Lloyd, CEO of Bypass, has grown his company in seven years from a startup featuring mobile food ordering in minor league baseball to a leading supplier of POS software, compiling data that teams and food providers use to better know customers.

Over the past few years, Bypass found the right solution for its mobile products, developing a cloud-based POS system using tablets as the new cash register. The company has deals with most big league concessionaires spanning about 200 professional and college sports facilities.

Along the way, Bypass picked up high-profile investors such as Nolan Ryan, Casey Wasserman, Red McCombs, eBay and AEG.

Their investments have paid off. Last year, Bypass shipped more POS terminals than competitors Micros and NCR combined, according to Lloyd.

For Lloyd, it all started in college when he formed Off Campus Solutions during his senior year at the University of Virginia. OCS partnered with local merchants in Charlottesville to expand the use of stored-value cards students held to buy food, books and other things on campus.

“There’s about a billion dollars in stored value in student ID cards in any given year across the U.S.,” he said. “That project took me deep into the weeds in transaction processing and financial technology, which was the basis for how and why we got into Bypass.”

In 2006, Lloyd sold the company to Sodexo, a prominent concessionaire in the college space.

Lloyd had moved to Austin, Texas, to work for Sodexo, and he started Bypass in May 2010. His initial investors included Ryan, the Hall of Fame pitcher, and his two sons, baseball executives Reid and Reese Ryan. Bypass’ first client was the Dell Diamond, home of the Round Rock Express, a Class AAA team owned in part by Ryan-Sanders Baseball, which is co-owned by the Ryan family and local businessman Don Sanders.

— Don Muret