What is Allset?
Headquartered in Los Angeles, California, Allset was founded in 2015 with the mission to simplify everyday dining through technology. The company specializes in a pre-ordering platform for sit-down restaurant meals, offering seamless contactless pickup and dine-in experiences. Allset has established a robust network, partnering with over 3,500 restaurants across major US cities and expanding its technological solutions to North America, Europe, and Asia. Its dual B2B and B2C approach targets both restaurants seeking to enhance operational efficiency and diners desiring convenient meal solutions.
How much funding has Allset raised?
Allset has raised a total of $18.1M across 5 funding rounds:
Angel/Seed
$1.5M
Other Financing Round
$1M
Angel/Seed
$2.4M
Series A
$5M
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 Metamorphic Ventures, Andreesen Horowitz, FJ Labs, and SMRK VC Fund
Series A (2017): $5M featuring SMRK VC Fund, Compound, Andreessen Horowitz, Vaizra Investments, FJ Labs, and Greycroft Partners
Series B (2020): $8.3M backed by Andreessen Horowitz, European Bank for Reconstruction and Development, Greycroft Partners, SMRK VC Fund, and Inovo Venture Partners
Key Investors in Allset
SMRK VC Fund
SMRK VC Fund is a venture investment firm based in Kyiv, Ukraine, with a focus on AdTech, Mobile Technology, and FinTech. The firm was established in 2013.
Andreessen Horowitz
Andreessen Horowitz, often referred to as a16z, is a prominent venture capital firm based in Menlo Park, California, known for investing in both early-stage startups and growth-stage companies across various technology sectors.
Greycroft Partners
Greycroft Partners is a venture capital firm specializing in investments within the internet and mobile markets, leveraging its extensive network to support portfolio companies' growth and market penetration.
What's next for Allset?
The recent major strategic investment signals Allset's transition into a scaling phase, likely focusing on expanding its restaurant partnerships, enhancing its technological infrastructure, and potentially entering new geographic markets. With substantial backing, the company is well-positioned to further innovate its platform, optimize user experience, and solidify its presence in the global food service industry. Future developments may include deeper integration with restaurant POS systems, advanced data analytics for partners, and expanded delivery or catering services.
See full Allset company page
