Punchh Announces $3 Million in Funding

August 25, 2013: Today we announced $3 million in venture capital funding to further expand our market leadership position and accelerate growth in the $20 billion U.S. restaurant marketing segment.

Three years ago we started Punchh with the goal of helping restaurants acquire and retain their customers, and grow.  Today Punchh is the first and leading mobile solution that delivers branded mobile apps for games, loyalty, online ordering, payments, reviews, referrals, and surveys.  Punchh integrates with operators’ existing POS systems to gather 360-degree customer insights.[more…]

We are live at more than 1,000 restaurant locations including brands such as Earl of Sandwich, Hungry Howie’s, Mama Fu’s, Max’s Restaurant, Rita’s Italian Ice, Vino Volo, and Voodoo BBQ and Grill.

By replacing cumbersome, easy-to-lose paper punch cards and magnetic stripe loyalty cards, operators using Punchh have realized five- to six-fold customer participation rates, three to four times greater repeat purchase rates and tenfold increases in customer reviews over Yelp!. Punchh users also report same-store sales increases of 7 to 10 percent.

If you’re thinking about how to connect with your customers and increase your brand awareness via mobile, talk to us. We can help.

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