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§ Private Profile · San Francisco, CA, USA
Retail software developer creating in-store payments systems for physical stores, focused on fast chip card processing and IT management for retailers.
Index developed retail software for in-store payments systems, specializing in fast chip card reading, faster checkouts, and IT management tools for sales hardware in physical stores. The company secured $19 million in Series B funding in 2017, backed by investors including General Catalyst Partners and Eric Schmidt's Innovation Endeavors. Index was subsequently acquired by Stripe in March 2018, expanding Stripe's capabilities in physical store payments, at a time when Stripe was valued at $9 billion. Its software integrated physical and digital payments data for retailers, serving the retail sector and supporting large-scale clients such as Allianz, Booking.com, and Zillow through Stripe's platform. Index was founded in 2012 by former Google Wallet executives Jonathan Wall and Marc Freed-Finnegan. Its business model centers on sold to Stripe in 2018, previously venture-funded through Series A and $19M Series B.
Index has raised $26.0M across 2 funding rounds.
Index has raised $26.0M in total across 2 funding rounds.
Index has raised $26.0M across 2 funding rounds. Most recently, it raised $19.0M Series B in June 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 30, 2016 | $19M Series B | David Fialkow | ROB Gierkink | Announced |
| Nov 19, 2013 | $7M Series A | 819 Capital, Aimco, Eric Schmidt, Vinod Khosla | — | Announced |
Index has raised $26.0M in total across 2 funding rounds.
Index's investors include David Fialkow, Rob Gierkink, 819 Capital, AIMCo, Eric Schmidt, Vinod Khosla.