Mad Mobile: Revolutionizing Restaurant and Retail Payment Solutions
June 14, 2024, 3:36 pm
Location: United States, Florida, Tampa
Employees: 201-500
Founded date: 2010
Total raised: $70M
Mad Mobile, a Tampa-based company specializing in restaurant and retail SaaS and payment solutions, recently secured a whopping $50 million in financing. Backed by Morgan Stanley Expansion Capital and Bridge Bank, the company plans to use the funds to enhance its SaaS and payment technologies, refinance debts, and drive sales growth.
Led by CEO Bruce Bennett, Mad Mobile is on a mission to transform the digital and mobile experiences of over 21,000 major restaurant and retail locations worldwide. With a comprehensive suite of modern point-of-sale services including mobile POS, mobile ordering, self-checkout, clienteling, mobile fulfillment, and contactless payment, Mad Mobile processes approximately $3 billion in payments annually.
In 2020, Mad Mobile acquired the CAKE point-of-sale solution from Sysco Corporation, solidifying its position as a leader in the industry. Some of the company's notable clients include Ralph Lauren, Texas Roadhouse, Estee Lauder, and Urban Outfitters, among others.
The recent financing agreement marks a significant milestone for Mad Mobile, as it gears up for further expansion and growth in the competitive restaurant and retail market. With a focus on innovation and cutting-edge solutions, Mad Mobile is poised to revolutionize the way businesses in the industry operate and engage with their customers.
Stay tuned as Mad Mobile continues to make waves in the world of restaurant and retail payment solutions, setting new standards for excellence and customer satisfaction.
Led by CEO Bruce Bennett, Mad Mobile is on a mission to transform the digital and mobile experiences of over 21,000 major restaurant and retail locations worldwide. With a comprehensive suite of modern point-of-sale services including mobile POS, mobile ordering, self-checkout, clienteling, mobile fulfillment, and contactless payment, Mad Mobile processes approximately $3 billion in payments annually.
In 2020, Mad Mobile acquired the CAKE point-of-sale solution from Sysco Corporation, solidifying its position as a leader in the industry. Some of the company's notable clients include Ralph Lauren, Texas Roadhouse, Estee Lauder, and Urban Outfitters, among others.
The recent financing agreement marks a significant milestone for Mad Mobile, as it gears up for further expansion and growth in the competitive restaurant and retail market. With a focus on innovation and cutting-edge solutions, Mad Mobile is poised to revolutionize the way businesses in the industry operate and engage with their customers.
Stay tuned as Mad Mobile continues to make waves in the world of restaurant and retail payment solutions, setting new standards for excellence and customer satisfaction.