SumUp Overview
- Year Founded
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2011

- Status
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Private
- Employees
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3,567

- Latest Deal Type
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2ndary - Private
- (Upcoming)
- Investors
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40
SumUp General Information
Description
Developer of a mobile point-of-sale device designed to perform card transactions simply, securely and cost-effectively. The company's device offers a card reader that accepts magstripe, chip, and contactless payments, enabling small and medium businesses to pair the card readers with any mobile device or tablet and start transacting.
Contact Information
Website
www.sumup.comCorporate Office
- 16-20 Shorts Gardens
- London WC2H 9US
- England, United Kingdom
Corporate Office
- 16-20 Shorts Gardens
- London WC2H 9US
- England, United Kingdom
SumUp Timeline
SumUp Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
20. Secondary Transaction - Private | Upcoming | Generating Revenue | ||||
19. Debt Refinancing | 14-May-2024 | Completed | Generating Revenue | |||
18. Later Stage VC | 11-Dec-2023 | Completed | Generating Revenue | |||
17. Secondary Transaction - Private | 10-Nov-2023 | Completed | Generating Revenue | |||
16. General Corporate Purpose | 09-Aug-2023 | Completed | Generating Revenue | |||
15. Debt - General | 01-Feb-2023 | Completed | Generating Revenue | |||
14. Later Stage VC | 23-Jun-2022 | Completed | Generating Revenue | |||
13. Later Stage VC | 01-Apr-2022 | Completed | Generating Revenue | |||
12. Debt - General | 31-Dec-2021 | $36.5M | $148M | Completed | Generating Revenue | |
11. Secondary Transaction - Private | $112M | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
SumUp Comparisons
Industry
Financing
Details
SumUp Competitors (15)
One of SumUp’s 15 competitors is Zettle, a Formerly VC-backed company based in Stockholm, Sweden.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Zettle | Formerly VC-backed | Stockholm, Sweden | ||||
Dojo (Financial Services) | Venture Capital-Backed | London, United Kingdom | ||||
myPOS (London) | Private Equity-Backed | London, United Kingdom | ||||
Clover Network | Formerly VC-backed | Sunnyvale, CA | ||||
Miura Systems | Venture Capital-Backed | High Wycombe, United Kingdom |
SumUp Patents
SumUp Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230041934-A1 | Coin cell bracket | Active | 03-Aug-2021 | ||
US-12046764-B2 | Coin cell bracket | Active | 03-Aug-2021 | ||
US-20230229871-A1 | Microprocessor as a security layer | Active | 24-Sep-2020 | ||
US-20230206211-A1 | Communication system and display synchronization | Pending | 24-Sep-2020 | ||
US-20230259722-A1 | Secure cover with tamper resistant landing area | Active | 24-Sep-2020 | G06K7/0091 |
SumUp Signals
SumUp Investors (40)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Kailuana | Growth/Expansion | Minority | ||
Katalista Ventures | Accelerator/Incubator | |||
LIQUiDITY Group | Lender/Debt Provider | Minority | ||
Sixth Street Partners | Growth/Expansion | Minority | ||
Bain Capital Tech Opportunities | Growth/Expansion | Minority |
SumUp Investments & Acquisitions (15)
SumUp’s most recent deal was a Seed Round with Trezy (Business/Productivity Software) for . The deal was made on 13-Jan-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Trezy (Business/Productivity Software) | 13-Jan-2023 | Seed Round | Business/Productivity Software | ||
Mondu | 12-Jan-2023 | Early Stage VC | Financial Software | ||
marta (Elder and Disabled Care) | 25-Aug-2022 | Seed Round | Other Healthcare Services | ||
Five Stars Loyalty | 13-Oct-2021 | Merger/Acquisition | Media and Information Services (B2B) | ||
Mondu | 12-Oct-2021 | Seed Round | Financial Software |
Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
Tiller (Business/Productivity Software) | Paris, France | 2014 | |
Five Stars Loyalty | San Francisco, CA | 2011 |
SumUp FAQs
-
When was SumUp founded?
SumUp was founded in 2011.
-
Where is SumUp headquartered?
SumUp is headquartered in London, United Kingdom.
-
What is the size of SumUp?
SumUp has 3,567 total employees.
-
What industry is SumUp in?
SumUp’s primary industry is Other Hardware.
-
Is SumUp a private or public company?
SumUp is a Private company.
-
What is the current valuation of SumUp?
The current valuation of SumUp is
. -
What is SumUp’s current revenue?
The current revenue for SumUp is
. -
How much funding has SumUp raised over time?
SumUp has raised $2.75B.
-
Who are SumUp’s investors?
Kailuana, Katalista Ventures, LIQUiDITY Group, Sixth Street Partners, and Bain Capital Tech Opportunities are 5 of 40 investors who have invested in SumUp.
-
Who are SumUp’s competitors?
Zettle, Dojo (Financial Services), myPOS (London), Clover Network, and Miura Systems are some of the 15 competitors of SumUp.
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