eThor is a modern payments startup offering a new standard in restaurant payments, with a keen focus on contactless payment solutions, especially relevant amid the COVID-19 pandemic. Founded in 2009 and headquartered in the United States, eThor is carving a niche in the E-Commerce industry. The company's recent milestone includes a $6.00M Series A investment led by VA Angels on 01 June 2020.
Specializing in integrating EMV-certified payment processing solutions with Micros Oracle or NCR Aloha point of sale (POS) systems, eThor's expertise in POS Integration is patent protected, making it a formidable player in the industry. The company's offering of various contactless payment options including Apple Pay, Samsung Pay, pay by QR code, or via SMS text messaging, underlines its commitment to meeting consumer demand for safe and convenient payment methods.
eThor's emphasis on enabling restaurants to continue operating during these challenging times by facilitating payments at their premises, curbside, or through doorstep delivery resonates with the evolving needs of the market. The company's ability to innovate and adapt to the rapidly changing payment landscape positions it as a promising venture for venture capital investment, especially within the context of growing demand for efficient and secure payment solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $6.00M | 1 | 01 Jun 2020 | |
Seed Round | $380.00K | 1 | 01 Jun 2016 | |
Seed Round | $500.00K | 1 | 03 Nov 2015 | |
Seed Round | $1.00M | - | 29 Apr 2013 | |
Angel Round | $500.00K | - | 28 Aug 2011 |
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