Posnet

What Posnet does

Posnet is a privately held US software company that provides a cloud-based point-of-sale (POS) system purpose-built for restaurant chains and multi-location operators. Founded around 2005 and incorporated as Posnet Inc. in California in January 2010, the company maintains dual operations: software development in Tel Aviv, Israel led by CTO Ofir Weisberg, and US sales, marketing, and support in Agoura Hills, California. The founding team, including CEO Eli Mintz, COO Simchon Faigler, and CFO Doron Alperson, came out of Compugen Ltd (NASDAQ:CGEN) and the Israel Defense Forces' Talpiot program.

The company's core product is a hybrid cloud/local POS architecture featuring a proprietary two-way data synchronization mechanism between local restaurant servers and remote Posnet servers every five minutes. This design delivers local computing speed with cloud-based resilience, allowing restaurants to continue operating during internet outages. Built on this platform is an integrated product suite: the core POS plus modules for online ordering, call center order management, delivery dispatch, business intelligence (POSnet Connect), a franchisor/multi-operator corporate console, and three specialized interfaces for quick serve, table serve, and bar operations. A public API enables third-party integrations with payment processing, EMV, gift cards, vendor invoices, digital menu boards, loyalty programs, and online ordering. The hosting environment is PCI DSS certified.

Posnet operates on an all-inclusive SaaS subscription model priced per restaurant location regardless of terminal count, with software updates, hardware support, and 24/7 emergency support included in the monthly fee and no separate module purchases required. The go-to-market is direct enterprise sales targeting large chains and multi-location operators, accessible via toll-free phone (1-866-9POSNET) and a sales email channel. The firm is founder-led with 1-10 employees, no disclosed external funding, no named customers, and no disclosed partnerships, suggesting a small, self-funded operating footprint.

Name

Posnet

Legal name

Posnet Inc.

Website

https://www.posnet.us/

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Posnet is a private SaaS company that offers a hybrid cloud/local restaurant POS system for multi-location chains and franchisors, sold via all-inclusive per-location subscriptions with integrated online ordering, call center, delivery, and BI modules.

Ownership category

akta.pro rank

Product category

Restaurant Point of Sale Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Point-of-Sale (POS) & On-Property Commerce (THALACAI)

akta.pro secondary industry

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

Keywords

• Restaurant point of sale
• Cloud POS system
• POS software
• Online ordering platform
• Restaurant management software

Headquarters

HQ city

Agoura Hills

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. SaaS Subscription - Per Location: Monthly subscription fee per restaurant location regardless of number of terminals. All-inclusive model covering software, automatic updates, and hardware support. No additional charges for after-hours or weekend emergency support calls.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Posnet provides a cloud-based hybrid Point of Sale system for restaurants, pairing a local server with cloud backup and central management synchronized every 5 minutes. The all-inclusive SaaS subscription covers the core POS plus integrated modules for online ordering, call center, delivery management, business intelligence, and Quick Serve/Table Serve/Bar interfaces, priced per location regardless of terminal count.

Product overview

Posnet offers a unified SaaS restaurant management platform consisting of a core POS system (POSnet POS) with integrated add-on modules including Online Ordering, Call Center, Business Intelligence (POSnet Connect), Delivery Management, and an Interface Suite with Quick Serve, Table Serve, and Bar interfaces. The platform also includes a Franchisor/Multi-Operator Console for chain management. All components share a single menu and database through a hybrid local-plus-cloud architecture, with no additional modules required - pricing is per location. The Public API enables third-party integrations with payment processing, gift cards, and other restaurant services.

Differentiator

Problem solved

Functional benefit

Products and services

• POSnet POS Cloud-based hybrid Point of Sale system for restaurants, providing real-time POS operation with comprehensive functions, reports, and automatic software updates. Designed for multi-location chains and franchised operations with all aspects developed internally without third-party middleware.
• POSnet Online Ordering Browser-based online ordering solution with HTML5 responsive design and touch-centric interface. Fully integrated with the in-store POS so orders automatically appear at the restaurant and print in the kitchen, with 2-click reorder capability for customers.
• POSnet Call Center Cloud-based call center fully integrated with POS software. Enables centralized phone ordering that automatically routes to the closest store via customer address validation and prints in the kitchen, with PCI-compliant credit card batching and tip adjustment at the store level.
• POSnet Connect (Business Intelligence) Real-time business intelligence platform delivering interactive drill-down reporting across sales, inventory, labor, and loss prevention. Accessible on any digital device via HTML5 responsive design, with over 100 built-in reports and the ability to create custom reports.
• POSnet Delivery Management Driver dispatch module with route mapping integration, tag printers for error-free packing, and delivery management features including mileage and tip adjustment calculations to coordinate drivers and close out the day efficiently.
• POSnet Interface Suite (Quick Serve, Table Serve, Bar) Three distinct POS interfaces: Quick Serve Interface for fast-food operations with kitchen printer integration, Table Serve Interface for table management with reservations and split payments, and Special Bar Interface with larger fonts and tab management with table transfer capability.
• POSnet Franchisor/Multi-Operator Console Corporate account console sitting above the store level providing centralized access to every location's sales, labor, and inventory data from any internet-connected computer or device, enabling corporate executives and regional managers to oversee multi-location operations.
• POSnet Cloud Platform Hybrid cloud architecture combining local server computing with cloud-based backup and central management. Features two-way data synchronization every 5 minutes, real-time reporting, and automatic silent software updates distributed to all locations simultaneously.

Quantifiable outcome

• Restaurant can be operational with online ordering within 48 hours of signup
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature9 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Toast: Toast is a leading cloud-based restaurant POS platform serving full-service and quick-service restaurants with integrated online ordering, payroll, and marketing. It is the most direct competitor to Posnet's multi-location restaurant POS offering, competing head-to-head for chain and franchise customers.
• TouchBistro: TouchBistro provides an iPad-based POS system for restaurants including tableside ordering, floor management, and integrated payments. It targets the same restaurant vertical as Posnet with similar full-service and quick-service restaurant use cases.
• Lightspeed Restaurant: Lightspeed Restaurant offers a cloud-based POS system for full-service restaurants, quick-service, and bars with inventory and reporting. It directly competes with Posnet in the multi-location restaurant POS space with comparable modules.
• Revel Systems: Revel Systems provides a cloud-based iPad POS for restaurants, including quick-service and table-service, with inventory and labor management. It is a direct competitor to Posnet for multi-location restaurant operators.

Broad incumbents

• Square for Restaurants (Block): Square for Restaurants is the vertical POS arm of Block, offering integrated payments, online ordering, and payroll for restaurants. It competes with Posnet on price and ecosystem simplicity, especially for smaller operators.
• Clover (Fiserv): Clover is a POS and payments platform from Fiserv used widely in restaurants and small businesses with an app marketplace. It is a broader incumbent offering a restaurant POS experience that competes with Posnet's all-inclusive model.
• PAR Technology (Brink POS, Punchh): PAR Technology offers Brink POS, a cloud-native enterprise restaurant POS, along with loyalty and back-office tools. It competes with Posnet for enterprise franchise and chain accounts in the same vertical.
• NCR Aloha (NCR Voyix): NCR Aloha is a long-standing enterprise restaurant POS platform for large chains and franchise operators. Posnet explicitly targets the same multi-location franchise segment with similar enterprise-grade features.

Emerging players

• HungerRush: HungerRush provides POS, online ordering, and digital marketing specifically for pizza and delivery restaurants. It is highly comparable to Posnet's pizza/delivery-vertical specialization and 100+ delivery features.
• Presto (E la Carte): Presto offers restaurant POS and drive-thru voice/AI ordering automation for chain restaurants. It overlaps with Posnet's enterprise restaurant focus and explores adjacent modern automation features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Posnet