What is Tiller?
Tiller specializes in delivering a sophisticated, iPad-based connected cash register software solution designed for merchants in the restaurant and retail sectors. Its platform empowers businesses to manage orders, process payments, and track operational data seamlessly from any location. Tiller offers modular and customizable solutions, catering to the diverse needs of single or multi-establishment businesses while emphasizing competitive pricing and real-time performance analytics. The company positions itself as a strategic partner for businesses aiming to enhance operational efficiency and elevate customer service through advanced technology.
How much funding has Tiller raised?
Tiller has raised a total of $18.6M across 3 funding rounds:
Other Financing Round
$112K
Series A
$4.6M
Series B
$13.9M
Other Financing Round (2015): $112K with participation from Wilco
Series A (2016): $4.6M led by Marc Menase, Damien Guermonprez, Nicolas Douay, Eduardo Ronzano, 360 Capital Partners, Thierry Petit, and Nicolas Sireyjol
Series B (2018): $13.9M supported by Ring Capital, Omnes Capital, and 360 Capital Partners
Key Investors in Tiller
360 Capital Partners
360 Capital Partners is a Venture Capital firm investing in innovation across Europe, particularly in France and Italy. With over 15 years of experience and €300 million under management, they leverage an extensive international network to co-invest with major global VC funds.
Ring Capital
Ring Capital is dedicated to supporting entrepreneurs creating innovative solutions for social and environmental challenges, managing €470 million and investing in over 60 companies across 8 countries, with a focus on impact and sustainable practices.
Omnes Capital
Omnes Capital is a leading European private equity firm focused on the energy transition and empowering entrepreneurs to tackle societal challenges, managing over 6.7 billion euros and supporting companies in renewable energy, sustainable cities, and deeptech.
What's next for Tiller?
The recent major strategic investment signals a pivotal growth phase for Tiller. This capital infusion is expected to fuel further product development, market expansion, and enhancements to its connected cash register software. Tiller is likely to leverage this financing to solidify its position in the competitive POS market, potentially exploring new verticals or deepening its penetration in existing ones. The company's focus on operational efficiency and real-time data management aligns with current industry trends, suggesting a strategic push towards broader adoption and integration within the merchant ecosystem.
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