Company Overview
Snapshot
Founded in December 2009 by Guy Marcus, Yonatan Turkin, and Nir Milman, Pose POS operates with 1-10 employees. The company has raised $1.75 million across one funding round from two investors. In July 2011, Pose POS secured an A Round of funding from RDSeed and Initial Capital.
Business overview
Pose POS provides a cloud-based point-of-sale (POS) system designed to offer small businesses a unified suite of management tools. The company's core technology simplifies retail operations and aims to increase sales. Pose POS serves the small and medium-sized business (SMB) market, operating within the Business Software sector, specifically focusing on Sales & Marketing Solutions and Fintech & Insurtech for money transfer and management.
Strategic signal
In July 2014, Pose POS shifted its business model to offer its cloud POS solution for free, aiming to gain market share among small businesses by partnering with credit card transaction processors for indirect monetization. This strategic pivot highlights the company's aggressive approach to competition and its focus on customer acquisition in a crowded market, signaling a long-term play for volume over immediate revenue per user.
Log in to access full profile ›Company Intelligence Q&A
- When was Pose POS founded and by whom?
- Pose POS was founded in December 2009 by Guy Marcus, Yonatan Turkin, and Nir Milman.
- What is the total capital raised by Pose POS?
- Pose POS has raised a total of $1.75 million across one funding round.
- Which investors participated in the July 2011 funding round?
- In July 2011, Pose POS completed an A Round of funding from RDSeed and Initial Capital.
- What was a key strategic development for Pose POS in July 2014?
- In July 2014, Pose POS announced that its cloud POS solution would be offered for free, aiming to compete in the small business market by monetizing through partnerships with credit card transaction processors.
- What significant integration did Pose POS announce in June 2014?
- In June 2014, Pose POS announced an integration with QuickBooks, allowing transactions from its POS system to feed directly into the accounting software, streamlining operations for small businesses.