Troutman Pepper represented Quantic, a cloud-based point of sale platform company, in completing its seed round of $1.6M, receiving funding from Payroc, Voyages VC, and Ben Franklin Technology Partners. Read a company press release about the financing.
Quantic provides custom and intelligent data-driven solutions to help business owners streamline their sales operations. The platform offers options to sell in brick-and-mortar, e-commerce, self-ordering, or kiosk environments.
With the capital secured, Quantic will continue to scale both the deployment process of its surcharging Smart Terminal and the product growth of its powerful, portable Quantic Lite POS this year. This funding will also support research and development, ensuring the best user experience from the Quantic family of products.
The Troutman Pepper team advising Quantic was led by Partner Thomas Dwyer and included Associates Ethan Zook and Jake McDonough; and Paralegal Dawn Hall.