Koomi Secures $1.25 Million in Seed Funding and Changes Its Brand Identity

Canadian quick-service restaurant solution provider Koomi POS announced that it will begin operating under a new name: MYR (Master Your Rush).

Alongside this change, MYR has released a new company logo and launched a new website. The rebranding marks a revitalization of corporate vision at a time of accelerated growth for the company, including adoption of its optimum POS technology in more than 1,000 restaurant locations.

MYR’s momentous development reflects the increasing demand for efficient, cloud–based ordering platforms as restaurants transition from in–person dining to online delivery and take–away. MYR also announced its seed capital raise of $1.25 million to support its dynamic growth and continued expansion into the North American QSR franchise market.

The seed funding round was led by Segovia Capital Ltd., a family office recognized for its investments in early–stage technology and software companies across North America.

Lester Fernandes, CEO of Segovia Capital Ltd., has been appointed to the MYR’s Board of Directors effective April 1, 2021with MYR’s CEO David Nadezhdin. Mr. Fernandes brings to the Board decades of financial, entrepreneurial, acquisition, and strategic expertiseand mentorship, particularly in the areas of investment/corporate banking and start–up enterprise. Prior to forming Segovia Capital Ltd., Mr. Fernandes was the CFO of Nuvei Corporation (formerly Pivotal Payments), a leader in electronic payment processing for SMB merchants.