What is Restaurant Manager?
Founded in 1987, Action Systems, Inc. specializes in providing open-architecture software solutions tailored for the restaurant industry. Its flagship product, Restaurant Manager, is a comprehensive POS system designed to meet the diverse needs of various foodservice operations, from table service to quick-service and chain establishments. With a robust network of over 150 value-added resellers across North America and internationally, ASI has built a strong foundation for delivering its technology solutions to a global clientele. The company's commitment to evolving its POS product line demonstrates its adaptability within the dynamic restaurant technology landscape.
How much funding has Restaurant Manager raised?
Restaurant Manager has raised a total of $330K across 2 funding rounds:
Debt
$150K
Debt
$180K
Debt (2020): $150K with participation from PPP
Debt (2021): $180K led by PPP
Key Investors in Restaurant Manager
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Restaurant Manager?
The substantial late-stage funding and recent strategic investment position Action Systems, Inc. for accelerated growth and potential market consolidation. This capital infusion is likely to fuel further product development, enhance sales and marketing initiatives, and potentially support expansion into new geographical markets or vertical segments within the foodservice industry. The company's focus on open-architecture solutions suggests a strategy aimed at integration and interoperability, which could be a key differentiator in attracting further strategic partnerships and enterprise-level clients. Continued innovation in its POS offerings will be crucial for maintaining its competitive edge.
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