Tech Company Financing Transactions

Punchh Funding Round

Punchh, based in San Mateo, secured $40 million in funding from Adams Street Partners, Sapphire Ventures and AllianceBernstein.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Adams Street Partners (Lead Investor) (Robin Murray)

Sapphire Ventures (Lead Investor) (Jai Das)


Proceeds Purpose
The new funding will be used to further augment Punchh's AI capabilities as it expands into new verticals such as convenience stores and other physical retail segments.

Company Information

Company Status
Acquired or Merged
Mailing Address
1875 S. Grant St. 810
San Mateo, CA 94402
Email Address
It all started when a restaurateur friend called and asked for marketing help. He was spending a lot on marketing -- TV, local newspaper ads, search engine marketing, social media -- but he had no idea if any of the tactics were working or which ones were most effective.
Punchh LinkedIn Company Profile
Social Media
Punchh Company Twitter Account
Company News
Punchh News
Punchh on Facebook
Punchh on YouTube

Management Team

Email & Social
Chief Executive Officer
Shyam Rao
  Shyam Rao LinkedIn Profile  Shyam Rao Twitter Account  Shyam Rao News  Shyam Rao on Facebook
Chief Financial Officer
Anish Mehta
  Anish Mehta LinkedIn Profile  Anish Mehta Twitter Account  Anish Mehta News  Anish Mehta on Facebook
Chief Technical Officer
Aditya Sanghi
  Aditya Sanghi LinkedIn Profile  Aditya Sanghi Twitter Account  Aditya Sanghi News  Aditya Sanghi on Facebook
VP - Bus. Development
Sastry Penumarthy
  Sastry Penumarthy LinkedIn Profile  Sastry Penumarthy Twitter Account  Sastry Penumarthy News  Sastry Penumarthy on Facebook
VP - Sales
Donald Wight
  Donald Wight LinkedIn Profile  Donald Wight Twitter Account  Donald Wight News  Donald Wight on Facebook



Browse more venture capital transactions:

Prev: 11/15/2019: Peanut venture capital transaction
Next: 11/15/2019: Eigen Technologies venture capital transaction


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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from, an affiliated venture.


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