Foodics
Financials
Estimates*
USD | 2019 | 2020 |
---|---|---|
Revenues | 16.1m | 34.0m |
% growth | - | 111 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
N/A | Seed | ||
$4.0m | Series A | ||
$4.0m | Series A | ||
$2.3m | Series A | ||
$20.0m | Series B | ||
* | $170m | Series C | |
Total Funding | €182m |
Recent News about Foodics
EditFoodics is a technology startup that provides a comprehensive Point of Sale (POS) and restaurant management solution. The company's primary market is the restaurant industry, serving a wide range of clients from fast-growing startups to renowned establishments. Foodics' innovative software allows restaurant owners to manage their front of house operations with ease, flexibility, and precision.
The company's business model revolves around its proprietary software, which integrates various aspects of restaurant management. This includes inventory management, sales tracking, and customer data compilation. The software also allows for seamless integration of front of house and kitchen staff, reducing unnecessary delays and mistakes.
Foodics also offers a unique feature, Foodics Pay, which integrates with the Cashier App to provide customers with a fast and secure checkout experience. This feature, along with the company's ability to compile customer data and offer targeted rewards, gift cards, and loyalty programs, helps restaurants better serve their customers and increase customer loyalty.
The company operates on a subscription-based model, generating revenue through monthly or annual fees paid by restaurants for using the software. The software is designed to be user-friendly, with a good user interface and easy navigation, making it a preferred choice for many restaurants.
In summary, Foodics is a tech startup that offers a comprehensive restaurant management solution, helping restaurants streamline their operations, improve customer service, and increase efficiency.
Keywords: Restaurant Management, Point of Sale, Inventory Management, Sales Tracking, Customer Data, Loyalty Programs, Secure Checkout, Subscription-Based, User-Friendly, Tech Startup.