Square - About the company
Square is a public company based in San Francisco (United States), founded in 2009 by Jim McKelvey, Jack Dorsey and . It operates as a Provider of POS solutions for retail businesses. Square has raised $520M in funding from investors like Victory Park Capital Advisors, Sequoia Capital and Khosla Ventures. The company has 3583 active competitors, including 323 funded and 388 that have exited. Its top competitors include companies like Stripe, PayPal and Flutterwave.
Sectors and market segments that Square operate in
Square serves in the B2B, SaaS space in the FinTech, Retail market segments.The primary business model of Square are:Company Details
Provider of POS solutions for retail businesses. Its features includes live chat, online ordering, payments, delivery management, shipment, and more. It offers solutions for grocery stores, restaurants, cafes, and more.
- Website
- Social
- Phone Number
- +1
- Part Of
Key Metrics
Founded Year
2009
Location
San Francisco, United States
Stage
Public
Total Funding
in 12 rounds
Latest Funding Round
Investors
Ranked
5th among 3583 active competitors
Annual Revenue
as on Dec 31, 2022
Employee Count
as on Dec 31, 2024
Investment & Acquisitions
GoParrot &
Similar Companies
&
Exit Details
Public
Legal entities associated with Square
Square is associated with 7 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Jun 07, 2023 | - | 325 | 488 | |
- | 347 | 740 | ||
Jun 04, 2007 | $82.7K (as on Dec 31, 2022) | 616 | 513 | |
Dec 05, 2013 | - | 566 | 451 | |
Nov 13, 2019 | $4 (as on Dec 31, 2020) | 228 | 218 | |
Feb 02, 2021 | $17.5B (as on Dec 31, 2022) | 877 | 212 | |
Sep 26, 2022 | $3.81K (as on Sep 30, 2023) | 534 | 460 |
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Square's funding and investors
Square has raised a total funding of $520M over 12 rounds. Its first funding round was on Dec 01, 2009.
Square has 59 institutional investors including Victory Park Capital Advisors, Sequoia Capital and Khosla Ventures. Ashton Kutcher and 1 other are Angel Investors in Square.
Here is the list of recent funding rounds of Square:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Mar 03, 2020 | $1B | Post IPO | - | - | - |
Jul 05, 2018 | $862M | Post IPO | - | - | |
May 12, 2015 | Undisclosed | Series E | - | - |
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Square's founders and board of directors
The founders of Square are Jim McKelvey, Jack Dorsey and . Jack Dorsey and are the CEO of Square. Jim McKelvey has founded 10 more companies including JAM FINTOP, Rich Mentality Apparel and . Jack Dorsey has founded 3 more companies - Twitter Ventures, and .
View details of Square's Founder profiles and Board Members
Square's employee count trend
Square has 11,372 employees as of Dec 24. The total employee count is 12.4% lower than what it was in Dec 23. Here is Square's employee count trend over the years:
Uncover Square's growth story! Sign up today!Square's Competitors and alternates
Top competitors of Square include Stripe, PayPal and Flutterwave. Here is the list of Top 10 competitors of Square, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Stripe 2009, San Francisco (United States), Series I | Payment processing and card issuance solutions for businesses | $9.81B | Kleiner Perkins, Silver LakeÌý&²¹³¾±è;Ìý | 90/100 |
2nd |  PayPal 1998, San Jose (United States), Public | A platform offering online payment solutions for consumers and businesses | $216M | Goldman Sachs, Elliott ManagementÌý&²¹³¾±è;Ìý | 87/100 |
3rd | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment processing solutions for businesses | $489M | Glynn Capital, Insight PartnersÌý&²¹³¾±è;Ìý | 85/100 |
4th | PayU 2002, Amsterdam (Netherlands), Acquired | Payment gateway platform for consumers and businesses | - | 84/100 | |
5th | Square 2009, San Francisco (United States), Public | Provider of POS solutions for retail businesses | $520M | RBC Capital Markets, Goldman SachsÌý&²¹³¾±è;Ìý | 78/100 |
6th | Lightspeed 2005, Montreal (Canada), Public | Cloud-based POS management software for restaurants and retailers | $292M | Hercules Capital, SVBÌý&²¹³¾±è;Ìý | 82/100 |
7th | Wright Express 1983, Portland (United States), Public | Provider of employee benefit administration solutions for enterprises | - | First Analysis, Warburg PincusÌý&²¹³¾±è;Ìý | 80/100 |
8th | Adyen 2006, Amsterdam (Netherlands), Public | Payment issuance and processing solutions for businesses | $266M | General Atlantic, EDBIÌý&²¹³¾±è;Ìý | 79/100 |
9th | Payment processing solutions for merchants and businesses | $191M | Hermes GPE, SEBÌý&²¹³¾±è;Ìý | 78/100 | |
10th | ShopKeep 2008, New York City (United States), Acquired | Provider of PoS software for retailers | $162M | Canaan, Ìý&²¹³¾±è;Ìý | 78/100 |
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Square's Investments and acquisitions
Square has made 10 investments in companies including MOVii and TRM. Square has also acquired 25 companies including GoParrot and Afterpay. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 18, 2022 | Acquisition | 2017 | New York City, United States | |
Feb 09, 2022 | Investments | 2002 | Bogota, | |
Dec 07, 2021 | Investments | 2018 | San Francisco, United States |
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Reports related to Square
Here is the latest report on Square's sector:
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News related to Square
Media has covered Square for a total of 52 events in the last 1 year, 24 of them have been about company updates and 14 about partnerships.
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svdaily.com•May 02, 2025•Square
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PYMNTS.com•May 01, 2025•Square
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Global FinTech Series•Apr 30, 2025•Square
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PYMNTS.com•Apr 25, 2025•Square
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Square
When was Square founded?
Square was founded in 2009.Where is Square located?
Square is located in San Francisco, United States.When was the latest funding round of Square?
Square's latest funding round was on Mar 03, 2020.What is the annual revenue of Square?
Annual revenue of Square is €78.4° as on Dec 31, 2022.Is Square a Payments company?
The primary sectors of Square are Payments, In Store Retail Tech, E-Commerce Enablers and Database Technology.Our Lite Plan Awaits you - Its Free!
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