Mad Mobile builds digital and mobile experiences and payment solutions for restaurant and retail customers, offering a suite that includes mobile POS, mobile ordering, self-checkout, clienteling, mobile fulfillment, and contactless payment. The company serves more than 21,000 major restaurant and retail locations globally and processes roughly $3B in payments annually. Its CAKE point-of-sale solution was acquired from Sysco Corporation in 2020. Mad Mobile’s customers include Ralph Lauren, Tractor Supply, Texas Roadhouse, Talbots, Signet Jewelers, Urban Outfitters and others. Led by CEO Bruce Bennett, the company plans to amplify expansion of its SaaS and payment technologies and accelerate sales growth. The company also intends to use new funds to refinance existing debts. Mad Mobile provides a connected commerce platform and mobile payments solutions that create modern point-of-sale transactions for retailers and restaurants. Led by CEO Bruce Bennett, the company builds digital and mobile experiences for more than 21,000 retail and restaurant locations. Customers include Ralph Lauren, Tractor Supply, Meijer, Texas Roadhouse, Talbots, Aramark, Estee Lauder, Signet Jewelers and others. The company said it will use the $20M in new funding to accelerate development of its technology platform for modern point-of-sale and payments and to drive commercial market growth. Mad Mobile is based in Tampa, FL. Mad Mobile provides Concierge, a mobile application and cloud-based platform that gives store associates mobile access to product and customer information and tools to deliver a personalized shopping experience. The platform surfaces real-time data from enterprise systems to enable customer journeys such as Clienteling, BOPIS, Endless Aisle, and MPOS. The company completed a seven-figure, revenue-based financing transaction with Decathlon Capital Partners; the precise amount was not disclosed. Mad Mobile intends to use the funds to expand the reach of its Concierge solution. The company is led by CEO Bruce Bennett and has had Concierge deployed by major retailers including Talbots, Helzberg Diamonds, Books-A-Million, Ashley Furniture, Timberland, The North Face, and Vans.

Total raised

$70M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2024