Fivestars

Acquired

SumUp Connect Loyalty Program - Automate your marketing efforts

Founded 2011 · $142.4M raised

Employees
201–500
Founded
2011
Business Model
B2B
Total Funding
$142.4M
Last Round
$52.5M Series DOct 2020
Rounds
5
Acquisition Date
Oct 2021

About

Fivestars is an all-in-one payments and marketing platform for local businesses. It turns everyday payments into a marketing engine by combining customer loyalty rewards, text and email messaging, and automated promotions that keep shops top of mind. The company says more than 70 million people use Fivestars to shop local, and that one in six Americans use the network. More than 12,000 local businesses—from restaurants and coffee shops to salons, retail, and spas—use Fivestars to acquire customers, run promotions, and bring people back more often.

Summary

Fivestars is a Fintech company, founded in 2011. It has raised $142.4M in total across 5 rounds, most recently a $52.5M Series D round in Oct 2020. Investors include SumUp, Menlo Ventures and Lightspeed Venture Partners.

Tech & App Stack

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Funding History

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AcquisitionOct 2021

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