What is Scalock?
Headquartered in Tel Aviv, Israel, Scalock operates as a specialized entity within the restaurant technology sector. Despite its lean team of 10 to 19 professionals, the company has demonstrated significant market traction, generating annual revenues in the range of $1M to $5M. Scalock focuses on delivering high-value solutions that address the complex operational requirements of modern dining establishments. By integrating advanced software capabilities into the restaurant workflow, the company provides essential tools that enhance efficiency, streamline management processes, and improve the overall customer experience. Its strategic location in the vibrant Tel Aviv tech ecosystem provides a competitive advantage, allowing the firm to tap into a deep pool of engineering talent and innovation-driven partnerships.
How much funding has Scalock raised?
Scalock has raised a total of $4M across 1 funding round:
Series A
$4M
Series A (2015): $4M with participation from TLV Partners
Key Investors in Scalock
TLV Partners
TLV Partners is an Israeli venture capital firm that invests in early-stage startups, collaborating with innovative entrepreneurs to create category-defining companies. With over $1 billion under management, the firm focuses on exceptional teams that are poised to shape the future across various sectors, including AI, healthcare, and application security.
What's next for Scalock?
Looking ahead, the strategic deployment of this capital will likely focus on aggressive market expansion and product diversification. As Scalock moves deeper into the enterprise segment, the focus will shift toward enhancing its software-as-a-service (SaaS) capabilities and scaling its customer acquisition efforts. The company is expected to prioritize the development of robust, scalable features that cater to larger restaurant chains, thereby increasing its market share and solidifying its position as a key player in the hospitality technology space. Furthermore, the backing from institutional investors provides the necessary runway to explore new geographic markets and invest in research and development, ensuring that Scalock remains resilient against emerging competitors while maintaining its trajectory of sustainable growth.
See full Scalock company page
