ShopKeep Raises $25 Million for Its iPad POS System Not Named Square

New York City-based ShopKeep, which sells point-of-sale software that runs on iPads, has nabbed a big $25 million Series C investment led by Thayer Street Partners. The company says it has 10,000 small-business customers in the U.S. and Canada that pay $49 a month for each iPad-based register they have running the retail checkout software. ShopKeep, which was founded by a former shop owner and has now raised more than $37 million in investment, doesn’t take a cut of transactions.

This article originally appeared on Recode.net.

Will you join us?

Our biggest supporters are our readers — and we’re so grateful to everyone who has made a contribution during our September campaign. We’re less than 1,000 contributions away from reaching our goal for the month, which in turn will allow us to say yes more often when our incredible journalists come to us with questions they want to answer and projects they want to pursue. Will you make a contribution before the month ends and support our policy coverage through 2024 and beyond?

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via