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Craft Beer E-Commerce E-Commerce Platforms Food and Beverage North America Online Portals Restaurants SaaS

Provi Raises $75M in Series C Funding

– Provi is a Chicago IL-based online ordering platform for the for the beverage alcohol industry.
– Company raised $75M in Series C funding.
– The round was led by D1 Capital Partners with participation from Bessemer Venture Partners, Nosara Capital and CPMG and Instacart President Nilam Ganenthiran.
– The new investment will be used to expand throughout the market, hire and scale its platform.

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E-Commerce Food and Beverage Marketing Automation North America Payments Restaurants Retail SaaS Small and Medium Businesses Software Transaction Processing

SpotOn Raises $300 Million in Series E Funding Led by Andreessen Horowitz; Transaction Values Company at $3.15 Billion

– SpotOn, one of the fastest-growing software and payments companies with comprehensive solutions for restaurants and retail businesses, announced $300m in Series E funding, raising its valuation to $3.15bn.
– The funding will be used to acquire Appetize, a leading digital and mobile commerce platform for enterprise businesses, such as sports and entertainment venues, theme parks, zoos, college campuses, and more.

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Harri Raises $30M
Harri Raises $30M
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Unicorn Nest news

Hospitality Hotel Human Resources Information Technology North America Recruiting Restaurants SaaS Software

Harri Raises $30M

– Harri, a platform for enterprise Employee Experience has received a $30m.
– The company has received a significant round of growth financing from Golub Capital.
– The financing will be used to capitalize on the strong momentum in the large enterprise market, accelerate growth into new verticals, and further amplify Harri’s position as the leader in verticalized human capital and workforce management technology space.

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Marketing News North America Restaurants Software

Owner.com serves up $10.7M so that independent restaurants can get cooking

– Owner.com is a free online ordering, delivery and marketing platform for independent restaurants, closed $10.7 million in seed.
– The funding was led by SaaStr Fund, with participation from Redpoint Ventures and Day One Ventures, as well as a group of individual investors including Naval Ravikant, CNBC’s The Profit host Marcus Lemonis, The Kitchen Restaurant Group’s Kimbal Musk, DoNotPay founder Joshua Browder, Figma founder Dylan Field and independent restaurant owners and customers of Owner.com.
– The company provides a free online ordering, delivery and marketing platform for independent restaurants that puts them on similar playing fields with the big guys.
– It is free for restaurants and charges customers a 5% convenience fee when they order from the website.
– The company was founded by Adam Guild, a high school dropout and a Thiel Fellow.

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Communities Delivery E-Commerce Internet Restaurants Southeast Asia

Vietnamese on-demand e-commerce platform Loship raises $12M at a valuation of $100M

– Loship, a Vietnamese on-demand e-commerce platform, raised $12m in pre-Series C funding.
– The round was co-led by BAce Capital, an Ant Group-backed venture firm, and the direct investment unit of Sun Hung Kai & Co Limited.
– Loship offers one-hour deliveries for a large range of products and services, including food, ride-hailing, medicine and B2B supplies.
– The company says it has more than 70,000 drivers and 200,000 merchants, and serves about 2 million customers in Hanoi, Ho Chi Minh City, Da Nang, Can Tho and Bien Hoa.
– Loship is in the process of raising a Series C, expected to close by the end of this year.

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Apps Food Delivery North America Restaurants Software

Notch Raises $10M in Funding

– Notch is a Toronto, Canada-based provider of online restaurant supply chain software solution.
– The company raised $10M in funding.
– The round was led by Accomplice and BDC with participation from MATH Venture Partners, Golden Ventures, The Yield Lab, Garage Capital, Plexo Capital, Agman, Mark MacLeod, Paul Genier, Shannon Lambert, and Jean Genier.
– The new investment will be used to accelerate growth and development of the company’s solution for restaurant chains and food brands.

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Food and Beverage Hospitality North America Payments Restaurants

Bbot Raises $15M in Series A Funding

– Bbot, a NYC-based hospitality tech company, raised $15m in Series A funding.
– The round was led by CRV.
– The company intends to use the funds to accelerate growth and expand developer capabilities.

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Delivery Service E-Commerce Platforms Restaurants South Asia

Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus

– Swiggy, a food delivery startup, raised $1.25bn funding.
– The round was led by SoftBank Vision Fund 2 and Prosus Ventures.
– It includes the $800m investment the Bangalore-based startup had disclosed to employees earlier this year.
– The new financing round gives the six-year-old food delivery startup a post-money valuation of $5.5bn.

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Food and Beverage Food Delivery Restaurants Western Europe

Collectiv Food raises $16M Series A to connect food producers directly with kitchens

– Collectiv Food, a food supply chain startup, raised $16m in Series A funding.
– The round was led by VNV Global and joined by VisVires New Protein, Octopus Ventures, Norrsken VC and existing investors, including Partech, Colle Capital and Mustard Seed.
– The company operates by sourcing food directly from producers, disintermediating the wholesaler middleman, and delivering straight to professional kitchens.
– Customers include Big Mamma Group, The Hush Collection, Dirty Bones, Megan’s, Crussh, Butchie’s, Cocotte, Tossed and Fresh Fitness Food.

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Delivery Service Food and Beverage Food Delivery Marketing Restaurants Supply Chain Management Western Europe

Choco Raises $100M in Series B Funding

– Choco, a Berlin, Germany-based technology company building a connected global food system, raised $100m in Series B funding.
– The round was led by Left Lane Capital and joined by venture capital and private equity firm Insight Partners, with further participation from existing investors Coatue Management and Bessemer Venture Partners.
– The new investment will be used to continue expanding operations, development efforts, continue adding new functionalities that respond to real-time changes in the food services industry, and its business reach growing its existing customer footprint in its six current markets: the United States, Germany, France, Spain, Austria, and Belgium.

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Big Data Hospitality North America Predictive Analytics Restaurants Software

86 Repairs Raises $5.3M in Funding

– 86 Repairs is a platform that automates the end-to-end repair and maintenance process for restaurants, providing actionable insights to improve back-of-house operations.
– The company received $7.3m in Series A funding.
– The round was led by TDF Ventures, Gordon Food Service (GFS), MATH Venture Partners, Revolution, and Cleveland Avenue.
– The new investment will be used to scale up product innovations and accelerate growth.

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North America Restaurants

Local Kitchen Raises $25M in Series A Funding

– Local Kitchen, a San Francisco CA-based company which brings together a mix of local restaurant brands under one roof for takeout and delivery, raised $25M in Series A funding.
– The round was led by General Catalyst, with participation from Human Capital, Pear VC, Fifth Wall and Penny Jar Capital, an early-stage venture firm anchored by Stephen Curry.
– The company intends to use the funds to accelerate expansion plans into new markets throughout California and beyond.

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Coffee Food and Beverage North America Restaurants Retail Robotics

Botrista Closes $10M Series A Funding

– Botrista Technology, a San Francisco CA-based robot-barista company, raised $10M in Series A funding.
– The round was led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation (NASDAQ: MIDD), and PIDC.
– The company intends to use the funds to further ramp up deployment operations to roll-out the DrinkBot nationally.

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North America Restaurants

Local Kitchens Raises $25M in Series A Funding Led by General Catalyst

– Local Kitchens, the digital food hall that brings together a mix of award-winning local restaurant brands under one roof for takeout and delivery, has landed $25 million in Series A funding after a year of rapid growth, bringing the company’s total funding to $28M.
– The round was led by General Catalyst, with support from existing investors, Human Capital and Pear VC. New investors to the company include Fifth Wall and Penny Jar Capital, an early-stage venture firm anchored by Stephen Curry.
– The investment will accelerate Local Kitchens’ expansion plans into new markets throughout California and beyond.
– Launched in the summer of 2020, Local Kitchens’ digital food hall concept quickly gained a following from customers who fell in love with the ability to mix-and-match restaurants in one order.

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Hospitality Information Technology Internet North America Restaurants SaaS Software

Popmenu Raises $65M Funding Round Led by Tiger Global to Accelerate A.I.-Powered Digital Solution for Restaurants

– Popmenu announced a $65m Series C funding round.
– The round was led by Tiger Global Management and includes participation from new investor Salesforce Ventures and existing investors Bedrock Capital, Base10, and Felicis Ventures.
– Popmenu plans to use the funding to accelerate development of its all-in-one solution, Popmenu Max, that builds on patented menu technology and includes A.I.-powered features to help restaurants around the world attract, engage, transact with, and re-market to guests more efficiently than ever before.

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Food and Beverage Local Marketplace North America Restaurants

Shef raises $20M to expand its homemade meal delivery marketplace

– Shef, a marketplace meant to help home chefs connect with customers, handle orders and get the food delivered, raised $20m in Series A funding.
– The round was led by Andreessen Horowitz and backed by Y Combinator, Craft Ventures, M13 and a bevy of celebrities including Padma Lakshmi, Chef Aarón Sánchez, Katy Perry, Tiffany Haddish, Orlando Bloom and NBA All-Star Andre Iguodala.
– The company plans to use the funds to figure out how to get services like theirs legalized in more markets (they’ve hired Danielle Merida, former general counsel for TaskRabbit, to help there), and to onboard chefs as those new markets come online.
– Shef currently has more than 12,000 home chefs on their wait list.

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Developer APIs Food Delivery Mobile Point of Sale Restaurants SaaS Software Western Europe

Foodetective for Business Raises $2M in Seed Funding

– Foodetective is a Geneva, Switzerland- and Paris, France-based provider of an operating platform for the restaurant industry.
– The company raised $2m in seed funding.
– Backers included angel investors Serge Schoen, Filippo Catalano, Imai Jen La Plante, and Charles Lorenceau.
– The new funding will be used to launch the company’s API.

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Mobile Apps North America Restaurants SaaS Scheduling Software

7shifts Raises $21.5M in Series B Funding

– 7shifts, a cloud-based restaurant management platform for restaurant owners, raised $20m in Series B funding.
– The round was led by Enlightened Hospitality Investments (EHI) , the growth equity fund affiliated with Union Square Hospitality Group (USHG), with participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital.
– The new investment will be used to continue scaling its team and expand its product offering, including deepening its capabilities in the core areas of scheduling and employee communication, accelerating technology integrations to provide a more holistic view of one’s business, and rolling out the next generation of tools purpose-built for restaurateurs and their teams.

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Hospitality Marketplace North America Restaurants Retail Wine And Spirits

SevenFifty Raises $23M in Series B Funding

– SevenFifty, a NYC-based provider of web-based and mobile technology solutions for the beverage alcohol industry, raised $23m in Series B funding.
– The round was led by Level Equity.
– The company intends to use the funds for:
– continued development of its software and data services that now span nearly every area of the business;
– for hiring across engineering, customer support, sales, operations, and marketing;
– for enhancing the ability to explore future M&A prospects that could boost its tech capabilities and its market reach.

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Artificial Intelligence Machine Learning North America Restaurants Robotics

Chef Robotics raises $7.7M to help automate kitchens

– San Francisco-based Chef Robotics raised $7.7m in combined pre-seed and seed round.
– The round was led by Kleiner Perkins, Promus Ventures, Construct, Bloomberg Beta, BOLD Capital Partners, Red and Blue Ventures, Gaingels, Schox VC, Stewart Alsop and Tau Ventures.
– The product team includes ex-employees of Cruise, Google, Verb Surgical, Zoox and Strateos.
– The company is building a robotics and vision system destined to increase production volume and enhance consistency, while removing some food waste from the process.

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Food Delivery Online Portals Restaurants SaaS Software Western Europe

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders

– Deliverect, a restaurant food delivery management platform, raised $65m in funding.
– The round was led by DST and Redpoint Ventures, with OMERS, Newion, Smartfin and the founders also participating.
– It brings the total raised by Deliverect to $90m.
– The company processed some $1bn across 30 million orders for its customers in the last year.

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