Appetize, a Playa Vista, CA-based point-of-sale (POS) company for foodservice and retail payment technology for major venues at scale, raised $20m in Series B funding.
The round, which brings total funding to date to over $45m, was led by Shamrock Capital Advisors, with additional financing provided by Silicon Valley Bank.
The company will use the new funds to drive nationwide growth, onboard large clients, and enhance the platform’s retail, restaurant, and self-service functionality.
Co-founded by Max Roper, Kevin Anderson and Jason Pratts, Appetize provides a dual platform (Android and iOS) product suite which includes fixed POS, handheld POS, self-serve kiosk, mobile and online ordering, as well as back of house enterprise management and reporting, to enterprise businesses like arenas, stadiums, convention centers, theme parks, campuses, and chain stores.
The company has over 200 employees out of a new headquarters in Playa Vista, California.
Clients include Madison Square Garden, Live Nation, Ole Miss University and thousands of the largest global foodservice and retail enterprises.