What is SpotHopper?
Founded in 2015 and headquartered in Milwaukee, Wisconsin, SpotHopper addresses the complex online challenges faced by independent restaurants. Its all-in-one platform is designed to streamline marketing efforts and operational tasks, offering a cost-effective and time-saving solution. By consolidating essential digital tools, SpotHopper empowers restaurateurs to enhance their online presence and manage their businesses more efficiently, positioning itself as a vital technology partner in the competitive food service industry.
How much funding has SpotHopper raised?
SpotHopper has raised a total of $26M across 2 funding rounds:
Series A
$14M
Series B
$12M
Series A (2021): $14M with participation from TVC Capital
Series B (2023): $12M led by TVC Capital
Key Investors in SpotHopper
TVC Capital
TVC Capital is a growth equity firm based in San Diego, CA, specializing in investments and acquisitions of software companies and software-enabled service firms. The firm focuses on innovative B2B software companies, partnering with exceptional management teams to accelerate growth and maximize value.
What's next for SpotHopper?
The recent major enterprise-level funding, particularly the strategic investment in its Series B round, signals SpotHopper's readiness for accelerated scaling and market penetration. This capital infusion is expected to fuel product development, enhance customer acquisition strategies, and potentially expand its service offerings. With a focus on independent restaurants, SpotHopper is poised to further solidify its role as a critical technology enabler, driving innovation and operational excellence within this segment of the food service sector.
See full SpotHopper company page
