What is TouchBistro?
TouchBistro operates as a comprehensive, cloud-based point-of-sale and restaurant management ecosystem designed to optimize the operational efficiency of modern dining establishments. The platform integrates essential front-of-house, back-of-house, and guest engagement tools into a unified interface, addressing the complex requirements of the hospitality industry. By prioritizing reliability and user-centric design, TouchBistro enables restaurateurs to enhance sales performance, refine guest experiences, and achieve significant cost savings. Its market position is defined by a commitment to technological innovation and robust customer success initiatives, solidifying its role as a critical infrastructure provider for the global restaurant sector.
How much funding has TouchBistro raised?
TouchBistro has raised a total of $345.2M across 9 funding rounds:
Angel/Seed
$1.5M
Series A
$6M
Series B
$17M
Series C
$12.1M
Series D
$72M
Series E
$119.2M
Debt
$109M
Angel/Seed (2014): $1.5M supported by Kensington Capital Partners and WaldenVC
Series A (2015): $6M featuring JUST EAT, Relay Ventures, Difference Capital, and Kensington Capital Partners
Series B (2016): $17M backed by BDC IT Venture Capital, Relay Ventures, Huff Capital, Kensington Capital Partners, and Round13 Capital
Series C (2017): $12.1M with participation from Relay Ventures, BDC Venture Capital, and Napier Park Global Capital
Series D (2018): $72M led by OMERS Ventures, Napier Park Global Capital, Recruit Holdings, Relay Ventures, JPMorgan Chase, and BDC IT Venture Fund
Series E (2019): $119.2M supported by RBC Ventures, Barclays Bank, OMERS Growth Equity, Napier Park Global Capital, JPMorgan Chase, BDC IT Venture Fund, OMERS Ventures, BMO Capital Partners, and Kensington Capital Partners
Debt (2022): $109M featuring Francisco Partners
Key Investors in TouchBistro
Relay Ventures
Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting incumbent industries and creating new markets with the power of mobile computing.
Kensington Capital Partners
Kensington Capital Partners is an investment firm specializing in wealth creation and providing access to high-quality investments for over 25 years.
Napier Park Global Capital
Napier Park Global Capital is a global alternative asset management platform founded in 2013 and based in New York.
What's next for TouchBistro?
With the recent infusion of capital, TouchBistro is well-positioned to accelerate its product roadmap and deepen its penetration into international markets. The company's strategic focus is expected to center on enhancing its data analytics capabilities and expanding its suite of fintech-integrated services. As the hospitality industry continues to digitize, TouchBistro is likely to leverage its strong balance sheet to pursue further operational efficiencies and potentially explore strategic acquisitions that complement its existing software stack. The firm remains focused on maintaining its competitive edge by delivering scalable, high-performance solutions that meet the evolving demands of enterprise-level restaurant operators.
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