TableSafe

regtechauthentication and fraud prevention

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 01/05/2020

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About

TableSafe, developers of RAIL, the patented 'pay at the table' solution, is a Kirkland, Washington based technology company that designs, builds, and sells hardware and software products designed to eliminate credit and debit card information theft. The RAIL features Point-to-Point encryption at the swipe, has NFC capability, and is EMV and PCI compliant.

Focus

PRODUCTS & SERVICES

TableSafe is unique secured payment solution (RAIL) implemented for restaurants operators and guests. TableSafe RAIL is a software product that brings the guest with secured payment with a patented digital billfold that enables Guests to self-swipe credit or debit cards at the table.

REVENUE MODEL

Subscription Based Revenue Model

MAIN CLIENTS

Restaurants

EXISTING PARTNERSHIPS

Paytronix,Magtek,Worldpay,Valutec,NCR

Micros ,Heartland Payment ,Global Payment System

Creditcall

COMMENT

To prevent credit card and identity theft in the restaurants for both the customers and the operators.

Traction

VALUATION / MARKET CAP:

$56 M in 2015

People

FOUNDERS

Joseph Snell

INVESTORS:

SoundBoard Angel Fund

Swiftsure Capital

Momentum

FUNDED

YES

TOTAL FUNDING

$13.33 M

DATE OF LAST FUNDING

Oct 2017

TOTAL FUNDING COMMENT

Debt financing: $513 K (May, 2016)

SEED & PRIOR FUNDING

$1 M

SEED CLOSED ON

Aug 2011

FUNDING SERIES

SERIES B  · $6.5 M  · Jul 2013

SERIES C  · $5.83 M  · Oct 2017

LISTED

NO

COMMENT

Series D: $5 M (Apr, 2016)

BASICS

FOUNDING YEAR:

2010

LOCATION:

United States

Views:

173 VISITORS | 291 VIEWS
LATEST FUNDING ROUND

$13.3 M

About

TableSafe, developers of RAIL, the patented 'pay at the table' solution, is a Kirkland, Washington based technology company that designs, builds, and sells hardware and software products designed to eliminate credit and debit card information theft. The RAIL features Point-to-Point encryption at the swipe, has NFC capability, and is EMV and PCI compliant.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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People+
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