Tellermate
- Company typePrivate
- Founded1984
- HeadquartersNewport, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Tellermate firmographics
Firmographics- Name
- Tellermate
- Legal name
- Tellermate
- Website
- https://tellermate.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Tellermate industry classification
Industry- Product category
- Cash Management Solutions
- NAICS
- Commercial and Service Industry Machinery Manufacturing (3333), Totalizing Fluid Meter and Counting Device Manufacturing (334514)
- akta.pro primary industry
- Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE)
- akta.pro secondary industries
- Retail Cash Deposit & Smart Safe / Cash Recycling Solutions (FSAMAOAG), Retail Cash Handling Controls & Safe Management Support (BPAKAJAK)
Keywords
Where Tellermate is headquartered
LocationHeadquarters
- HQ city
- Newport
- HQ country
- United Kingdom
- HQ region
- Europe
Offices8 records
Markets served
Tellermate business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Hardware Sales: Sale of cash counting machines (T-ix, Touch), intelligent cash drawers (LiveDrawer), smart safes (LiveSafe/LSi), and accessories including printers
- Software Subscriptions: Cloud-based Viewer software and LiveDrawer Manager platform for cash management analytics and reporting, typically sold as part of hardware bundle or add-on subscription
- T-cover Service Packages: Extended warranty and service plans including swap-out service, currency updates, accessory coverage, and accidental damage protection
- Professional Services: Consultative deployment, training, and support services including train-the-trainer programs and customized training materials
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Tellermate product offering
Product offeringCore offering
Tellermate manufactures and supplies cash management hardware, including cash counters, smart safes, and intelligent cash drawers, alongside supporting software for retail and food service operators. Its solutions automate cash counting, reconciliation, and secure cash handling at the point of sale and in back-office cash rooms.
Product overview
Tellermate is a cash management technology company offering a portfolio of hardware and software products. The core hardware lineup includes T-iX (portable money counting machine) and Touch (touchscreen cash counter with cloud connectivity), both using proprietary count-by-weight technology. The smart safe product LiveSafe provides secure daytime cash storage and counterfeit detection. The intelligent cash drawer LiveDrawer integrates weight-based counting directly into the POS drawer for real-time reconciliation. Software platforms include LiveDrawer Manager for multi-store cash visibility and anomaly detection, and Viewer for cloud-based cash count data access. These products work standalone or together as an integrated ecosystem: Touch serves as the primary counting device, LiveDrawer enables real-time POS-level counting, LiveSafe provides secure storage, and both hardware solutions feed data to the Viewer/LiveDrawer Manager software for HQ-level reporting and loss prevention insights. The company emphasizes rapid ROI (months) and serves retail, grocery, QSR, convenience store, and banking sectors globally with over 40 years of industry experience.
Differentiator
Problem solved
Functional benefit
Brands
- T-iX: Money counting machine for accurate cash counting
- Touch
- LiveSafe
- LiveDrawer
- LiveDrawer Manager
- Viewer
- T-cover
Quantifiable outcome
- Reduce cash counting time from 30 minutes to 60 seconds
- +5 more outcomes
Companies that use Tellermate
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles1 record
Tellermate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature8 records
Tellermate partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SGSminorTellermate is SGS certified, listed in the SGS certified clients portal (certifiedclientsportal.sgs.com). SGS is a leading inspection, verification, and testing company.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Tellermate competitors and assessment
Company assessmentDirect peers
- Glory Global Solutions: Glory is a leading global manufacturer of cash handling equipment, including money counters, cash recyclers, and coin/bill processing machines sold to retail, banking, and QSR customers. Direct competitor to Tellermate's Touch and T-iX product lines, with broader presence in cash recyclers and larger global footprint.
- Cummins Allison: Cummins Allison manufactures coin and currency counters, sorters, and cash management solutions for retail, financial institutions, and gaming. Direct comparable to Tellermate's count-by-weight hardware with similar enterprise customer profiles and counter-based technology.
- Tidel (acquired by Berkshire Hathaway): Tidel is a leading US smart safe and cash management solutions provider for retail and QSR customers. Directly competes with Tellermate's LiveSafe smart safe line and serves overlapping customer segments in c-stores and quick-service restaurants.
- Magner Corporation: Magner manufactures coin and currency counters used by retailers, banks, and government agencies. Direct competitor in the entry/mid-tier cash counting hardware category that overlaps with Tellermate's T-iX product line.
- FireKing Security Group: FireKing manufactures safes, cash drawers, and cash management solutions for retail, restaurant, and convenience store operators. Comparable to Tellermate's cash drawer and safe products, serving similar SMB and mid-market retail verticals.
Broad incumbents
- De La Rue: De La Rue is a large UK-based currency and authentication solutions provider offering cash processing equipment and banknote security features. Comparable to Tellermate as a cash-handling technology vendor with broader exposure to central banks and currency production.
- Loomis: Loomis is a global cash-in-transit and cash management services company offering CIT, vaulting, and smart safe solutions. Provides adjacent/competing cash management technology to Tellermate's enterprise retail customers at much larger scale and broader service network.
- Brink's: Brink's is a global secure logistics and cash management provider with smart safe, CIT, and vault management offerings. Comparable as a broad incumbent in the cash management ecosystem serving many of the same retail and banking customers as Tellermate.
- Gunnebo: Gunnebo is a Swedish security and cash handling solutions provider offering safes, cash deposit systems, and electronic security for retail and banking. Comparable to Tellermate's LiveSafe smart safe and broader retail cash handling portfolio.
Emerging players
- Ratiotec: Ratiotec is a European-based provider of cash counting and counterfeit detection solutions targeting retail and hospitality customers. Emerging direct competitor in European markets with overlapping customer segments to Tellermate's German and continental European footprint.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Tellermate social profiles
Digital presenceTellermate compliance and trust
Trust signalCompliance1 record
Tellermate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tellermate leadership team
Management profileNumber of profiles
Tellermate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tellermate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tellermate
What does Tellermate do?
Tellermate manufactures and supplies cash management hardware, including cash counters, smart safes, and intelligent cash drawers, alongside supporting software for retail and food service operators. Its solutions automate cash counting, reconciliation, and secure cash handling at the point of sale and in back-office cash rooms.
Is Tellermate a public or private company?
Tellermate is a private company. It is classified as private equity controlled and is currently operating.
When was Tellermate founded?
Tellermate was founded in 1984. It employs 101 to 250 people.
Where is Tellermate based?
Tellermate is headquartered in Newport, United Kingdom, in the Europe region.
How does Tellermate make money?
Four revenue lines are on record. Hardware Sales are the primary driver. The others are software Subscriptions, T-cover Service Packages and professional Services.
Who are Tellermate's main competitors?
Direct peers on record are Glory Global Solutions, Cummins Allison, Tidel (acquired by Berkshire Hathaway), Magner Corporation and FireKing Security Group. Broad incumbents are De La Rue, Loomis, Brink's and Gunnebo. Ratiotec is listed as an emerging player.
Does Tellermate have an API?
No public API is recorded for Tellermate.
What industry is Tellermate in?
Tellermate's product category is Cash Management Solutions. Its primary akta.pro industry code is HDACAKAE, Cash Drawers, Cash Handling & Coin/Bill Counters, with a secondary code of FSAMAOAG, Retail Cash Deposit & Smart Safe / Cash Recycling Solutions. Its NAICS code is 3333.