Fundraising Fox

TipHaus

Seattle, US · Founded 2019 · Delaware corporation · 3 known investors

TipHaus provides software that automates tip calculations, distributions, and reconciliation for restaurants, bars, and other hospitality businesses. Its product suite includes financial tools like HausMoney for daily payments and rewards tailored to service industry workers.

Founders & leadership

TipHaus was founded in 2019 by Leif Magnuson and Kirk Grogan.

LM
Leif MagnusonCo-founder & CEO
KG
Kirk GroganCo-founder & COO
MG
Macgregor GainorNamed on SEC filing
TB
Taylor BirkelandNamed on SEC filing

Investors · 3

Reported raises · per SEC filings

Form D private placements

$4.5M disclosed across 2 rounds · 2022–2023

$3.5MraisedMar 2023 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan VolbergDirector
  • Brendan WalesDirector
  • Kirk GroganExecutive Officer
  • Leif MagnusonExecutive Officer, Director, Promoter
  • Macgregor GainorExecutive Officer
  • Taylor BirkelandExecutive Officer
Offering amount
$3.6M
Amount sold
$3.5M
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedFeb 2022 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Macgregor GainorDirector
  • Taylor BirkelandDirector
  • Leif MagnusonExecutive Officer, Director, Promoter
Offering amount
$1.8M
Amount sold
$1M
First sale
Feb 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 9

by search overlap
7shifts660 shared keywords7shifts is a scheduling and payroll platform built for restaurant teams, offering an app and restaurant-specific tools to manage staff, reduce errors, and control labor costs. It serves over 55,000 restaurants.
homebase314 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
Toast284 shared keywordsToast provides a restaurant management platform combining point-of-sale hardware (Flex POS, Toast Go 3 handheld) with software tools for online ordering, payroll, and other operations. It serves restaurants and restaurateurs across the food service industry.
SpotOn267 shared keywordsSpotOn is a cloud-based restaurant management system and point-of-sale platform for restaurant operators, offering online ordering, reservations, labor management, and AI-powered financial analysis. The company serves independent and small chain restaurants seeking integrated hospitality technology with 24/7 support.
Paycor266 shared keywordsPaycor provides human capital management and payroll services for business leaders and frontline managers. The platform offers talent management, workforce management, benefits administration, and compliance tools.
Touchbistro266 shared keywordsTouchBistro is an all-in-one POS and restaurant management system that provides restaurateurs with payment processing, online ordering, reservations, and related tools. The platform helps restaurant operators increase sales, improve guest experiences, and reduce operational costs.
Kickfin250 shared keywordsKickfin provides software that automates tip management for restaurants, handling tip calculation, tip pooling, cash payouts, and instant payment of tips to employees' bank accounts. The platform integrates with POS and payroll systems and helps hospitality operators manage compliance, auto-gratuities, and service charge distribution.
Square222 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
OnPay212 shared keywordsOnPay provides online payroll, HR, and benefits management software for small businesses, handling pay runs, tax calculations, deductions, and compliance. It integrates with accounting software, 401(k) plans, and benefits tools to keep business operations in sync.

Companies competing with TipHaus for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does TipHaus do?
TipHaus provides software that automates tip calculations, distributions, and reconciliation for restaurants, bars, and other hospitality businesses. Its product suite includes financial tools like HausMoney for daily payments and rewards tailored to service industry workers.
Who founded TipHaus?
TipHaus was founded by Leif Magnuson, Kirk Grogan in 2019.
Who are TipHaus's investors?
TipHaus's investors include Breakwater Ventures, FUSE, SeaChange.
How much funding has TipHaus raised?
TipHaus has disclosed $4.5M raised across 2 rounds.
Where is TipHaus headquartered?
TipHaus is headquartered in Seattle, US.