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Based in Los Angeles, California, Appetize develops enterprise point of sale, digital ordering, and payment processing software designed for large sports stadiums, college campuses, and live entertainment venues. Prior to its September 2021 acquisition by payment software provider SpotOn for approximately $415 million, the company had raised over $50 million in venture funding and scaled its workforce to approximately 325 employees. The business generates revenue through software subscription fees, hardware sales, and transaction processing, deploying its omnichannel technology across more than 65 percent of major league sports facilities in the United States. The organization secured financial backing from institutional investors including Shamrock Capital to support hardware and software deployments for prominent enterprise customers such as Live Nation, Madison Square Garden, and Aramark. Appetize was originally founded in 2011 by technology entrepreneurs Max Roper, Kevin Anderson, and Jason Pratts.
Appetize has raised $63.0M across 3 funding rounds.
Appetize has raised $63.0M in total across 3 funding rounds.
Appetize has raised $63.0M across 3 funding rounds. Most recently, it raised $23.0M Series B in August 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 10, 2018 | $23M Series B | 32 Equity | — | Announced |
| Jan 24, 2018 | $20M Series B | Andrew Howard | Silicon Valley Bank | Announced |
| Dec 20, 2016 | $20M Venture Round | Andrew Howard | Timothy Leiweke | Announced |
Appetize has raised $63.0M in total across 3 funding rounds.
Appetize's investors include 32 Equity, Andrew Howard, Silicon Valley Bank, Timothy Leiweke.
