Appetize raises $20M

What does Appetize do?

Appetize, is the next gen point of sale platform. It is the most flexible and powerful enterprise point of sale solution. The company is the most powerful platform for sports and live events. It is deployed in four hundred venues globally with clients such as Lincoln Financial Field and Madison Square Garden to Bonnaroo and Governors Ball. The company has the most reliable and robust point of sale solution on the markets. The company has developed more than 17,000 units and processed over $1 billion in transaction in this year alone. This company was built with the enterprise client and scalbility, and now with the partners Oak View Group and Shamrock Capital, this company is positioned very well for long term and continued success.

How much Appetize was funded?

The company raised $20M on December 20, 2016 from Shamrock Capital Advisors and Oakview Group.

What is next for Appetize?

The company plans on using the funding for expanding its team of payment industry veterans and point of service to more than a hundred and fifty employees in New York, Los Angeles and Atlanta by the middle of next year. Alan Resnikoff and . Shamrock Partners Andy Howard join the company’s board or directors and Tim Leiweke joins as a board observer. The company already proved to be a leader in the sport and entertainment industry and more with notable deployments at Live Nation, the biggest foodservice companies in the world and popular venues like Madison Square Garden, and more than four hundred additional venues. The coming year is going to be another interesting year of innovation and growth.

More about Appetize

Appetize was founded in September, 2011 by Kevin Anderson, Max Roper and Jason Pratts. It has its headquarters in Santa Monica, California. The company is concentrating on modern ordering and payment technology to more 400 companies.