TouchBistro

paymentspos/mobile pos

FOUNDING YEAR: 2011
LOCATION: Canada
Last Update: 01/05/2020

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About

TouchBistro is an iPad-based restaurant point-of-sale system enabling owners to manage reservations and take orders instantly. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar.

Focus

PRODUCTS & SERVICES

Quick Service POS, Restaurant POS, Food chain POS, Food Truck POS, Coffee Shop POS, Pizza POS, Stadium POS

REVENUE MODEL

The company generates revenue from License Based Monthly fee

MAIN CLIENTS

Crosstown Pub&Grill

Bee's Knees Bakery Company

Boehmer

Fidel Gastro

Frere Delys

Hapa Izakaya

EXISTING PARTNERSHIPS

Mercury

Cyan

PayPal

Moneris Solution

Premier Payments

SmoothPay

Bluestar

Star Micronics

Apple

Traction

VALUATION / MARKET CAP:

$151.41 M in 2017

TRANSACTIONS VALUE:

$1 B

People

FOUNDERS

Alex Barrotti

Geordie Konrad

BOARD MEMBERS AND ADVISORS

John Albright

NUMBER OF EMPLOYEES

11-50

INVESTORS:

BDC

Canrock Ventures

Difference Capital Financial

Globalive Capital

Huff Capital

JPMorgan Chase & Co.

Just Eat

Kensington Capital Partners

Napier Park Global Capital

OMERS Ventures

Recruit Holdings

Relay Ventures

Round 13 Capital

Walden Venture Capital

KEY EMPLOYEES:

Alex Barrotti(CEO); Toan Dinh(CMO); Geordie Konrad(COO); Bhavin Shah(CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$95.37 M

DATE OF LAST FUNDING

Jun 2018

TOTAL FUNDING COMMENT

The company is planning to use the fund for development of the TouchBistro restaurant operating system, new payment solutions, expansion into new and existing markets, and to double the size of the team over the next year. (June 2018)

SEED & PRIOR FUNDING

$5.6 M

SEED CLOSED ON

Mar 2014

FUNDING SERIES

SERIES A  · $6 M  · Apr 2015

SERIES B  · $13 M  · Oct 2016

SERIES C  · $16.3 M  · May 2017

SERIES D  · $54.47 M  · Jun 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

Canada

Views:

163 VISITORS | 271 VIEWS
LATEST FUNDING ROUND

$95.4 M

TOTAL EMPLOYEES
11-50

About

TouchBistro is an iPad-based restaurant point-of-sale system enabling owners to manage reservations and take orders instantly. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar.

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Momentum+
Traction+
People+
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