This is a material portfolio contraction, though not a shutdown of SpotOn overall.

Source

Latest news

SpotOn Highlights Q2 2026 Momentum with Proactive AI and Faster Access to Cash

SpotOn · Jul 2026

Reported record Q2 customer, sales, and installation momentum; highlighted Profit AI, Rapid Fund, SpotOn Capital, and direct-ordering initiatives.

SpotOn Introduces Profit AI

SpotOn · Jun 2026

Opened beta access to an AI capability that proactively identifies profitability changes, explains likely causes, and recommends actions without automatically changing operations.

SpotOn Expands Financial Services Offerings with Rapid Fund

SpotOn · Apr 2026

Launched Rapid Fund for near-real-time card-deposit access and expanded SpotOn Capital through a partnership with Parafin.

SpotOn Announces Sale of Sports & Entertainment Unit

Business Wire · Oct 2023

Announced sale of the Sports & Entertainment business to Shift4 and a restaurant-only strategic focus.

SpotOn Raises $300 Million in Series F Funding at $3.6B Valuation

TechCrunch · May 2022

Reported Dragoneer-led Series F financing, $3.6B valuation, and the company’s expansion through acquisitions and restaurant technology.

Jobs and careers at SpotOn

77 jobs at SpotOn

Installation Specialist - Tampa, FL (Bilingual - English/Spanish)

On-site

Customer Success

Tampa, FL; Tampa, Florida, United States

Today

On-site

Full-time