Cantaloupe, Inc. Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

522 Cantaloupe, Inc.

Cantaloupe, Inc. Strengths, Domain Expertise, and Key Differentiators

The company places a strong emphasis on innovation, providing contactless payment platforms and smart vending management solutions that help optimize operations and enhance user experiences. Through the acquisition of SB Software and partnerships with other companies, Cantaloupe has successfully expanded its operations in European and North American markets, making it a global player in the industry. The Seedâ„¢ Vending Management Platform offers comprehensive solutions for inventory management, vending operations, and reporting, improving operational efficiency and enabling businesses to increase profitability. The company's software utilizes IoT technologies and advanced analytics to monitor vending machine performance, allowing operators to make data-driven decisions.

Cantaloupe, Inc. has years of experience and trust from large businesses that use its vending solutions across various industries, including hospitality, retail, and food services.

Cantaloupe, Inc. Recent Developments

Cantaloupe, Inc. formed a partnership with Fundbox to introduce Cantaloupe Capital, a program designed to provide financial support to small businesses in the unattended retail sector. The company also announced enhancements to its Seed Vending Management System to improve its functionality and user experience for vending operators.

Cantaloupe, Inc. Mergers and Acquisitions (M&A) Activities

On September 9, 2024, Cantaloupe, Inc. expanded its European presence by acquiring SB Software Limited, a leading provider of software solutions for managing vending machines and coffee services in the UK and Ireland.

Cantaloupe, Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cantaloupe, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Cantaloupe, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Seed Live, Seed Cashless+, Seed Pro, Seed Markets customers.

Cantaloupe, Inc. Overview

100 Deerfield Lane Suite 300

Malvern, PA, 19355, United States

1 610-989-0340

https://www.cantaloupe.com/


Ownership: - NASDAQ: CTLP

Number of Employees: 348

Functional Markets: CRM, ERP Financial, ERP Services and Operations, SCM,

Key Verticals: Leisure and Hospitality, Professional Services, Retail,

Cantaloupe, Inc. Key Enterprise and Cloud Applications

Seed Live, Seed Cashless+, Seed Pro, Seed Markets

Cantaloupe, Inc. Revenues, $M:

Type/Year20232024YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Cantaloupe, Inc. Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Cantaloupe, Inc. Revenues By Region, $M

Region% of Total Revenues2024 Total Revenues, $M2024 Enterprise Applications Revenues, $M2024 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Cantaloupe, Inc. Direct vs Indirect sales

TypeDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Cantaloupe, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Cantaloupe, Inc. Customers


No. of Cantaloupe, Inc. Customers: 30000

No. of Cantaloupe, Inc. Enterprise Applications Customers: x

No. of Cantaloupe, Inc. Cloud Customers: x

No. of Cantaloupe, Inc. Cloud Subscribers: x


Cantaloupe, Inc. serves diverse markets including vending, micro markets, vehicle services, amusement, entertainment, and laundry sectors. With 30.000 customers, including the recent adoption by Buffalo Rock Company, one of the largest single family-owned Pepsi and Dr Pepper bottlers in the United States, Cantaloupe provides end-to-end technology solutions for self-service commerce. Leveraging integrated platforms and payment optimization services, Cantaloupe is well-positioned to capitalize on the growing demand for cashless and automated transactions across various industries.

Cantaloupe, Inc. Market Opportunities, M&A and Geo Expansions

Cantaloupe, Inc. plans to continue developing and launching new products throughout 2025. The company is actively investing in innovations to improve its contactless payment platforms and vending management solutions. Cantaloupe is working on enhancing its Seedâ„¢ Vending Management System, which will provide operators with better analytics and insights for optimizing their operations. Continues to develop IoT technologies for monitoring and managing vending machines, including new sensors and connected devices to increase efficiency and reduce costs. It aims to expand its offerings for cashless payment systems, enhancing ease of transactions and increasing the adoption of new technologies in unattended machines. With these initiatives, Cantaloupe, Inc. aims to maintain its leadership in the industry and meet the evolving needs of the market.

Cantaloupe, Inc. Risks and Challenges

The unattended retail solutions industry is highly competitive, and new entrants or innovations from existing competitors could increase pressure on Cantaloupe, affecting its market position and profitability. The fast pace of technological innovations and new contactless platforms may require continuous investment in research and development. The company needs to adapt to these changes and ensure its solutions remain relevant in the market. Changes in regulatory standards in various countries where the company operates, as well as new rules regarding payments and data protection, could create challenges and impact how Cantaloupe conducts its business. As a technology company working with payment platforms and data processing, Cantaloupe is exposed to the risk of cyberattacks or security breaches, which could damage the company’s reputation and lead to financial losses. The company relies on partners and suppliers for providing software solutions and hardware components. Disruptions in the supply chain or issues with partnerships could negatively impact the company's operational capabilities.

Cantaloupe, Inc. Ecosystem, Partners, Resellers and SI

Cantaloupe, Inc., a digital payments and software services company, has established a robust ecosystem through various strategic initiatives. The company recently launched the Cantaloupe International Partners program (CIP), aiming to support high-performing retailers outside the U.S. in expanding their unattended retail offerings. Through CIP, retailers gain access to Cantaloupe's industry-leading product innovation, SaaS offerings, and localized payment processing solutions. Additionally, Cantaloupe has expanded its partnership with GlobalConnect, offering a unique micro market kiosk program called Bistro to Go! By Cantaloupe, which combines Cantaloupe's Seed software platform and Yoke self-checkout kiosks. This collaboration provides a seamless user experience and aims to offer cost-effective solutions for operators. Moreover, Cantaloupe's partnership with Canteen of Northern California demonstrates its commitment to supporting operators through business transitions and growth. By leveraging Cantaloupe's full suite of solutions, including G11 card readers and the Seed Pro vending management system, CNC has experienced significant cost savings and increased revenue. These initiatives highlight Cantaloupe's position as a technology and software leader in the unattended retail market, catering to operators of all sizes and fostering growth and innovation within the industry.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

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