paytroniz

Customer engagement and loyalty solutions provider

Newton, Massachusetts, United States

About paytroniz

Paytronix specializes in customer engagement solutions and loyalty programs for restaurants, retail chains, and convenience stores. The company provides a platform that includes features like omnichannel engagement, customizable promotions, coupons, and guest feedback surveys, allowing businesses to effectively manage their customer databases and gain insights to boost sales. Paytronix also offers an online ordering system that covers the entire ordering process, from setup to delivery, ensuring businesses can maximize customer lifetime value. Unlike many competitors, Paytronix's solutions integrate seamlessly with existing point-of-sale and ordering systems, making implementation easier for businesses. The goal of Paytronix is to help its clients enhance customer relationships and drive sales through effective engagement strategies.

Newton, MassachusettsHeadquarters
2001Year Founded
$73MTotal Funding
LATE_VCCompany Stage
Consumer Software, Consumer GoodsIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Parental Leave
Unlimited Paid Time Off
Employee Assistance Program
Tuition Reimbursement
Pet Insurance

Risks

Reintroduction of paper menus may reduce demand for digital menu solutions.
The acquisition by The Access Group may disrupt existing client relationships or company focus.
Increased eCommerce use by SMBs could heighten competition for Paytronix's digital solutions.

Differentiation

Paytronix offers a comprehensive platform for omnichannel customer engagement and loyalty programs.
The company integrates seamlessly with existing POS and ordering systems for easy implementation.
Paytronix's AI assistant enhances campaign ideas and provides data-driven insights for clients.

Upsides

The partnership with DineEngine enhances Paytronix's digital experience offerings for restaurants.
Integration of AI-driven personalization is a growing trend benefiting Paytronix's platform.
The acquisition by The Access Group could accelerate Paytronix's growth and platform expansion.

Funding

Total raised$72.95 M
Latest valuation$50.00 M
StageLATE_VC
LATE VC
3/31/2020
$10
$50.00 M
GROWTH EQUITY VC
12/31/2017
$65