How Much Did Allset Raise?
Funding & Key Investors

Allset, a prominent player in the food technology sector, has successfully navigated multiple rounds of capital infusion to solidify its market position. With a cumulative financial backing reaching $18.1M, the company has demonstrated a consistent growth trajectory since its inception. The most recent strategic investment of $8.3M underscores the confidence institutional backers maintain in the platform's ability to streamline the dining experience through its proprietary pre-ordering technology.

This latest injection of capital serves as a pivotal milestone, enabling the firm to expand its operational footprint and enhance its B2B and B2C service offerings across North America, Europe, and Asia.

What is Allset?

Allset
SoftwareMobile App DevelopmentData Collection & Internet Portals

Headquartered in Los Angeles, Allset operates as a sophisticated food pre-ordering platform designed to eliminate friction in the dining process. By connecting local restaurants with tech-savvy diners, the company facilitates seamless sit-down meal scheduling, contactless pickup, and dine-in coordination. Since its founding in 2015, Allset has scaled its network to include over 3,500 restaurant partners. The platform functions as a critical digital infrastructure provider, leveraging mobile and web-based solutions to optimize restaurant throughput and improve consumer convenience in an increasingly digital-first food service landscape.

How much funding has Allset raised?

Allset has raised a total of $18.1M across 5 funding rounds:

2015

Angel/Seed

$1.5M

Other Financing Round

$1M

2016

Angel/Seed

$2.4M

2017

Series A

$5M

2020

Series B

$8.3M

Angel/Seed (2015): $1.5M with participation from SMRK VC Fund

Other Financing Round (2015): $1M led by SMRK VC Fund and Alexandr Chernyak

Angel/Seed (2016): $2.4M supported by FJ Labs, Metamorphic Ventures, Andreesen Horowitz, and SMRK VC Fund

Series A (2017): $5M featuring Andreessen Horowitz, Greycroft Partners, Compound, SMRK VC Fund, Vaizra Investments, and FJ Labs

Series B (2020): $8.3M backed by European Bank for Reconstruction and Development, Greycroft Partners, SMRK VC Fund, Andreessen Horowitz, and Inovo Venture Partners

Key Investors in Allset

SMRK VC Fund

A venture investment firm established in 2013 that focuses on high-growth sectors including AdTech, Mobile Technology, and FinTech.

Greycroft Partners

A leading venture capital firm specializing in internet and mobile markets, leveraging an extensive network to help entrepreneurs build successful, scalable businesses.

Andreessen Horowitz

A prominent venture capital firm that invests in both early-stage startups and established growth companies across the technology landscape.

What's next for Allset?

Following the recent strategic financing, Allset is well-positioned to accelerate its enterprise-level expansion. The company's roadmap likely focuses on deepening its penetration in existing urban markets while refining its contactless technology suite to meet evolving consumer expectations. By leveraging its robust network of institutional partners, Allset is poised to further integrate its services into the broader hospitality ecosystem, potentially exploring new B2B efficiencies that could redefine the standard for restaurant-to-consumer interactions in the post-pandemic economy.

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Frequently Asked Questions Regarding Allset Financial Insights

What are the most recent funding rounds that Allset has completed, and what were the funding rounds?
Allset has recently completed 3 funding rounds: Series B on Mar 31, 2020, Series A on Oct 16, 2017, Angel/Seed on Sep 19, 2016.
What is the total amount of funding Allset has raised to date?
Allset has raised a total of $18.1M in funding to date.
How many funding rounds has Allset completed?
Allset has completed 3 funding rounds.
How much funding did Allset raise in its most recent funding round?
Allset raised $8.3M in its most recent funding round.
Who are the lead investors in Allset's latest funding round?
The lead investor in Allset's latest funding round was European Bank for Reconstruction and Development. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Allset's history?
The largest funding round in Allset's history was $8.3M.
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