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Restaurant Tech Specials 🍔

Restaurant Tech Specials 🍔
March 17, 2022

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On the corner down the street from my friend’s house in LA, there’s a restaurant that changes concepts, owners, and designs like I change hairstyles–often. It’s tough competing in a city like LA, where rent is sky-high and the clientele is picky. With the ubiquity of social media and online reviews, a good first impression can make or break a business.

The same techies that made everyone a food critic also have ideas to help make every food business a success. While we’ve talked about ghost kitchens and food delivery before, today we’re looking at the companies applying a software-based approach to turn razor-thin margins into big meaty chunks of profit.

   

Image: Popmenu

🥩 Zitti (not to be confused with the delicious baked ziti) helps restaurants manage their vendors, payments, and terms in an all-in-one software platform. The “by restaurateurs for restaurateurs” company is just getting started with a $4MM round raised this month.

🌯 Paerpay offers restaurants a contactless way for customers to pay, and it doesn’t require a whole host of new tech. Guests can scan or text to make payments and, best of all, splitting the check 10 ways is a piece of cake. 

🍤 Popmenu seeks to give mom and pop restaurants the marketing tools they need to compete in today’s landscape. The company offers web design, product photography, contactless dining–and–everything but mom’s meatloaf. 

For more restaurant tech, search companies or fundings using keywords restaurant, software, and PaaS. Bon appétit!

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Since last week, PrivCo has added:
1240 Companies | 267 Funding Activities | 160 M&A Deals

Funding & Deal Highlights:

 

Multiplier raises $60MM from Tiger Global Management

Global HR • Round B • Singapore, Singapore
 

SiFive raises $175MM from Coatue Management

Semiconductors • Equity • San Francisco, CA
 

Nautilus Labs raises $34MM from Microsoft Ventures

Analytics • Equity • New York, NY
 

Truera raises $25MM from Menlo Ventures

Analytics • Round B • Redwood City, CA
 

Liveblocks raises $5MM from BOLDstart Ventures

API • Seed • Wilmington, DE
 

Twelve Labs raises $5MM from Index Ventures

SaaS • Seed • San Francisco, CA
 

OXIO Corp. raises $40MM from Parafi Capital

Blockchain • Round B • New York, NY
 

KayoThera raises $8MM from Accelerator Life Science Partners

Biotechnology • Round A • Princeton, NJ
 

WorkHound raises $12MM from Level Equity 

Feedback • Round A • Chattanooga, TN
 

FlashParking raises $250MM from Vista Equity Partners

Parking • Equity • Austin, TX
 

Avive raises $22MM from Questa Capital Management

Health Care • Round A • San Francisco, CA
 

Linktree raises $110MM from Index Ventures

PaaS • Equity • Collingwood, Australia
 

Webflow raises $120MM from Y Combinator

No-Code • Round C • Mountain View, CA
 

SJ Semiconductor raises $300MM from Hua Capital

Manufacturing • Round C • Jiangyin, China
 

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