What is TouchBistro?
TouchBistro offers an all-in-one cloud-based point-of-sale (POS) and restaurant management system designed to simplify operations for restaurateurs. The platform integrates essential front-of-house, back-of-house, and guest engagement tools, catering specifically to the unique demands of the food service industry. Known for its speed, reliability, and ease of use, TouchBistro empowers establishments to increase sales, enhance guest experiences, and optimize operational efficiency, solidifying its status as a global leader in transforming restaurant business practices.
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 WaldenVC and Kensington Capital Partners
Series A (2015): $6M featuring Difference Capital, Kensington Capital Partners, Relay Ventures, and JUST EAT
Series B (2016): $17M backed by BDC IT Venture Capital, Kensington Capital Partners, Relay Ventures, Huff Capital, 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, Relay Ventures, JPMorgan Chase, Napier Park Global Capital, BDC IT Venture Fund, and Recruit Holdings
Series E (2019): $119.2M supported by Kensington Capital Partners, OMERS Growth Equity, Barclays Bank, BMO Capital Partners, OMERS Ventures, RBC Ventures, JPMorgan Chase, Napier Park Global Capital, and BDC IT Venture Fund
Debt (2022): $109M featuring Francisco Partners
Key Investors in TouchBistro
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. The firm offers diversified strategies across private markets, including venture capital, growth equity, and mid-market buyouts, primarily targeting North American businesses.
OMERS Ventures
OMERS Ventures is an investment group that offers pension plans for employees through various businesses.
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. Unlike other funds, Relay exclusively focuses on software for mobile (from the sensor to the cloud), creating an unparalleled set of networks and resources that tangibly help founders build world-class companies.
What's next for TouchBistro?
The substantial enterprise-level funding and recent strategic investment indicate TouchBistro is poised for accelerated expansion and further innovation. This capital infusion is likely to fuel advancements in its cloud-based POS and management system, potentially including enhanced AI-driven analytics, expanded integration capabilities with third-party services, and further penetration into new geographic markets. The company's trajectory suggests a focus on solidifying its market leadership and continuing to provide cutting-edge solutions for the global restaurant industry.
See full TouchBistro company page
