What is CardFlight?
Headquartered in New York City, CardFlight specializes in providing sophisticated mobile payment processing technology and software. The company serves as a vital bridge for businesses looking to modernize their point-of-sale capabilities, offering tools that facilitate secure and efficient digital transactions. By focusing on the intersection of hardware and software, CardFlight has carved out a significant niche, enabling merchants to accept payments across various platforms with ease. Their market position is defined by a focus on reliability and ease of integration, which has proven essential for small to mid-sized enterprises aiming to compete in an increasingly cashless economy.
How much funding has CardFlight raised?
CardFlight has raised a total of $8.5M across 5 funding rounds:
Private Equity
$935K
Other Financing Round
$1.6M
Debt
$750K
Series A
$4.2M
Debt
$1M
Private Equity (2012): $935K, investors not publicly disclosed
Other Financing Round (2013): $1.6M led by ff Venture Capital, Entrepreneurs Roundtable Accelerator, Apostolos Apostolakis, and Great Oaks Venture Capital
Debt (2014): $750K, investors not publicly disclosed
Series A (2015): $4.2M featuring MATH Venture Partners
Debt (2020): $1M backed by PPP
Key Investors in CardFlight
ff Venture Capital
ff Venture Capital is a leading seed and early-stage firm based in New York, specializing in high-growth sectors including AI, robotics, and security.
Entrepreneurs Roundtable Accelerator
ERA is a prominent New York-based accelerator and early-stage fund that provides mentorship and capital to help startups achieve significant market scale.
Great Oaks Venture Capital
Great Oaks Venture Capital is an early-stage investment firm that focuses on software, financial services, and enterprise solutions to drive transformative growth.
What's next for CardFlight?
Looking ahead, CardFlight is well-positioned to leverage its recent capital injection to accelerate product development and expand its enterprise-level service offerings. As the fintech sector continues to prioritize interoperability and security, the company's strategic roadmap likely involves deepening its software ecosystem and enhancing its payment gateway capabilities. By maintaining a focus on scalable architecture and strategic partnerships, CardFlight is poised to capture further market share, ensuring that its technology remains at the forefront of the evolving digital payment landscape.
See full CardFlight company page
