Solution Provider News

American Express has announced an agreement to acquire Tock, a restaurants reservations, table, and event management technology provider, from Squarespace for $400 million. In a concurrent announcement, the credit card company also revealed plans to […]

Restaurant management software startup Nory has raised $16 million in a Series A funding round. The funding round was led by Accel and supported by existing investors Cavalry, Playfair, Samaipata, and Triplepoint. This brings Nory’s […]

Dripos, a software platform designed specifically for coffee shops, has secured an $11 million Series A funding round led by Base10 Partners. This funding is part of a broader effort by Dripos to expand its […]

Bite, a leading provider of intelligent kiosk solutions for fast-casual and quick-service restaurants, has announced the successful acquisition of $9 million in Series A funding. The funding round was led by Staley Capital and saw […]

Loop, a San Francisco-based technology startup focused on improving restaurant back-office operations with an “automated delivery intelligence platform,” has announced the closure of a $6 million Seed funding round. The funding round was led by […]

Restaurant technology solution provider Toast, Inc. recently disclosed its financial results for the fourth quarter and the full year of 2023. Despite a net loss of $36 million in the fourth quarter, the company demonstrated […]

Presto Automation, a provider of AI and automation technology for the restaurant industry, has announced the completion of a financing round, securing $6.0 million through the sale of convertible subordinated notes. This financing was led […]

Aniai, a robotics company specializing in kitchen solutions, has successfully raised $12 million in a pre-Series A funding round. The round was led by InterVest, a prominent venture capital firm in South Korea, and included […]